uTalk

1984

1984 Group

Registered: 2020-11-20

Posts: 39

Utopia launches fully anonymous currency soft-pegged to the US Dollar

Dear Utopia Community,

Utopia, a decentralized ecosystem founded in 2013 and released in 2019 providing access to secure and surveillance resistant communication and finances, launched Utopia USD stablecoin named UUSD.

The UUSD stablecoin built on Utopia serverless peer to peer blockchain that currently powers all-in-one kit for secure instant messaging, encrypted e-mail and voice communication, private web browsing available for Windows, MacOS and Linux.

Utopia USD like a native Utopia's currency Crypton features anonymous transactions by default and does not reveal any identifying information to its blockchain, rendering its history completely untraceable. Every transaction is completely private and leaves absolutely no metadata visible for public. No other cryptocurrency currently provides future-proof non-traceable transactions. Other competitors relies on obfuscation rather than anonymization and vulnerable to the tracing tools like CipherTrace.

Utopia USD designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It's value is backed by DAI cryptocurrency collateral that can publicly be seen on the cold wallet and equals to total supply of the UUSD. The initial supply is 1,000,000 USD backed by 1,000,000 DAI located on the 0x2Cf6717fA2C1fea68F4bdedC26B578898651C270 Ethereum wallet.

The price of DAI is soft-pegged to the U.S. dollar and is collateralized by a mix of other cryptocurrencies that are deposited into smart-contract vaults every time new DAI is minted.

The liquidity of the Utopia USD is supported by market making algorithms on several exchanges including Crypton Exchange. Conversion is possible at the near-zero exchange rate. Crypton Exchange is built-in crypto exchange with instant deposits and withdrawals. The exchange is also available using the internal secure network by domain CRP and known for no operation limits.

Please update your Utopia client app to the latest version to use the new Utopia USD currency.

Best Regards,
1984 Group Team

TheMerchant

Moderator

Registered: 2020-11-20

Posts: 68

Re: Utopia launches fully anonymous currency soft-pegged to the US Dollar

Cryptocurrency users have been deprived of a proper, anonymous, stablecoin up until now. The introduction of UUSD is a great leap forward for the entire industry.

People can think of the Crypton blockchain as the anonymous, fast and low fee, layer 2 of the Ethereum blockchain for DAI, in the form of UUSD.

UUSD supply may be tracked in real time in the client, under uWallet>USD>Treasury

DAI backing may be verified at the following address:
https://etherscan.io/address/0x2Cf6717f … #tokentxns

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"Honour Above Greed" -TheMerchant

Makedonskiy

Member

Registered: 2020-11-20

Posts: 108

Re: Utopia launches fully anonymous currency soft-pegged to the US Dollar

good step. TUSD recently fell in love with blocking accounts, no anonymity

Dr-Hack

Moderator

Registered: 2020-11-20

Posts: 70

Re: Utopia launches fully anonymous currency soft-pegged to the US Dollar

UUSD has really upped the game. The transparent implementation of the pegged liquidity makes it all the more attractive ...

Things Tether can learn I guess

Cromanes

Member

Registered: 2021-12-10

Posts: 316

Re: Utopia launches fully anonymous currency soft-pegged to the US Dollar

Good evening when will you be listing on Binance? Or there are some problems on conditional policy between Utopia and Binance?
And another question. Won't Utopias have a problem in the long run with U.S. law?

Lanistergame2

Member

Registered: 2022-12-25

Posts: 2,420

Re: Utopia launches fully anonymous currency soft-pegged to the US Dollar

How many times guys have you all used the Utopia ecosystem stable coin and how many exchange allows the use of this coin right now?