What is Fathom Dollar (FXD)
What is Fathom Dollar (FXD)
Start learning about what is Fathom Dollar through guides, tokenomics, trading information, and more.
Fathom Dollar (FXD) Basic Introduction
FXD is an XDC Network-based stablecoin, representing a stable-price cryptocurrency issued and developed by Fathom DAO, a decentralized autonomous organization. The value of FXD is softly pegged to the U.S. dollar and is supported by an over-collateralized XDC Token, which is securely held in smart-contract vaults during the creation of new FXD tokens.
One of the primary objectives of FXD is to address the existing gap in trade finance by offering direct access to alternative investors for micro, small, and medium-sized enterprises (MSMEs). Through platforms like portal.tradefinex.org and fathom.fi, Leveraging the fast, scalable, and secure infrastructure of the XDC Network, FXD provides Stable options to MSMEs with a more accessible and cost-effective means to access the necessary capital for business growth. This initiative contributes to economic expansion and job creation, empowering MSMEs to thrive in the global marketplace.
Fathom Dollar (FXD) Profile
Fathom Dollar (FXD) Tokenomics
Tokenomics describes the economic model of Fathom Dollar (FXD), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
Fathom Dollar TokenomicsPro Tip: Understanding FXD's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Fathom Dollar (FXD) Price Prediction
Building on tokenomics and past performance, price predictions for FXD aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of FXD? Check it out now!
Fathom Dollar Price PredictionDisclaimer
The information on this page regarding Fathom Dollar (FXD) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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