DIGITAL CASH IS
BACKED BY TRUST
Same Currency Banking
Digital Cash, such as eEUR, eUSD and eGBP are backed by highly liquid, government assets in their native currencies, such as European bonds, T-bills and UK Gilts. This means that Digital Cash are bearer instruments, where you as the token holder are the owner of the underlying assets.
In some cases, ARYZE risk management team will/can use the foreign exchange to cover the currency risk. This will/can be used in cases where it financially makes sense for the company and the Digital Cash holders.
What Is It Worth?
Digital Cash is overcollateralized by 2.5 percent to avoid market-to-market and settlement risks. This overcollateralization ensures that there is always some fiat available on bank balances.