Electronic Dollars (eUSD): A Data-Protecting Stablecoin
On October 10, 2022, Sentz (formerly known as MobileCoin) and Reserve unveiled Electronic Dollar (eUSD), the first-ever data-protecting stablecoin.
eUSD leverages new developments in cryptography with the stability of Reserve’s RToken platform to provide a fully collateralized US-dollar backed stablecoin.
eUSD is always backed by a basket of fully collateralized stablecoins.
What makes eUSD stand out?
- Complete Privacy: End-to-end zero-knowledge encryption ensures your data remains confidential.
- Mobile-Friendly: Compatible with mobile devices and apps, no need for additional light clients.
- Lightning-Fast Settlement: Transactions settle in 5 seconds or less, ensuring swift and convenient transfers.
- Low Fees: Enjoy minimal transaction costs with a flat fee of just $0.0026 per transaction.
- Transaction Fees Paid in eUSD: Say goodbye to the hassle of dealing with multiple coins for gas fees.
- Environmentally Conscious: Near-zero environmental impact makes eUSD a sustainable choice.
Accessible through the Sentz ecosystem, eUSD allows users to convert fiat and cryptocurrencies into and out of eUSD through centralized exchanges, liquidity providers, and within the Sentz app, all while maintaining KYC standards.
Designed with your privacy in mind, eUSD offers the benefits of web3 while empowering users with maximum control over their personal data. We believe that utility and data protection can co-exist in harmony. Our compliance organization leads payments globally by setting the standard for how data-protecting cryptocurrency will comply with the law while protecting customers’ rights and defending them against criminals and predatory corporations alike.
While peer-to-peer transactions on Sentz’s MobileCoin blockchain shield customer data from public exposure, our team proactively collaborates with blockchain analytics companies to ensure seamless and effective data collection when users convert in and out of eUSD, ensuring global compliance.
James Smith, Founder of Elliptic, expressed his support: “Elliptic is proud to partner with Sentz on data-protecting stablecoin eUSD. Together, Elliptic and Sentz share a commitment to building a safer ecosystem for crypto transactions.”
eUSD protects customers by not storing their data – your data belongs to you.
eUSD is the result of a powerful collaboration between Sentz and Reserve, pioneering the world of decentralized digital cash. Just like physical cash, eUSD is inexpensive, fast and self-custodied.
Discover eUSD in the Sentz app today and experience the future of digital cash firsthand.