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First Ukrainian Bitcoin Exchange Launches Hryvnia-Pegged Stablecoin UAX

First Ukrainian Bitcoin Exchange Launches Hryvnia-Pegged Stablecoin UAX

Cryptocurrency News 30 minutes ago (Feb 21, 2020 05:02PM ET) In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH). Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the blockchain, according to an official announcement by Kuna exchange on Feb.




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