Azbit will add Support for BRICS Tether (BRICST), a Stablecoin Pegged to the Chinese Yuan and Designed to be an Alternative to the USD and the USDT
Upcoming Listing: BRICST
We are pleased to announce that Azbit will add support for BRICS Tether (BRICST), a stablecoin pegged to the Chinese Yuan and designed to be an alternative to the USD and the USDT.
Deposits, trading and withdrawals will open at 6 PM (UTC) April 3, 2023.
Trading pair: BRICST/USDT, BRICST/ETH, BRICST/BTC.
“Our goal is to provide a stable, secure, and accessible digital currency that can be used worldwide for payments, investments, and savings. BRICST is designed to solve the problems of volatility and instability that have plagued the cryptocurrency market since its inception,” the team stated.
The stablecoin is pegged to the Chinese Yuan (1 BRICST = 7 Chinese Yuan) and offers 10% per annum. BRICS Tether is planned to eventually be backed by fiat, crypto, bonds, gold, silver and real estate.
MORE ABOUT BRICST
Congratulations to the team and welcome to azbit.com!