Copenhagen-based Fintech Company ARYZE Launched Its First Stablecoin

Copenhagen-based financial technology company ARYZE launched its first stable digital currency asset, ARYZE Digital Cash, on the European digital asset exchange Switchere.

ARYZE Digital Cash will provide individuals and businesses with a means of exchange that is as instant and transferable as any mainstream crypto asset, with the stability of a government-backed digital currency and none of the surveillance and acceptance issues that come with a so-called Central Bank Digital Currency (CBDC).

ARYZE Digital Cash eEUR is now available for purchase on trusted exchanges. The stablecoin issued by the company and other variants, such as eUSD and eGBP are 100% backed by reserve assets with zero leverage.

The company also launched MAMA DeFi, a decentralized self-custodial exchange where users can buy, trade, and spend digital cash.

Additionally, the company is now in public beta with reForge, a unique cross-chain protocol that enables digital cash transfers between different blockchains and conversions between different digital cash variants.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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