There are some updates regarding MOB, eUSD, and Sentz. In view of possible misunderstandings, I am here to make sure everyone understands the vision behind them.
The team wants to let everyone know that they are working hard to bring payment solutions to the world.
Since Bitcoin is not suitable for daily payment scenarios, the MobileCoin blockchain was designed to meet the needs of daily payments. Payment transactions conducted on the MobileCoin blockchain are fast, highly private, global coverage, extremely low fees and support user self-custody.
First, $MOB was created, a deflationary asset endogenous to the MobileCoin blockchain, and was first launched to the world through the Signal platform. On this basis, the team believed that it was necessary to create a top-notch payment user interface, so they developed Sentz.
In the process, the team sensed that people wanted to own a less volatile currency. To this end, they launched eUSD – a stablecoin that combines all the advantages of the MobileCoin blockchain while avoiding the issues of high volatility.
eUSD is not intended to replace MOB, but to provide users with more choices. The ultimate goal is to allow more people to enjoy the convenience and security brought by the MobileCoin blockchain, thereby maximizing its potential audience.
