[UUSD] Utopia P2P Introduces Anonymous USD Stablecoin Backed by DAI

[UtopiaP2P]

Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant communication and finance, this month launches Utopia USD stablecoin; UUSD.

The UUSD stablecoin is built upon Utopia’s serverless, peer-to-peer blockсhain, that currently powers an all-in-one kit for secure instant messaging, encrypted email, voice communication and private web browsing.

Utopia USD, like the native Utopia 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. No other cryptocurrency currently provides this level of future-proof untraceable transactions. Competing private cryptocurrencies rely on obfuscation techniques rather than genuine anonymization and are vulnerable to tracking tools offered by the likes of CipherTrace.

Utopia USD is designed to maintain 1:1 parity with the US Dollar. UUSD is an anonymous, secure, instant and liquid payment method. Its value is backed by DAI cryptocurrency collateral that is publicly verifiable by the cold wallet address and equals the total supply of UUSD. The initial supply is 1,000,000 USD backed by 1,000,000 DAI located in the following Ethereum wallet: 0x2Cf6717fA2C1fea68F4bdedC26B578898651C270

The price of DAI is soft-pegged to the U.S. dollar and is collateralized by a mix of other cryptocurrencies that are deposited into smart-contract vaults every time new DAI is minted.

The liquidity of the Utopia USD is supported by market making algorithms on several exchanges including Crypton Exchange. Conversion is possible at a near-zero fee exchange rate. Crypton Exchange is a natively integrated anonymous crypto exchange with instant deposits and automated withdrawals. The exchange is available in censorship resistant form inside the Utopia ecosystem by domain CRP.

Utopia offers among the most advanced blockchain in the space and provides a combination of features unique for the cryptocurrency market:

• Anonymous transactions by default
• Instant transactions (less than 3 seconds to confirm)
• Transactions approximately 30 times cheaper than Ethereum
• Absence of network congestion by design through P2P infrastructure
• No KYC or transaction limits inside the ecosystem
• Crypto cards enable payments and invoicing dissociated from public keys
• Voucher code generation and redemption enable offline and paper money transfers
• Desktop GUI and console software, built-in API and tools for merchants

In addition to crypto payments, other Utopia ecosystem components include a decentralized form of DNS (domain registry), multiplayer games, Tor alternative secure network and Idyll browser created to surf deep sites hosted inside the Utopia ecosystem.

Utopia’s blockchain is based on Proof-of-Stake and Proof-of-Resources algorithms. Full nodes are located around the globe and participate in packet routing and validation receiving a reward every 15 minutes (block generation time) by providing internet connectivity, RAM and CPU resources. Each ecosystem user’s privacy is protected by utilizing a dynamic multi-link routing engine with MITM (man-in-the-middle) attack protection. Curve25519, XSalsa20 and Poly1305 algorithms are used to encrypt, sign and authenticate packets, objects and connections between peers.

Utopia’s desktop application is available for Windows, MacOS and Linux in 29 languages. Utopia takes the security of its ecosystem very seriously and has offered a bug bounty program since its

launch in 2019. The ecosystem has been developed by a group of networking technology enthusiasts over the last 8 years. To eliminate any impact on the project, developers of

Utopia will forever remain anonymous.

The launch of the Utopia USD will be supported by a massive airdrop campaign and several marketing initiatives in August of 2021.

Download Utopia: https://u.is/en/download.html

Official Utopia website: https://u.is/

Crypton Exchange: https://crp.is

[Marryan]

Hello. Please tell us how safe this coin can be considered ? I am interested in my privacy and data security.

[UtopiaP2P]

Hello. Please tell us how safe this coin can be considered ? I am interested in my privacy and data security.

That's a privacy coin so you can't track any transactions or users that make these transactions.

[UtopiaP2P]

We are happy to announce that Utopia USD (UUSD) privacy stablecoin was listed on a p2pb2b exchange!

You can find all the details here:

UUSD

https://news.p2pb2b.io/utopia-usd-stablecoin-has-been-listed-on-p2pb2b/
https://twitter.com/p2pb2b/status/1452627263288233999

Now you have even more opportunities to operate with Utopia USD! Hoorray!!!

[UtopiaP2P]

[UNIVERSE]

We are happy to announce that Utopia USD (UUSD) privacy stablecoin was listed on a p2pb2b exchange!

You can find all the details here:

UUSD

https://news.p2pb2b.io/utopia-usd-stablecoin-has-been-listed-on-p2pb2b/
https://twitter.com/p2pb2b/status/1452627263288233999

Now you have even more opportunities to operate with Utopia USD! Hoorray!!!

This is my first time to know about UUSD because it isnot listed yet ib bug exchanges. But congratulations in your P2PB2B. But, do you have any plans to list on top exchanges? Or at least middle exchanges to push trading volume? And how do yoi conpete with other previous stablecoins?

[UtopiaP2P]

[Prime]

Hey there.
Nowadays, offering anonymois coins may be interesting enough moreover for decentralization. I like Dai platform enough and this is sometimes considered better and safer than USDT.
But for Utopia, what can yiu make people more interested to use your stablecoin? Is it safer? Easier? Lower fees?

[UtopiaP2P]

Dear subscribers, we wish you a Merry Christmas and a Happy New Year!

This year our team has done a great job. Here are the most significant events of 2021:

✅at the very beginning of the year, our community got access to the Crypton Exchange - a cutting-edge cryptocurrency trading platform, where its users can buy and sell Crypton cryptocurrency (CRP);
✅our #DevelopmentTeam  has created UAM - Utopia Alternative Miner together with Utopia Mining Bot;
✅we presented anonymous stablecoin UUSD backed by DAI;
✅Utopia USD and Crypton started trading on P2PB2B;
✅Monero was listed on Crypton Exchange.

As you can see, this year has been extremely productive for all of us. So, onwards and upwards! Hooray!

[UtopiaP2P]

Crypton $CRP privacy coin from Utopia p2p was just listed on CoinTiger exchange! https://twitter.com/CoinTigerEX/status/1498149392905236486

Don't miss the chance to participate in a give away dedicated to the latest listing!

[UtopiaP2P]

🎉Hotbit had already listed UUSD (Utopia USD Stablecoin) on Global Section.

⏰Deposit function launches at: 2022.06.07  05:00 AM UTC
⏰Trading function launches at: 2022.06.07  07:00 AM UTC
💗Trading Pair: UUSD/USDT

You can find more details here: https://hotbit.zendesk.com/hc/en-us/articles/6466691229079