Moneta Holdings Launch Moneta Token

Moneta Holdings to Launch Moneta Token Project Development on the 25th of January 2021

WILMINGTON, DELAWARE, UNITED STATES, December 3, 2020 /EINPresswire.com/ — Moneta Holdings is to launch the development stage of Moneta Token on the 25th of January 2021. Fiat pegged cryptocurrencies are called “Moneta”. All Monetas will initially be issued on the blockchain so they exist as a cryptocurrency token. Each Moneta unit issued into circulation is backed in a one-to-one ratio (i.e. one Moneta USD is one US dollar, one Moneta GBP is one Pound Sterling) by the corresponding fiat currency unit held in deposit by Moneta Holdings.

Monetas may be redeemable/exchangeable for the underlying fiat currency or if the holder prefers, the equivalent spot value in any other cryptocurrency. Once a Moneta has been issued, it can be transferred, stored, spent, etc. just like any other cryptocurrency.

Moneta Supported Countries and Currencies

There are 195 countries supported by Moneta project. This total comprises 193 countries that are member states of the United…