LOWER TRANSACTION COSTS
Traditional financial transactions, especially cross-border transfers, can be costly due to intermediary fees and exchange rate fluctuations. Flipmoney enables efficient and cost-effective transactions as it operates on decentralized networks with reduced intermediary involvement.
Financial inclusion
Decentralized fiat-pegged tokens can help bridge the gap between traditional and decentralized finance, allowing individuals who are unbanked or underbanked to access financial services.
Mint and Redeem
Fiat-pegged tokens can be minted and redeemed against the smart contract. Yes, this means that you can go back and forth between your local currency-pegged tokens and Bitcoin with no limits.
A better local currency
Is the money you know but with less operative costs, without friction or restrictions. Yes, that sounds like bitcoin
Transparency
Decentralized local currency-pegged tokens leverage blockchain technology, which provides a transparent and immutable record of all transactions. This transparency fosters trust among users, as they can independently verify the token's pegged value and the reserve backing it.