Pecu STA (Stable Asset)
Pecu STA (stable asset) is a 1:1 backed stable coin issued by Pecu Finance. Stable Asset (STA) aims to meld the stability of the different Fiat currencies via blockchain technology. It is a digital fiat currencie.
STA Use Case
Based on the price stability, Pecu STA plays an important role in transactions, payments, settlement, and Decentralised Finance (DeFi).
Here are some of the STA use case:
Transfer your digital currencie anywhere in minutes, with low cost and on the blockchain.
Trade your STA on Pecudex or on other DEX.
Deposit your STA to earn an interest rate.
Pay with your STA as payment for goods and services.
Use STA as collateral and loan asset.
Use STA as cross collateral in Futures.
Store STA on an exchange or in a wallet.
Why we need Pecu Stable Asset ?
The famously high volatility of the crypto markets means that cryptocurrencies can rise or fall by 10-20% and more within a single day, making them unreliable as a store of value. Pecu STA, on the other hand, is protected from these fluctuations and 1:1 backed.
In the World there are more than 160 FIAT currencies, but only USD is available as a digital currency token. People who don't want to have USD because, for example, their own local currency is different, will find the solution at Pecu, we will issue a total of 20 digital currencies that are backed 1:1asset.
Available Pecu STA in Future
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