FxDAO
The first decentralized stablecoin protocol running on the Stellar network.
Note: The protocol is still on development
Currency Agnostic
USD is the most common denomination out there... Let's be real, there won't be mass adoption until we serve all currencies and because of that, FxDAO is currency agnostic.
Transparent reserves
One of the issues with fiat backed stablecoins, is that it's difficult to know if an issuer is fully solvent. In order to solve that, FxDAO's stablecoins are backed by public reserves of XLMs
Fully incorporated
We are a legally incorporated non-profit DAO in the RMI, with clear rules and with the goal to be fully community governed.