While most of the world endeavors to use Tether (USDT) as the stablecoin du jour, a company in Romania decided to present a different approach for people inside the country.

As it is often difficult to acquire USDT in that part of the world, the idea of RONcoin (RONC) popped up and materialized through the guiding hands of Bitcoin Romania, the country’s leading provider of BTC and ETH exchange services.

According to the official website, over one billion tokens worth $246 million are currently available for trading with 25,000 ($6,155) currently in circulation. The backers behind the coin promise that the supply will be audited with consistency.

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