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How Our Stablecoin Works

Using CXAU

CXAU brings together the speed and security of modern digital currency with the timeless stability and value of gold. Use CXAU to:
  • Make peer-to-peer payments
  • Store your holdings in gold, safe from volatility
  • Easily redeem your holdings in USD or physical gold
  • Pay for goods and services (coming soon)
 

Why CXAU?

 

100% Asset Backed

CXAU is 100% backed by physical gold stored at the Royal Canadian Mint and audited quarterly.
 

Tied to Price of Gold

The value of CXAU is derived from the real market value of the physical gold that secures it and is not subject to volatility
 

Fully Redeemable

Account holders are able to redeem CXAU for physical gold or fiat currency at any time
 

Fully Compliant

The Coro platform operates in full compliance with all U.S. and global regulations.
 

Built on the fastest technology

Coro is built on the world’s most advanced, scalable and secure Hashgraph distributed ledger technology, which is more than 1000 times faster than Blockchain.
 

Highly Secure

By using the highest standards of identity verification Coro protects its users from fraudulent activities and keeps their accounts safe.

Pricing

STORAGE
0.5% annualized (1/12 of 0.5% is charged on the first day of each month)
PEER-TO-PEER TRANSFERS
1% of transfer amount
PURCHASE CXAU
0.5% of purchase price
CONVERT CXAU TO PHYSICAL GOLD
0.5% of conversion amount + $25 shipping and handling
CONVERT CXAU TO USD
0.5% of conversion amount

Get early access to the Coro App.