Oct 23 / 2018
Latest News / Blockchain news
katy micallef
Posted by: Katy Micallef

Globcoin deploys first stable payment token

Globcoin has announced the launch of its first stable payment token. The GLX token was successfully deployed on the Ethereum Blockchain as the company entered Q4 2018.

The GLX value is linked to 85% of the world economy, through a currency basket of the 15 largest national currencies and Gold and intends to serve as a stable, reliable payment token.

malta blockchain summit Globcoin deploys first stable payment token
The GLX value is linked to 85% of the world economy.

Development of listing conditions for Exchanges, as well as KYC and whitelisting for the GLX users is currently underway. Bank transfers and crypto-to-GLX purchases and GLX & ETH contract wallets are also on the books for the Globcoin crypto platform.

“We already have a strong support from many partners in the industry, including Exchanges and protocols. We will soon announce our first partnership with a worldwide organization that will use GLX as their global means of payment,” said  Helie d’Hautefort, Globcoin CEO.

With a team of industry experts in several fields with strong professional credentials (and many of them having years of experience in the “traditional” currency management space), Globcoin is offering the world a currency that is safe, secure and trustworthy, taking stablecoins to the next level.

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