Haven’s XUSD Combines a Stablecoin With Privacy

Privacy is a concept no one can associate with traditional finance solutions. In the cryptocurrency world, that situation is a bit different. Even a stablecoin can be private, when done right. 

Haven Values Privacy with XUSD

There are many stablecoins on the market, yet they seem to lack privacy features.

Even though pseudonymous addresses can be used, converting the asset to regular currency requires using centralized platforms with KYC procedures. 

Moreover, the proposed value peg is sustained through asset backing, usually in traceable fiat currency.

Haven’s XUSD is a unique stablecoin that has none of these drawbacks.

Its price stability does not hinge on asset backing or a risky peg, but rather an algorithmic dual coin blockchain. 

Every XUSD -or Haven Dollar – can be converted into $1 worth of XHV at any given moment.

Similar to crypto assets like Bitcoin, the value of XHV can fluctuate, thus users may receive different amounts at different times. 

Converting between XUSD and XHV can be done via the Haven wallets, adding an extra layer of privacy.

All in all, the XUSD stablecoin is a very different take on this concept.

It would be good to see more of these currencies move away from fiat-backed aspects and add more layers of privacy to the equation. 

Looking to advertise? We will gladly help spread the word about your project, company, or service. CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio. Contact us if you have any questions:

JP Buntinx

JP Buntinx has been writing about cryptocurrency since 2012. His interest in crypto, blockchain, fintech, and finance allows him to cover a broad range of different topics.

Published by
JP Buntinx

Recent Posts

CryptoGames: Play 9 Games with 10 Different Crypto Currencies

In today’s era, Crypto currencies are now more than just a buzzword. This futuristic currency…

14 hours ago

5 Smaller Play-to-Earn Games And Tokens You Might Have Missed

The play-to-earn ecosystem continues to fire on all cylinders. As a result, investors, speculators, and…

15 hours ago

Buy the NBM token and learn how to trade on the NFT Black Market

Known as the most important black market for NFTs today, this platform is presented as…

16 hours ago

QANplatform (QANX), the quantum-resistant blockchain platform launches its CEX listing journey on

Tallinn, Estonia, 28th November, 2021, Estonia, Tallinn, Nov. 28, 2021: lists QANX Token, the…

20 hours ago

Are Gambling Coins A Dead Concept Or Will They Rise Again?

In the early stages of cryptocurrency, gambling was one of the more prominent use cases.…

2 days ago

5 Polygon Projects And Assets Noting Substantial Trading Volume

When the trading volume of a projectś native asset increases, it usually means one of…

2 days ago