Backed by high-grade government assets & major fiat currencies, ARYZE’s suite of full reserve stablecoins provides stability amid global financial uncertainty.
COPENHAGEN, DENMARK, March 23,
In the wake of numerous crypto business failures and the ongoing banking crisis triggered by the shutdown of Silicon Valley Bank, Silvergate Bank, and Signature Bank, ARYZE has just launched a suite of stablecoins designed and built to be quite literally a digital representation of the cash in your pocket.
The Company has been developing its concept of full reserve banking-based stablecoins for several years in order to ensure the highest standards of governance, transparency, and utility.
It’s time to move forward with trust and transparency as the foundations of the next generation financial system.””— Morten Nielsen, CFO and Co-founder of ARYZE
The timing of this launch is prescient, addressing as it does the serial challenges undermining confidence in traditional banking and its fractional reserve-based business model.
Founded in 2017, ARYZE has been steadfast in its commitment to solving the biggest issues facing the financial industry, by making digital assets and programmable money a reality for everyone. Being at the forefront of the fourth industrial revolution, it is paving the way for a new era of programmable money with a suite of blockchain-based products and services, including Digital Cash stablecoins (such as ARYZE eEUR, eUSD, and eGBP), cross-chain protocol reForge, and a decentralized exchange MAMA DeFi.
Nikogosian, a renowned public speaker and thought leader on crypto, blockchain, and Web3 sees the mission of ARYZE to be an enabler of financial inclusion worldwide. “ARYZE is a new kind of financial institution, supporting what we like to call a ‘consumer-facing CBDC’ with all the benefits of security and trust you would expect from a Central Bank, but with much greater flexibility and freedom.”
