TORONTO–(BUSINESS WIRE)–CannDollar Announces the first universal digital currency, Silver-Backed
StableCoin and a Safe-Haven of all crypto-currencies, launched on LATOKEN
Exchange
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LATOKEN is a rapidly growing Top-30 crypto exchange focusing on |
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● $300+ million daily turnover |
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● 150,000+ registered traders |
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● 350+ crypto pairs available for trading |
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Besides crypto trading, LATOKEN users can participate in selected |
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sale stages. |
CannDollar (CDAG),
a blockchain-based silver-backed digital currency, is pleased to
announce its launch on LATOKEN
, one of the top 3 European crypto exchanges. It is the first universal
coin that offers liquidity, intrinsic value and a safe-haven for
currencies- digital and otherwise.
The CannDollar silver token (CDAG)
is a digital representation of the one pure 99.99% pure troy ounce
Canadian Silver Maple Leaf coin and is among the finest bullion coins
worldwide. It is legal tender in Canada with recognized fair value.
Each CannDollar token is issued as a cryptographic token on the ERC20
blockchain, backed by a one silver troy ounce with .9999 purity –
physical Silver Maple Leaf coin.
CannDollar Tokens are stored with BitGo
as the depositary, and the physical silver is stored – through
authorized agents of the Royal
Canadian Mint ; such as Kitco
and Dillon
Gage. These counter parties make CannDollar the best of class
StableCoin. The authorized agents settle their trades and storage
confirmations on blockchain ledgers.
The market
value of the CannDollar silver token (CDAG)
may vary on a daily basis, depending on the international price of silver.
The growth in demand for silver in many sectors; such as, medicine,
solar energy, tech has created liquidity in the silver market.
The CannDollar silver token (CDAG)
provides purchasing power, stability and a shield against inflation or
hyperinflation. It is a portable, divisible, tangible and enduring store
of value.
CannDollar silver token (CDAG)
tokens may be redeemed for physical silver coins or bullion. CannDollar
will deliver silver within 48 hours of a request in more than 100
countries through international secure transportation providers. (CDAG
tokens representing delivered silver will be burned/deleted from the
blockchain). Read
more
Contacts
Tamara Muradova
[email protected]
437-371-8206
