VNX’s stablecoins serve various purposes within the digital economy, facilitating effective portfolio management, cross-border transactions, volatility hedging, and integration into decentralized applications (dApps) and digital businesses.
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Backed by real-world assets like physical gold and stable fiat currencies, VNX tokens combine the benefits of traditional assets with the efficiency and transparency of blockchain technology, providing users with stability and security in their investments.
The collaboration aims to provide customers with access to security tokens and asset-backed tokens across continents.
Users of tokenized precious metal platform VNX can now trade, deposit, and withdraw funds with crypto tokens referencing the Euro and Swiss franc on Emirex.
LBank users will have access to VNX Gold tokens issued on Ethereum and Q blockchains.
VNX users can now earn VNXLU tokens and trading fees by providing liquidity from their VNX Gold holdings.
“Onboarding the two largest fiat credit cards to our platform helps foster greater accessibility and convenience for both experienced and novice investors,” states VNX CEO and Co-Founder, Alexander Tkachenko.