Latin American digital assets platform Mercado Bitcoin (MB) has expanded its listings of Digital Cash stablecoins from ARYZE following the successful launch of eEUR last year with Market participants now also able to purchase and transact in US dollars and British pound sterling with the listing today of eUSD and eGBP (ticker EUSD & EGBP).
Digital Cash stablecoins are full-reserve, asset backed in short-term government bonds, and are issued by ARYZE BVI, a wholly owned subsidiary of Aryze ApS Denmark. Digital Cash stablecoins operate on various blockchain networks, and at MB can be found on the Polygon blockchain.
Digital Cash operates consistently with a full reserve backing model, mitigating bank and counterparty risk and is over-collateralised. Cross currency conversion is embedded into the fabric of every coin bringing previously unseen fungibility between major currency pairs and making Aryze Digital Cash globally relevant.