Carbon launches stablecoin designed with a unique algorithm

MarketsSeptember 12, 2018, 10:40AM EDT
UPDATED: September 12, 2018, 10:42AM EDT
Carbon launches stablecoin designed with a unique algorithm
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The CarbonUSD is a compliant stablecoin available for institutional accounts, trades, and exchanges. Carbon is actively pursuing exchange listings for CarbonUSD. CarbonUSD is unique for its algorithmic model. The stablecoin will be composed of a basket of 'whitelisted' tokens that helps maintain its one-to-one peg to the U.S. Dollar. (Source: CoinDesk)