First ever Fiat-on-Chain launched by L3COS disrupts the $152BN Global Stable Token industry by launching GBP, Euro and USD on chain safeguarded with central banks
Retrieved on:
Monday, August 15, 2022
In September 2022, L3COS will launch its closed loop, digital assets marketplace, enabled by Fiat-on-Chain (FoC) deposits and withdrawals.
Key Points:
- In September 2022, L3COS will launch its closed loop, digital assets marketplace, enabled by Fiat-on-Chain (FoC) deposits and withdrawals.
- "We are delighted to offer our FoC (Fiat-on-Chain) solution for the digital asset markets industry, eliminating the risks posed by stable tokens and other equivalents.
- The total value of FoC deposits is safeguarded with central banks at all times, which provides security and ultimate liquidity of your deposits."
- Founded by Zurab Ashvil, L3COS , (pronounced 'Leckoss') is a blockchain-based operating system bringing the benefits of blockchain to the wider economy.