Damex
Glossary

What is a Stablecoin?

A Stablecoin is a type of cryptocurrency that is pegged to a stable asset, like a fiat currency, to reduce volatility.

What are Stablecoins used for?

Stablecoins are used for trading, payments, and as a store of value.

How can you understand Stablecoins in simple terms?

A Stablecoin is a digital coin tied to a stable asset like the US dollar to keep its value steady. They are used for trading and making payments without worrying about big price changes, providing a reliable way to handle transactions.

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Related terms (by category)

Smart Contract

Self-executing contracts with the terms of the agreement directly written into lines of code on a blockchain.

Staking

The process of holding tokens in a cryptocurrency wallet to support the operations of a blockchain network and receive rewards.

Related terms (by alphabet)

By Business Need

International Stablecoin Payments

Delivering faster, lower cost and compliant global remittances with stablecoins.

MiCA Compliant Crypto Services

Navigate the evolving crypto regulatory landscape with Damex's fully compliant crypto services.

Business IBAN Solutions

Unlock seamless Ist & 3rd party payments with Damex's dedicated IBAN solutions.

Crypto Batch Payments & Payroll

Effortless bulk crypto payments and payroll processing.

Crypto-enabled Invoicing Services

Smart invoicing solutions to accept crypto and stablecoin payments.

Treasury & Transaction Management

Advanced treasury management and real-time transaction oversight with Damex's eOTC solution.

Yield Solution

Maximize returns on treasury reserves with stablecoin-based yield solutions.

By Industry

iGaming (Online Casinos & Betting Platforms)

Revolutionizing iGaming money management with seamless stablecoin-powered solutions.

PSPs (Payment Service Providers)

Empowering PSPs with faster, more scalable crypto payment solutions.

FX & Remittance Companies

Cut FX costs and accelerate global remittances with Damex stablecoin solutions.

VASPs (Virtual Asset Service Providers)

Secure, compliant, and scalable crypto payment solutions for VASPs.

High-Risk Businesses Needing Compliant Crypto Payments

Reliable, secure, and regulatory-compliant crypto payment solutions for high-risk industries.

About us

Find out more about Damex.

Our History

Founded by Sam Buxton and Thomas Johnson, Damex evolved from crypto custodial solutions to a global fintech powerhouse, handling $2.5 billion in transactions

Culture

We are dynamic, we are progressive, we are united.

Team

We are dedicated to simplifying ownership and management of Digital Assets.

Career

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