Platinum to develop a decentralized USD-equivalent Bitcoin backed stable coin

Platinum company LTD announced the developing of USDQ coin, a one of its kind decentralized stable asset. The USDQ token is fully backed and correctable by bitcoin aiming it to match 1:1 with the U.S. dollar. USDQ has been designed as an Ethereum token written according to the ERC-20 protocol, now anyone with an Ethereum wallet will be able to send and receive USDQ tokens. Though Platinum is developing the currency, there is no central authority in charge of issuing the coin.

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