Nexus Payments Limited provides a Virtual Financial Asset designed to digitally emulate the US Dollar, Euro and Pound Sterling with the Lynk Network.
The asset’s value is tied to the value of it’s collateral. USD Lynk (USDL) and EUR Lynk (EURL) are the first two VFAs launched by Lynk.
These are fully collateralized and securitised stable coins designed to become a globally accepted trade currency and backbone of the crypto economy.Read More
Lynk tokens are backed by national currencies like the USD, Euro, Pound Sterling, acting as a stable currency for digital exchange.
Our custom exchange engine was designed to be scalable and to ensure that orders are executed in real-time.
USDL wallet is held in cold storage until a customer wants to withdraw to fiat or an external wallet.
USDL and EURL are the first legally defensible stable coins, Nexus Payments Limited does not hold customer funds, they remain in custody of Tier 1 banks and regulated custodians.
The USDL platform is built on blockchain technology, leveraging the security and transparency that the Ethereum network provides.
Every USDL is always backed 1-to-1, by traditional currency held in reserves. So 1 USDL can always be redeemed for 1 USD, no more, no less.
All buyers of Lynk tokens must complete their full corporate or individual KYC on the platform prior to buying any tokens, this is easily done on the app itself. We request large institutional buyers to contact us on email@example.com so we may be able to smoothen the purchase process.
The same applies for those looking to withdraw the token back to fiat currency, as well as all holders of the token.