OIN partners with DASH NEXT to bring an optimized Stablecoin solution
OIN and Dash NEXT are partnering to launch a Dash backed stablecoin solution via OIN that improves usability and flexibility in the peer-to-peer and crypto payments space. This announcement is welcoming news for OIN and Dash stakeholders as it showcases new possibilities for all crypto users.
What is DASH?
Dash is digital cash designed to offer financial freedom to everyone. Dash allows millions of individuals across the globe to carry out instantly re-spendable and secure transactions, with near-zero fees. Built to support real-life use cases, Dash is the leading decentralized payment solution: it is accepted at merchants globally, accessible via 1,600+ ATMs and 100+ exchanges worldwide. Dash has pioneered groundbreaking features including a two-tier network with incentivized nodes and decentralized project governance (Masternodes), instantly settled payments (InstantSend), instantly immutable blockchain (ChainLocks) and more. The Dash Network’s development is supported by Dash Core Group, the largest organization funded by the Dash Treasury, which supports and nurtures the continued worldwide development and integration of Dash. For more information, visit https://www.dash.org/ or follow the organization on Twitter @DashPay.
Dash Next helps Dash’s main mission of global adoption around the world by focusing on business development and partnerships in Asia and beyond. It takes a think global, act local approach.
What is OIN?
OIN is a platform that helps to stake rewards or yields insurance specifically designed to handle Altcoins. OIN brings a DeFi facility such as issuing Stablecoins to various blockchain projects using a multi-faceted infrastructure. With the use of the latest blockchain trend, DeFi, OIN empower projects, small or large.
What does this partnership mean?
OIN and Dash’s partnership will be rewarding for both the ecosystem and the users by providing OIN’s Stablecoin solution to Dash’s growing merchant network and community. There are few other exciting opportunities such as an in-ecosystem payment mode that is in the pipeline as well.
“Dash joining our growing list of partners shows exactly how quickly we’re growing and gaining attention from not only the smaller-cap altcoins but also gaining validation from some of the largest players in the industry. We’re excited to see the big guys join in on our value proposition of Stablecoin minting, leveraging, and rewarding, as it’ll also make it easier for the smaller caps to trust our platform and grow with us. We can’t wait to see the growth this partnership brings, and look forward to exploring other ways to integrate with a great ecosystem such as Dash.” — Richie Li, co-founder of OIN.
This partnership is an exciting opportunity for the blockchain ecosystem to grow closer together. We picture seamless crypto payments for users while providing them full control and options to choose from. Users and merchants gain the opportunity to remain in crypto and manage volatility risks as they can switch over to a stable asset without ever leaving the crypto system.
Felix Mago, Co-Founder of Dash NEXT adds: “We are excited to explore the possibilities DeFi has to offer for our users. We imagine seamless and payments across different crypto networks. With Dash’s established merchant ecosystem and great user community, we believe the DeFi space can profit greatly from fast and cheap transactions enabled by Dash.”
The collaboration between OIN and Dash is aimed to be mutually beneficial for both the parties involved. With the help of OIN’s versatile infrastructure, it is possible to manage Dash’s Stablecoin use while providing new options for user rewards.
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