Waves Platform has kicked off their USD gateway which is now live within the client. Waves users can deposit USD via the secure gateway, receiving in return a token that is 100% backed by dollar reserves. This can be held, transferred and exchanged for other tokens quickly and at low cost, and withdrawn back through the gateway into the traditional financial system when required.
“Alongside EUR deposits and withdrawals, the USD gateway offers Waves users an easy way to move money into the blockchain ecosystem, enabling them to invest in tokens and ICOs with fiat. This was always one of the key propositions for the Waves platform: the ability to send and trade with fiat-backed tokens,” says Waves CEO Sasha Ivanov.