USDX [Kava] company info

What does USDX [Kava] do?
USDX (CRYPTO:USDX) is a decentralized stablecoin on the Kava blockchain, backed by a basket of assets. It serves as a medium of exchange, store of value, collateral for loans, and unit of account, benefiting Kava and Cosmos ecosystem users. USDX operations encompass minting, redemption, lending, borrowing, and staking. Its goals are to offer stability, foster Kava and Cosmos adoption, and encourage decentralized app development. With a strong foundation and experienced developers, USDX is a promising, dependable choice for value storage and transfer in the decentralized realm.
Company Snapshot

How many people does USDX [Kava] employ?

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Employees
506

What is the market cap for USDX [Kava]?

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Market Cap
$91.33M

Where is the head office for USDX [Kava]?

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Head Office
Incline Village, Nevada

What year was USDX [Kava] founded?

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Year Founded
2017
What does USDX [Kava] specialise in?
/Algorithmic Stablecoin /Stablecoin

What are the products and/or services of USDX [Kava]?

Overview of USDX [Kava] offerings
USDX Lending and Borrowing: Users can lend and borrow USDX on the Kava blockchain.
USDX Minting: Users can mint USDX by depositing collateral assets into a smart contract.
USDX Payments: Users can use USDX to make payments to merchants and other users.
USDX Redemption: Users can redeem USDX for their collateral assets at any time.
USDX Savings: Users can save USDX in a Kava wallet to earn interest.
USDX Staking: Users can stake USDX to earn rewards.