Being referenced to traditional currencies, VNX stablecoins offer a traditional asset in digital form. This is a more stable and reliable instrument correlated to the real world for operations in the crypto market.
Fiat-referenced tokens are issued by the licensed company. VNX Commodities is registered as TT Service Provider with the Financial Market Authority Liechtenstein (FMA), namely as Token Generator, TT Exchange Service Provider, TT Token Depository, TT Key Depository and TT Identity Service Provider. The registrations can be checked at the official website of the FMA: https://fmaregister.fma-li.li/search.