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11 Sep 2023, 08:52
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1RIZONATOLO #2064
11 Sep 2023, 09:06
[About the $RCHF stablecoin].
The $RCHF is a 'fiat-collateralized' stablecoin that is pegged to a fiat currency(Swiss Franc) issued on the RIZON mainnet and maintains a stable price.
The original 100k $RCHF were issued to test the safety of the RIZON blockchain and were not intended for actual circulation or utilization.
The RIZON based $RCHF has been in minted for approximately 9 months and we have confirmed that there are no issues.
In order to issue the stablecoins needed for the actual Proof of Concept, existing Stable Coins have now been burned and we will re-issue them after discussing the details with Maerki Baumann, Switzerland Bank.
Thank you.
[About the $RCHF stablecoin].
[About the $RCHF stablecoin].
The $RCHF is a 'fiat-collateralized' stablecoin that is pegged to a fiat currency(Swiss Franc) issued on the RIZON mainnet and maintains a stable price.
The original 100k $RCHF were issued to test the safety of the RIZON blockchain and were not intended for actual circulation or utilization.
The RIZON based $RCHF has been in minted for approximately 9 months and we have confirmed that there are no issues.
In order to issue the stablecoins needed for the actual Proof of Concept, existing Stable Coins have now been burned and we will re-issue them after discussing the details with Maerki Baumann, Switzerland Bank.
Thank you.