IBXD
Last updated
Last updated
What is the token used for?
IBXD is a token whose value is stabilised on tokenised assets invested in US dollars, which are non-risky and liquid, such as US Treasury bills. It is created when an IBEx user acquires it through the currencies accepted for payment on the platform and can be reimbursed when the user requests conversion to the currencies accepted in exchange.
The emphasis of IBEx
IBXD is not an electronic currency because the token does not represent a claim on its issuer. IBXD's cash can be invested in several assets. At launch, it is invested in and contributed to the in order to maximise the annual return.
Primary market
Secondary market
Token Issuer
CHAINR