The article is penned by Eduardo Argueta.
Eduardo Argueta currently acts as a Head of Communications in Platinum Q DAO Engineering. He is a skilled writer who first got into blockchain and cryptocurrencies back in 2016 as a means to send money abroad. He enjoys writing about all kinds of topics and industries, more importantly, FinTech and P2P services.
His background on international relations provides him with a deep understanding of worldwide economics and how crypto can improve people’s lives on a global scale.
This is your brisk intro to Q DAO Ecosystem. It has just enough details to entice (or, probably, confuse), so that you can invest some time in googling it a bit more. Feel free to ask me just any whatsoever questions below. Preferably about USDQ though 🙂
Disclaimer: I consult USDQ as an independent advisor and hold smaller amounts of both USDQ and Q DAO. I am pretty sure I know what I’m talking about. Kinda. Moreover, KRWQ – a stablecoin pegged to Korean Won will be attached to Q DAO family. This will not only make a huge impact on the local Korean market but also to the whole Asian region.
Let’s not beat around the bush. If you want to move into cash, the only viable option is “official” exchanges with identity checks and lengthy waiting periods. There’s a definite yearning to do better in this regard.
Tether (USDT) has been a popular alternative. With 2 billion in circulation, you might think that’s it, that’s the best solution. But you’d be wrong. There’s so much controversy about Tether (USDT), legal risks for the company where reserves live (Tether Limited), grayness about the team behind the project… People are genuinely concerned with parking their worth in Tether (USDT).
Platinum Q DAO Engineering team is developing USDQ, a new stablecoin on the block. Just like Tether (USDT), it’s pegged to USD. But it’s backed by Bitcoin and not fiat. And there will be more top 10 cryptocurrencies in the future. Thus, there’s no…