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Learn about blockchain and security tokens
What is a security token?
A security token is a digitized representation of ownership in any type of asset on a distributed ledger. This could be equity, debt, or something else. In the case of OpenLTV, a security token represents debt interest in a particular offering.
What is Paxos (PAX)?
Paxos Standard (PAX) combines US Dollar stability with the efficiency of blockchain technology. PAX is a dollar denomiated stable coin, issued by Paxos, a US Chartered Trust company. That means that 1 PAX is worth 1 US dollar. Learn more here: https://www.paxos.com/pax/
What is USD Coin (USDC)?
USD Coin (USDC) is a type of cryptocurrency that is referred to as a stablecoin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price. USDC is backed by Circle and Coinbase. Learn more here: https://www.coinbase.com/usdc
What Is TrueUSD (TUSD)?
TrueUSD (TUSD) is a stablecoin that you can redeem 1-for-1 for US dollars. TUSD is the first asset token created on the TrustToken Platform. You can read more about it here: https://www.trusttoken.com/trueusd/