Palm USD
PUSD
$0.998608
Current Price
+0.00%
24h Change
Info
PUSD
Symbol
$2.82B
Fully Diluted Valuation
$101.14M
Market Cap
285
Market Rank
2.83B
Total Supply
$120.61K
Total Volume
$0.998978
24h High
$0.998269
24h Low
About Palm USD
Palm USD (PUSD) is an advanced stablecoin initiative designed to deliver a robust digital dollar framework. Fully backed by reserves in Saudi Riyal (SAR) and UAE Dirham (AED), both pegged to the US dollar, PUSD aims to address the demand for a stable and Shariah-compliant digital asset. It focuses on serving enterprises, financial institutions, and sovereign bodies, facilitating global trade, seamless cross-border transactions, and efficient treasury management. PUSD's mission is to provide a secure, compliant, and reliable financial instrument that integrates smoothly with existing financial systems while adhering to Islamic finance principles. Technologically, PUSD leverages cutting-edge blockchain innovations to ensure high security and transparency. Its institutional-grade infrastructure is tailored to meet stringent compliance and regulatory standards, making it an attractive option for entities prioritizing security and trust. PUSD's ecosystem extends into decentralized finance (DeFi), offering opportunities for integration with various financial applications and services. Its adoption is bolstered by strategic partnerships and collaborations with key financial players, enhancing its credibility and utility in the market.
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FAQ
Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.
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