Tuesday, October 30, 2018

TIDEiSun Group integrates XPA Assets to new financial services

KUALA LUMPUR, Oct 30 (Bernama) -- The TIDEiSun Group – a media, technology and investment group – announced the integration of XPA Assets to several new financial services, including a stable token-based debit card.

With TIDEiSun’s other services, such as the TideWallet, TidePay and TideBit Exchange, XPA Assets forms a holistic asset ecosystem with multiple capabilities.

According to a statement, XPA Assets are a series of stable tokens pegged to different nations’ fiat currencies, with USX pegged to USD, JPX pegged to JPY and more.

They are fixed to their respective nations’ fiat currencies generated using real assets as collateral with smart contracts, giving them the stability needed for day-to-day use.

The wide range of currencies available also gives XPA Assets an advantage in an increasingly globalized cryptocurrency market.

“We need stable tokens more than ever in today’s uncertain and volatile cryptocurrency market. Users need a way to secure their investments to avoid volatility and market crashes,” said TIDEiSun chief executive officer, Robin Xie.

“XPA Assets will build a bridge between the fiat and cryptocurrency worlds, and our range of different services will allow users to move their assets freely for their own vision of investment,” she added.

XPA provides the expectation for growth typical of other current cryptocurrencies and XPA Assets provide a currency stable enough for long-term investment, token-to-token trades, and easy conversion to the fiat.

By combining trustworthiness with stable value, the XPA Assets series are poised to become a cryptocurrency for daily use, suitable for everything from buying coffee in the morning to large corporate transactions.

TIDEiSun – with offices in Hong Kong, Taipei, Tokyo, Kuala Lumpur and New York – has also developed mobile payment apps, a cryptocurrency ATM and debit card integration for this vision of the future. More details at https://xpacoin.com/

-- BERNAMA

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