Mars Blockchain, an enterprise blockchain development group today announced the launch of its very first stablecoin, 1SG, a Singapore dollar pegged blockchain asset on two popular crypto exchanges – Kryptono Exchange and Top.one Exchange.
The fiat-collateralized stablecoin will be available for trading on the exchanges starting from today January, 1st 2019 onwards. Users of 1SG no longer have to worry about the security of their crypto-assets, or the difficulty of trading with cryptocurrency and fiat.
As its tagline goes, Kryptono Exchange is the most “comprehensive crypto platform for everyone every day.” The company is currently ranked in the top 30 exchanges on Coinmarketcap with a monthly volume of over $500M USD and is expected to act as the perfect middleman to provide the necessary escrow services for users to buy or sell cryptocurrencies and fiat through peer-to-peer exchanges.
Top.one Exchange operates on advanced distribution cluster architecture and is able to process millions of transactions per second to enable huge volumes to transact seamlessly and fuss-free. The exchange is also internationally appealing and supports more than 20 different languages.
“Mars Blockchain is thankful to have the opportunity for 1SG to be listed on Kryptono Exchange & Top.one Exchange. It is a crucial step in securing the stablecoin’s identity on the cryptocurrency market and marks 1SG’s entry into the international arena. More importantly, these partnerships would offer Mars Blockchain a stronger global network, bringing them a step closer to fulfilling its mission in bringing frictionless spending to the doorstep of 1SG users.”