Intro to The Balance Protocol

Balance Protocol, as a USD stablecoin primarily backed by Bitcoin Cash (BCH), can bolster the web3 ecosystem by offering a stable repository of value for users. This allows them to retain their assets in a steadfast currency, mitigating the risk of price volatility. It supports multiple currency exchanges with BLC and each supported currency comes with its own dedicated pool for executing BLC and B-Stablecoin trades. As more users opt for Balance Protocol, it will enhance liquidity in the web3 ecosystem, simultaneously affording users the ability to access credit without resorting to conventional financial intermediaries.

Machenism