What currency is XEM? (What is XEM called in Chinese)
XEM is a decentralized digital currency driven by the community. It is a stablec
XEM is a decentralized digital currency driven by the community. It is a stablecoin pegged to the US dollar. The token will serve as a payment method within the xEm ecosystem. Through this, XEM can be traded, transferred, and exchanged without harming any entity. The issuer of XEM aims to bring rewards to its holders and promote the development of the network, thus introducing a new governance model in the protocol. XEM supports various asset types such as Bitcoin, Ethereum, etc. Its main function is to help participants contribute to their projects. (cointelegraph)
What is XEM called in Chinese
According to the Chinese name of XEM coin (XEM), the code issued on XEM is XEM. XEM was incubated by ConsenSys, a blockchain technology company. It is a decentralized digital asset platform based on the Bitcoin network, aiming to provide a secure way for global users to trade and make payments. It currently supports various currencies, including Ethereum, EOS, BNBChain, etc.
Reportedly, the project plans to launch a full-stack solution: make cross-border remittances more convenient, low-cost, and without intermediaries; solve interoperability and security issues through integration with other public chains; seamlessly connect participants in different blockchain ecosystems; and use distributed smart contracts to execute various tasks. (区块律动BlockBeats)
This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/08/12/what-currency-is-xem-what-is-xem-called-in-chinese/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
The Rise of Ethereum Layer2 Networks: An Overview of the Lockup Volumes
According to reports, according to L2BEAT data, the current total lockup volume of the Ethereum Layer2 network is 9.57 billion US dollars, with a decline in the past 7 days to 8.33
-
#Google Plans to Add Conversational AI to Flagship Search Engine
According to reports, Google CEO Sandal Pichai has stated that Google plans to add conversational artificial intelligence features to its flagship search engine
-
G20 Meeting in Bangalore: Encryption Regulation Discussed
It is reported that following the first two-day meeting of G20 finance ministers and central bank governors held in Bangalore from February 24 to 25, the India…
-
Regional Banks in the US Stock Market Experience Strong Growth
According to reports, the shares of regional banks in the US stock market rose strongly before the market. The First Republic Bank (FRC. N) rose by more than 50
-
#How-to-Protect-Your-Cryptocurrency-Investments-Against-Flash-Loan-and-Rug-Pull-Attacks
On April 30th, according to CertiK Alert data, the April attacks have caused a total of approximately $103.6 million in losses, including approximately $19.8 million in losses caus
-
XRP Price Breaks Through $0.5: A Comprehensive Analysis
On March 28th, the market showed that the price of XRP broke through $0.5, temporarily reported at $0.505, with a cumulative increase of 10.5% today; Over the p
-
Peter Thiel’s Founders Fund Hires Former Pantera Capital Executive Joey Krug
According to reports, according to a person familiar with the matter, Peter Thiel\’s Founders Fund has hired Joey Krug, former co chief investment officer of cry
-
Why is Ethereum a Shanzhai Coin (Why Ethereum is Surging)
Why is Ethereum a Shanzhai Coin? Why is Ethereum considered a cryptocurrency? W
-
Charlie Munger’s Strong Disapproval of Cryptocurrencies
According to reports, Charlie Munger, the vice chairman of Berkshire Hathaway, said at the annual shareholders\’ meeting on February 15 that he was ashamed of t…
-
The total value of StarkNet bridging storage has increased by over 10000 ETHs in the past 10 days
According to reports, according to the latest data from Dune Analytics, the total value of StarkNet\’s Ethereum Layer2 expansion solution for cross chain bridgin