Miami, FL, Aug. 30, 2022 (GLOBE NEWSWIRE) — Stabila is a POS blockchain focused on bank-grade stablecoins and bank-grade digital assets. In the latest development, Stabila enabled counterparties to exchange digital crypto assets instead of relying on fiat currencies. For example, USD, EUR, GBP, JPY, CNY and CHF payments are made seamlessly and settled in less than 50 seconds via blockchain.
Blockchain Banking and DAM
The distributed nature of the blockchain means transparency and immutability. Stabila estimates that their blockchain alone could save about $2 billion a year on cross-border payments. Stabila makes the banking process simple and conveniently integrated by recently launching its new blockchain banking and digital asset management services. It generates personalized solutions for more prominent actors who have resources and time.
Blockchain Banking SDAMS Contact
Stabila blockchain has implemented stablecoins that represent all fiat currencies in the world. Users of any country can trade any fiat, anytime, for less than $0.02. There is no difference between local or international payments. Banks can use Stabila blockchain-based payment solutions that relieve all burdens for customers and banks.
Stabila provides the best blockchain technology for bank grade stablecoins. It is gaining traction as the platform of choice for blockchain banking. Stabila smart contracts are licensed and limited to use by selected devices, positioning themselves as a fraud/fraud free environment.
Blockchain technology for bank-grade Stablecoins
Furthermore, Stabila has also developed software for digital asset management for banks and financial institutions that connect banks to blockchain services. Small and large businesses can invest in digital asset management software for various purposes, often to manage digital assets in banking ecosystems using Stabila services.
Stabila software helps businesses get more value from their digital assets by storing them in a centralized application, giving employees and customers direct access and control over digital assets. The product is also used to audit and control an organization’s digital assets, maintain up-to-date information, and control the security of holdings with role-based permissions. SDAM includes rules-based automation to ease administrative overhead.
In addition, the smart contracts on the Stabila blockchain are licensed. This means that these contracts are well curated and audited, so the ecosystem has no programmable risks. Robust use cases are driving the current growth in various forms of stablecoins.
Stablecoins allow instant access, 24/7/365, so the trading experience is positive due to implemented DLT payment systems linked to escrow. The last resort is the process of exchanging cryptocurrencies for fiat currencies.
About Stabila Stablecoins:
Stabila stablecoins are digital currencies that work on top of the Stabila blockchain, which is linked to a reference value. While Stabila works with banks, their stablecoins are most often minted by banks through internal processes. Stabila stablecoins act as a store of value, enabling banks and financial institutions to exchange them. Stabila blockchain also allows transactions 24 hours a day/7 days a week/365 days a year.
Stabila stablecoins act as independent assets on the blockchain. The coins can interact with smart contracts to create payment services and other financial services. The Stabila chain has already deployed 42 bank-grade stablecoins. These coins are linked to other fiat currencies, making the process of cryptocurrency trading a simple task.
Stable Bank-Grade Stable Coins
Intended users and determined crypto enthusiasts must visit the following links for more information.
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