New EUR Stablecoin Just Started Its Journey

What is StableCoin and how does it work?

BRATISLAVA, SLOVAKIA / ACCESSWIRE / August 11, 2023 / Stablecoin STC is a new generation of cryptocurrency that is supposed to reflect on changing shifts in demand in the consumer market intuitively and with high flexibility.

"STC AI Assets Management" (STC-AI_AM) in its final applied form should intuitively search for assets with the most stable market potential and then recommend acquisitions or sales. However, the final decision will remain on the human factor. In the later variant, will be possible to directly manage a portfolio by the individual users, thanks to recommendations of the STC Platform.

One of the primary goals is solving the issue of maintaining monetary stability and its form of coverage. Effective distribution of assets is one of the most important tasks, requiring permanent attention, as STC coins in circulation are pegged 1:1 to EUR. USDT was chosen as the main cryptocurrency pair due to its market stability and user confidence. The STC ecosystem itself paves the way for innovation, which is why we are already working on Liquidity Management through AI (Artificial Intelligence).

About STC token

STC coin is generated as a hybrid form of stablecoin. The assets with which the value of the coins will be covered and secured are already diversified in the initial stage from fiat currencies, gold, government bonds, CBDC, corporate shares, and patent rights to other movable forms of assets.

Another benefit of the ecosystem will be the possibility of using STC for companies with employees and Retail with its consumers.

COVID-19 has been the cause of the current economic crisis. Growing unemployment, high inflation, unpredictable development of energy prices, political instability, and growing population have become big question marks. The recession affected all sectors, including the financial sector. The banks remained skeptical about the further indebtedness of individuals and companies. Stablecoin STC also sees the possibility of further application, namely through the provision of STC in the form of collateral. In this way, it is possible to use it, for example, as a hedging instrument in the provision of credits/loans.

STC issuer, STABLECOIN INTERNATIONAL LTD is currently in discussion with the management of the bitcoinmat.org in the EU. It is expected that STC will be implemented in this network within 3 months, which will fulfill another request of the issuer in terms of increasing the user availability of coins.

The next step is the initiation of cooperation with an investment group and Angel Investor: AGF Europe, S.E.. This business connection aims to enable the acquisition of STC for qualified investors, representing the fund. Andrej Juhaniak - AGF Europe´s chairman, sees cryptocurrencies as the future of the financial sector. From his point of view, as an innovative banker, „digital assets should be a part of the portfolio of every private and corporate client/user".

Since July 2023, STC has been listed on the largest European cryptocurrency exchange P2B.

In terms of territory, STABLECOIN INTERNATIONAL LTD plans to focus on the European market, which will be challenging with the introduction of MiCa regulation, but highly interesting from the point of view of potential users. Secondary expansion is planned for the countries of the Near East, part of Asia, and Africa.

Ecosystem of STC

The STC Ecosystem is meticulously crafted to serve a diverse range of users, including Individuals, Businesses, and Retailers. These users not only recognize digitization as a promising avenue but also possess a strong appetite for the tangible implementation of innovative solutions. They are driven by a desire to extract optimal value from stablecoins, utilizing them effectively for both personal and business endeavors.

Individuals within the STC Ecosystem are keen on leveraging the potential of stablecoins to enhance financial flexibility, streamline transactions, and explore novel investment opportunities. They are motivated by the convenience and security that stablecoins offer in their day-to-day financial activities.

Business entities engaging with the STC Ecosystem see it as a gateway to optimize operational efficiency, reduce transactional complexities, and foster seamless global trade. They perceive stablecoins as a versatile tool for cross-border transactions, hedging against market volatility, and unlocking new avenues of growth.

Media Contact
Name: Patrick Sokolovsky, CEO
Email: info@stablecoin.international

SOURCE: STABLECOIN INTERNATIONAL LTD

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