EOS-Based Newdex Decentralized Exchange Gains Carbon’s CarbonUSD Stablecoin Trading Pair
Carbon, a decentralized ledger technology and artificial intelligence company announced the addition of its flagship product, Carbon USD (CUSD) to the Newdex exchange. The announcement on Medium confirmed the fintech company added the EOS/CUSD trading pair on the exchange. The latest move is set to increase the overall trading volume of the CUSD token while increasing the market knowledge of the benefits of the Carbon project.
— Carbon (@carbon_money) February 19, 2019
Carbon project aims at improving the global economy through a decentralized, efficient and inclusive platform. Furthermore, the company focuses on more partnerships in future with crypto exchanges, digital wallets and decentralized applications (dApps). The partnerships aim at mass adoption of crypto as well as minimize the friction of transitioning from the traditional financial systems to the dynamic blockchain financial systems.
Speaking on the latest addition to the Newdex exchange, Gavin Mai, Chief Product Officer at Carbon showed enthusiasm of the listing saying,
“We are thrilled about the listing of CUSD on Newdex. It’s an important step towards providing more liquidity points for a more stable EOS ecosystem.”
The CUSD token is a stablecoin offered by the Carbon project in a bid to improve the climatic and environmental conditions. The token is live on the EOS and Ethereum permission less blockchains.
Newdex offers Carbon USD a huge market to grow into and reach its goals of minimizing friction for crypto users across the world. The vast EOS network heavily relies on the Newdex DEX to make trades and such popularity will allow CUSD grow in the community as the first EOS based stablecoin.
Newdex is the first EOS based decentralized exchange catering to the EOS community around the world. The exchange upholds the characteristics of safe, fast and transparent blockchain while devoting to create a new-generation platform for digital assets exchange, leading the industry into an ideal new era.