About USDBE

USDBE is a stable, secure, and transparent stablecoin pegging to US dollars. It is supported by sufficient cash assets and relies on first-class blockchain technology, creating a strong 1:1 exchange system. USDBE freely and efficiently connects fiat currencies with digital assets, helping people to integrate into digital asset world in order to enjoy the benefits brought by technological advancement.

USDBE is a digital asset based on the Ethereum ERC20 standard. Through smart contracts, when the user deposits US dollars, the corresponding equal amount of USDBE is being generated. When the user redeems the US dollar, the corresponding amount of USDBE is being destroyed, which maintains the 1:1 exchange rate between USDBE and US dollar.