Press Release
OneCash: Empowering the Asian Digital Community
While Bitcoin continues to lead the pack in terms of market capitalization, it in fact isn’t the most traded cryptocurrency. Currently, the crown of crypto trading volume belongs to a stablecoin named USDT. If Bitcoin and Ether epitomize the blockchain space, then stablecoins are the cornerstone and future of the crypto world.
As of August 2021, according to CoinMarketCap data, stablecoins took up 3 and 2 seats within the top 10 daily trading volume and market capitalization, respectively. More specifically, USDT’s daily trading volume was $90 billion, 2.6 times the daily trading volume of Bitcoin and 3.5 times that of Ether. Despite the enormous trading volume, USDT dwarfed in market capitalization when compared to BTC and Ether, representing only 1/13 the size of Bitcoin and 1/6 of Ether. Therefore stablecoins like USDT have witnessed very high demand from trading activities, which pushed the price of USDT above $1 (inherent price of USDT) for an extended period. To prevent structural premium relative to USD, Tether, the issuer of USDT, is often compelled to increase the supply of USDT to negate the effects of increased demand.
The market demand for stablecoins is self-evident, and an increasing number of players are aiming to fulfill the supply side. Many efforts have been made in creating the ideal stablecoin. But, for the time being, no stablecoin is perfect. The Existing selection of stablecoins invariably possesses certain caveats, which have given crypto investors the short end of the stick. For instance, some stablecoins lack transparency for their stablecoin reserves, others are unable to fulfill their redemption commitments. Even the extreme case of rug-pulling isn’t an uncommon practice. Crypto investors are hence in dire need of a stablecoin that is truly stable, secure, and reliable.
OneCash is a stablecoin centered global financial technology platform that emphasizes compliance, security, and efficiency. OneCash envisions the world of fiat and cryptos would integrate seamlessly, and endeavor to create a world where cross-border trades can be effectively settled at low or no cost.
OneCash recently launched Round Dollar, a stablecoin that might just be the solution to the aforementioned concerns.
Pegged to a basket of major Asian currencies (CNH, JPY, HKD), Round Dollar is a revolutionary synthetic asset allowing users to hedge against the volatility of cryptocurrencies, fiat currencies and dollar stablecoins (USDT, USDC). Its governing principle can be simplified into a formula where 1 Round Dollar = 47 CNH + 550 JPY + 25 HKD. Users may obtain Round Dollar via various channels, such as the OneCash Wallet application, centralized exchanges (Poloniex) and decentralized swaps (JustSwap).
How does Round Dollar fare against other stablecoins?
More Stable and Efficient
The key function of a stablecoin is as literal as the word “stable” in its name. However, achieving stability is not an easy feat due to factors such as global capital flow and government policies regarding reserve handling and safekeeping. Round Dollar is designed to optimize stability and provide holistic protection for its users.
In an environment where the majority stablecoins took the most straightforward path by pegging themselves to the US dollar, OneCash chose to peg Round Dollar to a basket of Asian currencies to target underserved Asian population and unlock the untapped growth potential. In other words, while most stablecoin issuers sought convenience and quick return, OneCash, on the contrary, chose to pursue our vision of empowerment and growing together with our community. More importantly, the composition of the Round Dollar basket can effectively hedge against the depreciation of the US dollar and linked currencies. In other words, other than nominal value stability, Round Dollar is endowed with exceptional real value stability.
It’s also worth noting that Round Dollar is launched using the TRC20 protocol, where the greater part ($33 billion) of USDT is circulating. TRC20 is selected for its high processing speed and reliability, which can in turn offers users a seamless experience and peace of mind.
More Compliant and Secure
There are two predominant types of stablecoins, namely decentralized stablecoins and centralized stablecoins.
The strength of decentralized stablecoins lies in its open and transparent nature, which offers no room for under-the-table maneuvers (e.g. over-issuance). This open and transparent nature has caused decentralized stablecoins to become well-received with use-case scenarios such as Web 3.0, metaverse, Defi, and more. However, decentralized stablecoin is not without its disadvantages. Because no one specific party can conduct identity verification and monitoring, there have been cases where decentralized stablecoins were abused for inappropriate purposes. Conversion to fiat currencies has since then become more challenging.
Centralized stablecoin, on the other hand, possesses strength in that suspicious activities can be readily detected and treated with the appropriate response. Regulators and institutions hence see it in a more favorable light. Centralized stablecoin is however, less transparent and relies heavily on the element of trust.
Round Dollar is a stablecoin that aims to achieve the best of both worlds. Issued by OneCash and monitored by independent trusts, audit, and law firms, Round Dollar is designed to achieve the most stringent compliance standards. This provides assurance that Round Dollar could always exchange to fiat with no hassle. Moreover, seven layers of checks and controls have been implemented to increase the Round Dollar’s transparency and accountability.
- 1st layer: issuance and distribution structure needs to be approved by OneCash partner law firm to ensure compliance;
- 2nd layer: all smart contracts are required to pass the security audit of Slowmist before implementation;
- 3rd layer: client assets are all placed in the custody of independent third-party OKLink Trust and reserve balances are available to public scrutiny real-time;
- 4th layer: transaction assessments are conducted by independent third-party accounting firms on a monthly basis;
- 5th layer: name screening is conducted against the Dow Jones database to ensure compliance with local and international anti-money laundering and counter-terrorism financing (AML/CFT) regulations;
- 6th layer: all users are required to pass a bank account authentication test to establish a compliant and reliable crypto-fiat channel;
- 7th layer: on-chain anti-money laundering is conducted against peckshield database on a per transaction basis, preventing the flow of funds into high-risk addresses (e.g. dark web market, sanctioned addresses) and ensuring the functionality of client account;
What are the use-cases for Round Dollar?
