1 to 1 parity
Roncoin offers a one to one exchange rate with a stable fiat currency, the Romanian Leu. Every Roncoin is backed by 1 RON (Romanian Leu) in the Roncoin platform's reserve account. This way each Roncoin is 100% backed by real assets.
Stable Price
You can cold store your crypto assets without worrying that they will be worth less in the future. Roncoin is a token backed by actual fiat currency. Every Roncoin is 100% backed by actual assets in our reserve account. Being anchored to real world currency, Roncoin provides protection from the volatility of cryptocurrencies.
Exchange to fiat quickly
Roncoin enables businesses, including exchanges, wallets, payment processors, financial services and ATMs, to easily use fiat-backed tokens on blockchains. By leveraging Blockchain technology, Roncoin allows you to store, send and receive digital tokens person-to-person, globally, instantly, and securely for a fraction of the cost of alternatives.
Transparency
The Roncoin platform is built to be fully transparent at all times. The amount of Roncoin issued will always be less than or equal to the amount of our fiat currency reserves. We will only issue Roncoins that are backed by fiat currency.Our reserve account is regularly audited. 24/7 access to our balance. Going through our know your customer (KYC) form and approval process is required to issue and redeem RONC.
Safe and Secure
We are fully transparent and all transactions are visible in etherscan, so you have proof of everything. Roncoin is built on top of revolutionary and cryptographically secure open blockchain technology. Every Roncoins is pegged at a one-to-one exchange rate with a matching fiat currency, the Romanian Leu (e.g., 1 RONC = 1 RON) minus processing fees and is 100% backed by actual assets in our reserve account. As a fully transparent company, we publish a real-time record of all value held and transferred in and out of our reserve account. The bank account holdings are published regularly and subject to monthly professional attestations.