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FXD is a stablecoin based on the XDC Network and developed by Fathom DAO. It is pegged to the U.S. dollar and backed by over-collateralized XDC Tokens held in smart-contract vaults. The main goal of FXD is to bridge the trade finance gap by providing direct access to alternative investors for micro, small, and medium-sized enterprises (MSMEs). Through platforms like portal.tradefinex.org and fathom.fi, FXD leverages the fast, scalable, and secure infrastructure of the XDC Network to offer stable funding options to MSMEs, enabling them to access capital for business growth in a more accessible and cost-effective manner. This initiative contributes to economic expansion and job creation, empowering MSMEs to thrive in the global marketplace.
Issue Time
1970/01/01
Initial Price
US $ 0.99501244
Circulation/Max
0/0
Dominance
0.00%
ROI --%
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