VNDC is a stable coin by VNDC LTD UK, issued on a blockchain platform basis and 100% backed by Vietnam Dong (VND). The value of VNDC is always on par with VND (1 VNDC = 1 VND).
VNDC is stabled with and backed by Vietnam Dong (VND), in order for users to utilise the benefits of transacting within blockchain network without any effects from other cryptocurrency fluctuations. Every VNDC is always 100% backed by our reserves, which include traditional currency and cash equivalents.
The value of our reserves is published daily. The value of our reserves matches or exceeds the value of all VNDC in circulation.Our blockchain-enabled technology delivers world-class security while meeting international compliance standards and regulations.
Every VNDC transaction is recorded and stored within blockchain network. Transaction cost reduction: All VNDC accounts can be internally transferred within the network with a very low transaction cost and can be stored in any cryptocurrency digital wallet.
VNDC users can switch back and forth into cash – Vietnam Dong, anytime with the fixed exchange rate at 1 VNDC = 1 VND and VNDC users can access and use VNDC at exchanges