Posts

Showing posts from April, 2025

USDBIT: The Rare Gem-Backed Stablecoin Now Trading on Koinpark

Image
Koinpark, the best cryptocurrency exchange in india , has officially listed USDBIT , a stablecoin that stands out by being backed with Alexandrites — rare, certified gemstones. It’s a fresh take on stability in crypto, with full audits and long-term value integrity. But what sets USDBIT apart from the typical digital dollars flooding the market? Let’s look into why this gemstone-backed stablecoin is turning heads. What Is USDBIT? USDBIT is a 1:1 USD-pegged stablecoin that stands out by being backed by Alexandrites , one of the rarest and most valuable gemstones in the world. Known for their stunning ability to change colors in different lighting, Alexandrites are not just beautiful — they’re incredibly scarce and valuable. Unlike algorithmic or fiat-backed stablecoins, USDBIT uses tangible assets to ensure long-term stability. Each token is fully backed by audited Alexandrite reserves , with no additional minting or inflation , ever. How Is USDBIT Secured? Security and transparency ...