This Project May be Fiat’s Layer 2 Solution

With an upcoming public sale on Polkastarter and a recently launched DEX, e-Money is an innovative addition to the Cosmos ecosystem. With international money transfers remaining expensive, opaque, and drawn out processes, the introduction of cryptocurrencies as a faster, more transparent method of cross-border payments promised to improve the way the world sends and receives money. This being said, Bitcoin and other cryptocurrencies are still considered by many as too volatile to be considered as viable solutions for payment solutions. With the eyes of the world on cryptocurrencies and DeFi (decentralized finance) products, a solution for outdated legacy systems is much needed if digital currencies are to truly go global. With a system backed by bank deposits and government bonds, e-Money is offering a transparent and compliant improvement to legacy banking systems, with fully collateralized and interest-bearing stablecoins that will eventually support all major global currencies. Built for global payments…

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