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FxDAO
FxDAO is a currency-agnostic, non-profit DAO building stablecoins backed by transparent, publicly verifiable reserves of XLM (Stellar Lumens). It aims to serve users across multiple fiat currency denominations, not just USD, in order to drive broader stablecoin adoption.
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FxDAO
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Description
FxDAO is a currency-agnostic, decentralized stablecoin protocol on the Stellar network. To ensure solvency, its stablecoins are backed by public reserves of XLM. The project is legally incorporated as a non-profit DAO in the Republic of the Marshall Islands (RMI) and aims for full community governance.Category: Stablecoin Issuance
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