Carbon, creators of price stable cryptocurrencies, today announced that an EOS/CUSD trading pair has been listed on Newdex, a decentralized exchange catering to the global EOS community.
Newdex’s popularity with the EOS community will help broaden the reach of CarbonUSD, a fiat-backed token that is the first of its kind on the EOS blockchain. Traders and institutions around the world will be able to benefit from the utility and value that Carbon provides as a more formidable and credible EOS stablecoin.
“We are thrilled about the listing of CUSD on Newdex. It’s an important step towards providing more liquidity points for a stabler EOS ecosystem,” said Gavin Mai, Chief Product Officer at Carbon.
The Carbon team is seeking to continue their push to partner with exchanges, dApps, and wallets. The company’s initial product is a price-stable cryptocurrency called CarbonUSD was recently launched on the EOS and Ethereum public blockchains.
Investors in Carbon include General Catalyst, FirstMark, DCG, and Plug and Play among others.