RE: Multiple businesses and websites21 Mar 2024 08:33
GSMoney is the end goal sitting at the top, under GSmoney will then branch off to the different exchanges, Angraglobal, AngaFX, GS20 etc.
Quote -The future roll-out of GS Money is intended to be focused on three initial use-cases:
International Money Transfers: GS Money will initially be used in restricted cross-border payment testing before being gradually expanded to include commercial activities.
Borderless accounts: GS Money will be integrated into a GST borderless account payment service. This borderless account will allow customers to retain many digital currencies, but the biggest advantage is that they may be converted at the prevailing exchange rate and in any currency, with minimal, transparent fees.
Private Stablecoin: Ultimately it is intended that GS Money will also be focussed on private stablecoin. The objective is to establish public trust, maintain stability, and enable claims backed by reserves. By establishing a private stablecoin ecosystem, GST intends to encourage market players to allow transactions to settle in GS Money digital currencies, as well as be integrated into various other payment services.