ABCC is to list GUSD (the Gemini dollar) and Paxos Standard (PAX) at 12:00 on Oct 17 (UTC+8)

After careful scrutiny, ABCC is delighted to announce two new listings: GUSD and PAX. Trade GUSD/BTC, GUSD/USDT and PAX/BTC, PAX/USDT on ABCC to earn AT and more rewards!

Both GUSD and PAX are issued by the New York Statement of Financial Services regulated Trust company.

🔺GUSD

The Gemini dollar (GUSD) is a cryptographic token issued by a New York trust company which is strictly pegged 1:1 to the U.S. dollar. As an ERC20 compliant token, the Gemini dollar can be transferred on the Ethereum network.

🔺Gemini

Gemini is a licensed digital asset exchange and custodian. It is a fiduciary and subject to the capital reserve requirements, cyber security requirements, and banking compliance standards set forth by the New York State Department of Financial Services (NYSDFS) and the New York Banking Law.

🔺Paxos Standard

Paxos Standard is the first digital asset issued by a financial institution and is fully collateralized by USD. PAX will always be redeemable one-to-one with USD (1 PAX = $1 USD), providing a stable and common currency for digital transactions. It is compatible with the Ethereum wallet that supports ERC20 Tokens.

🔺Paxos

Paxos is the first Blockchain-powered Trust regulated by the New York Statement of Financial Services. By operating with blockchain technology, Paxos is able to exchange assets and payments simultaneously, which eliminates settlement risk. The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley.

Visit the official website

PAX https://www.paxos.com/

GUSD https://gemini.com/