Utopia launches fully anonymous stablecoin soft-pegged to the U.S. dollar backed by DAI

Utopia, a decentralized ecosystem founded in 2013 and released in 2019 providing access to secure and surveillance resistant communication and finances, launched Utopia USD stablecoin named UUSD. The UUSD stablecoin built on Utopia serverless peer to peer blockchain that currently powers all-in-one kit for secure instant messaging, encrypted e-mail and voice communication, private web browsing available for Windows, macOS, and Linux. Utopia USD like a native Utopia’s currency Crypton features anonymous transactions by default and does not reveal any identifying information to its blockchain, rendering its history completely untraceable. Every transaction is completely private and leaves absolutely no metadata visible for public. No other cryptocurrency currently provides future-proof non-traceable transactions. Other competitors relies on obfuscation rather than anonymization and vulnerable to the tracing tools like CipherTrace. Utopia USD designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It’s value is backed by DAI cryptocurrency collateral that can publicly be seen on the cold wallet and equals to total supply of the UUSD. The initial supply is 1,000,000 USD backed by 1,000,000 DAI located on the 0x2Cf6717fA2C1fea68F4bdedC26B578898651C270 Ethereum wallet. The price of DAI is soft-pegged to the U.S. dollar and is collateralized by a mix of o...