The U.S. dollar-pegged crypto token CarbonUSD has just launched as the first stablecoin on the platform.
The token’s developer, Carbon, announced the news in a press release Friday, adding that it believes making the token interoperable across “key” blockchain networks will provide “most value for the crypto industry in the long-term.”
CarbonUSD, which has been live on ethereum for two months, can now be transferred onto the EOS blockchain, giving users “even lower fees and faster settlement than on ethereum,” according to the firm.
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