Category Archives: gold-backed crypto

Vault represented on cryptocoin

Vault Partners with Prime Trust for Its Upcoming Gold-Backed/Redeemable, USD-Pegged Stablecoin

TORONTO–(BUSINESS WIRE)–Vault, the Canadian-Swiss smart contract platform, today announces its partnership with blockchain-driven trust company Prime Trust. Under the partnership, Prime Trust will act as fiduciary and custodian of the LBMA gold bullion behind Vault’s gold-backed and redeemable, 1:1 USD-pegged stablecoin, USDVault, which will launch in Fall 2018. Vault is backed by a consortium of…

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