• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Market Cap
  • Shop
What's Hot

Types, Use Cases and Why They Matter

2025-05-24

What’s the Real Difference for Beginners?

2025-05-24

What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

2025-05-23
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
Twitter Instagram YouTube
Crypto Semantic
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of January 28

    2025-02-03

    Op-Ed: The Artist and the Artificial Sublime

    2025-01-20

    Zora launches onchain NFT secondary markets with Uniswap

    2024-08-12

    NFT sales surge led by DMarket on Ethereum

    2024-08-12

    Top NFT Collections by Sales This Week: DMarket Surges Ahead

    2024-08-11
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Analyst Says Momentum Is Going To Switch to Ethereum, Predicts Capital Rotation to Altcoins

    2024-02-20

    Bitcoin Price Rally In Jeopardy? Decoding Key Hurdles To More Upsides

    2024-02-19

    Arweave’s AR token hits 18-month high amid rapid growth and innovation

    2024-02-19

    Largest Bitcoin Whales Gobble Up Nearly $13,000,000,000 Worth of BTC in 2024 Alone: Santiment

    2024-02-19

    NEAR Skyrockets 30% – Investors Intrigued By These Metrics

    2024-02-19
  • Learn

    Types, Use Cases and Why They Matter

    2025-05-24

    What’s the Real Difference for Beginners?

    2025-05-24

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    2025-05-23

    What Is a DEX? How DEXs Work and Why They Matter

    2025-05-21

    What Is Blockchain? Blockchain Technology Explained for Beginners

    2025-05-21
  • Market Cap
  • Shop
Crypto Semantic
Home»DeFi»Sovryn launches Sovryn Dollar (DLLR), a financial freedom toolkit
DeFi

Sovryn launches Sovryn Dollar (DLLR), a financial freedom toolkit

2023-03-22Updated:2023-03-24No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


DeFi


Welcome to the primary digital greenback that’s utterly clear, safe, and dependable whereas offering unmatched safety, censorship resistance, and dependability. Sovryn, a well known decentralized finance (DeFi) platform, has simply launched Sovryn Greenback (DLLR), a brand-new stablecoin backed solely by Bitcoin. It’s presently accessible in all places.

Sovryn has made a decentralized stablecoin that may be exchanged for Bitcoin. That is in response to considerations about how laws and banking work with centralized stablecoins. The Sovryn Greenback goals to offer its customers with the power to stake or maintain their digital property which can be pegged to the US greenback with none dangers concerned, which will be seen in different centralized stablecoins. The cash like Tether or USDC appear uncertain of their viability and long-term stability.

Alternatively, DLLR is a decentralized, reliable, and safe stablecoin pegged to the USD. It has over-collateralized its reserves with BTC to make sure that they are often redeemed. The Sovryn Greenback will be simply transformed to USD, Bitcoin, or another stablecoin. A number of the key benefits that DLLR supplies are its low fuel charges, lack of reliance on financial institution deposits, and lack of transaction censorship. With the assistance of Bitcoin’s decentralized framework, Sovryn affords a real, censorship-resistant stablecoin that’s reliable, safe, and sensible.


Source link

See also  DeFi in Trouble? How Crypto Prepares for New Regulatory Wave in the US
DLLR Dollar Financial freedom Launches Sovryn toolkit
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump family’s memecoin launches spark frenzy of scam tokens

2025-01-21

SolvBTC Now Live on Avalanche, Introducing Yield Solutions for Bitcoin

2024-09-26

Hinkal Protocol Achieves $3M hETH Volume in Curve Pool as Anonymity Staking Gains Momentum

2024-09-26

Flamingo launches f- and p-asset migration, wave three of LP changes, new collateral assets

2024-09-26
Add A Comment

Leave A Reply Cancel Reply

Top Posts
NFT

OpenSea Launches OpenSea Pro, Courting Professional NFT Traders

2023-04-04

NFT Main non-fungible token (NFT) market OpenSea mentioned Tuesday it’s rolling out OpenSea Professional, a…

Learn About Crypto

Crypto Profit Calculator – Calculate PnL & Investment

2023-05-10

Welcome to our crypto calculator! Right here, we provide an easy-to-use and easy software that…

DeFi

Base surges past Solana as total value locked nears $400M

2023-09-22

The full worth locked (TVL) on Coinbase’s layer 2 community Base has surged to $397.32…

Subscribe to Updates

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Twitter Instagram
Popular Post

Bitcoin Cash (BCH) Price Rockets Upward by 108% Following EDX Markets’ Opening

2023-06-27

Bank Employee Hijacks Dead Customer’s Account, Drains $105,000 in Morbid Money Scheme: DOJ

2024-04-27

Le Clu3 Brings NFT-Based Loyalty Perks to Private Banking

2023-07-15

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
© 2025 cryptosemantic.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • bitcoinBitcoin(BTC)$108,902.000.05%
  • ethereumEthereum(ETH)$2,553.88-0.32%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.35-0.44%
  • binancecoinBNB(BNB)$675.891.31%
  • solanaSolana(SOL)$176.91-1.55%
  • usd-coinUSDC(USDC)$1.000.00%
bitcoin
Bitcoin (BTC) $ 109,008.21
ethereum
Ethereum (ETH) $ 2,561.20
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.35
bnb
BNB (BNB) $ 676.83
solana
Solana (SOL) $ 177.09
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.228243
cardano
Cardano (ADA) $ 0.758027
tron
TRON (TRX) $ 0.271231