A token within the MonolitChain network with an exchange rate that remains stable, pegged to various fiat currencies.
This stablecoin is also backed by real estate assets held by Monolit Properties.
Cryptocurrency prices are notoriously volatile, limiting their usability beyond a narrow user base.
One way to stabilise Monolit Stablecoin's value is by tying it to real-world currency and high-value, high-performance real estate assets, creating a centralised reserve for guaranteed exchange rates.
This mechanism also facilitates the monetisation and sale of properties on the Monolit Properties balance sheet, making Monolit Stablecoin a robust anchor for the stability of both the token and the entire MonolitChain ecosystem.
