By  on June 6, 2018

Cryptocurrency firm The White Company has found a new way to mix luxury with financial technology on its ecosystem through White Standard stablecoins and White Wallet.

White Standard is a new cryptocurrency on the Stellar blockchain that’s backed by U.S. dollar deposits and audited monthly. The stablecoins can be purchased or redeemed at any time, with the creation and deletion activity displayed on thewhitecompanyus.com. Each dollar on deposit creates a corresponding token, and every dollar deducted from an account results in the deletion of a token.

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