What are HKD Tokens and how do they work?

HKD Token is an asset that move across the blockchain just as easily as other digital currencies but that is pegged to the real-world Hong Kong Dollar on a 1-to-1 basis.

HKD Tokens are referred to as stablecoins because they offer price stability as they are pegged to a fiat currency. This offers traders, merchants and funds a low volatility solution when exiting positions in the market.

All HKD Tokens are pegged at 1-to-1 matching the HKD and are backed 100% by Arcartera (creator of HKD Token) reserves. They are just like a digital HK$.

As a fully transparent company, we publish a record of the current reserve assets.