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Official announcement: Through extensive collaboration with independent trusts, audit and law firms, prospects of any regulatory actions or litigations against ZAC is minimized, thereby enhancing efficiency while providing assurance over client assets. Guarded by internationally recognized KYC&AML controls and systems deployed in the traditional financial market, combined with underlying blockchain and smart contract technologies, the deposit and withdrawal of ZAC is made ever available and seamless. ZAC is pegged to major HKD with 100% backing in cash, effectively maintaining market prices
Project team background: OneCash is a stablecoin centered global financial technology platform that emphasizes compliance, security, and efficiency. We envision the world of fiat and cryptos would integrate seamlessly, and endeavor to create a world where cross-border trades can be effectively settled at low or no cost.
Project basic information: ZAC is a compliant stablecoin pegged 1:1 to the Hong Kong Dollar with 100% backing in cash.
Media publications:
Global News Online: https://www.globalnewsonline.info/onecash-empowering-the-asian-digital-community/
Boston Journal: https://www.bostonjournal.net/onecash-empowering-the-asian-digital-community/
Daily Herald: http://finance.dailyherald.com/dailyherald/news/read/41744868/
Supported Exchanges: UniSwap
Suggested Gas limit setting: 60,000