In the era of Web 3.0, Round Dollar can become an effective means of exchange of value within as well as between the virtual and real-world economy.
On-chain transactions – With the popularization of the metaverse concept, hundreds of millions of virtual characters would bring about the next evolution of human society. Production and consumption (e.g. purchase skin, equipment, concert tickets) within this society will require a governing economic system and medium of exchange to function. Round Dollar is a good candidate for adoption in this scenario. Users could consume and produce within the metaverse through Round Dollar. Whenever required, users could then exchange Round Dollar into their desired fiat currency in the real world via OneCash Wallet application.
Decentralized Finance – Round Dollar can also be adopted as an effective denomination in the Defi space due to its unique ability to maintain real value stability.
Trade Settlement – Round dollar can mitigate foreign exchange rate risk for both importers and exporters by avoiding redundant intermediaries to increase the efficiency of cross-border trade and payments.
Round Dollar was listed on Poloniex on August 19, 2021 at 12:00 (Hong Kong time), available as RD/USDT trading pair. Getting listed on Poloniex is just the beginning. OneCash shall continue in its endeavor to create a world where fiat and cryptos could unite as one.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Wall Street Funded, the Prop Firm Led by Traders, Reaches 25,000 Users and Prepares the Launch of Its Own Broker
The financial sector is undergoing a significant transformation, and Wall Street Funded, an emerging funding firm founded in early 2024, is determined to lead the way. With over 25,000 traders relying on its services and sustained growth since its inception, the company has already surpassed $1.2 Million in payouts to its clients—a milestone that establishes it as a trustworthy option in a competitive market.
A Unique approach led by expert traders
Unlike other companies in the sector, Wall Street Funded stands out for being managed by professionals with over a decade of trading experience. The company was founded by Iñaki Martínez and Albert Suriol, both spanish traders, to address gaps observed in the market, where most funding companies were run by marketing specialists rather than trading or finance experts. This approach allows them to offer a more robust and tailored proposition that meets the actual needs of traders.
This vision and expertise are reflected in the company’s support team. Their staff consists of highly skilled trading specialists equipped to quickly and effectively address client needs. Their proximity-focused model enables personalized attention, which sets them apart in the market. Moreover, the company has concentrated its efforts on addressing sector shortcomings, particularly in areas like understanding trading dynamics and risk management—two key aspects that underpin its value proposition.
Recognitions and achievements in less than a year
The strategy of the prop firm is yielding results quickly. In November, the company was recognized as the best trading platform of the month by Forex Prop Review, surpassing more than 30 other firms in the sector. This accolade highlights the company’s commitment to quality, transparency, and operational security for its traders.
One of the milestones that strengthened Wall Street Funded reputation was its swift response to a crisis during its first month of operations. When MetaTrader revoked its licenses, leaving thousands of traders without a platform to operate, the company responded quickly, migrating accounts to cTrader and Dxtrade in record time. This rapid adaptation allowed WSFunded to position itself as one of the most efficient firms in integrating new platforms, reinforcing customer trust and consolidating its market position.
Ambitious plans: launching its own broker
Having successfully achieved its initial objectives, Wall Street Funded is now focused on its next major challenge: launching its own broker in 2025. This project aims to provide traders with more competitive conditions, including lower commissions and a rigorous selection of liquidity providers. Through this initiative, the company seeks to surpass current market offerings and create an ecosystem that supports and empowers traders, further strengthening its industry position.
WSFunded’s vision extends beyond becoming a standout firm in the sector. The company is driven by the ambition to establish itself as a leader, earning traders’ trust by demonstrating it is the best choice for them. This commitment, supported by the founders’ experience as former consumers of funding accounts, has enabled them to incorporate the best market practices and raise existing standards, offering a differentiated service tailored to the real needs of users.
With a clear strategy and a focus on excellence, Wall Street Funded positions itself as one of the firms with the greatest growth potential in the trading sector. Its ambitious goal for the coming years is to rank among the top 10 Prop Firms worldwide. The challenge now is to maintain momentum and continue delivering value to a growing community of traders.
A differentiated proposal: security, transparency, and expertise
In a saturated market, Wall Street Funded aims to stand out with a business model focused on security and transparency,Currently with 5 leading trading platforms. Its risk management desk, composed of financial and trading experts, ensures effective sector analysis and responsible operational management. The company places the highest priority on aspects such as legality, fiscal responsibility, and fair treatment of its clients, establishing itself as a reliable and professional option for traders.
With an impressive track record in less than a year, Wall Street Funded promises to continue revolutionizing the trading industry, proving that a trader-centric approach can make a difference in the competitive financial world.
Only time will tell if these aspirations come to fruition, but Wall Street Funded trajectory thus far suggests it is on the right path to revolutionize the trading industry.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Miami, FL, 1st February 2025, ZEX PR WIRE, Les Roberts, the visionary Director of Miami Fine Art Gallery, has been featured in an exclusive online interview, “Les Roberts: Behind the Canvas of Miami Fine Art Gallery.” In the interview, Roberts offers an intimate look at his professional journey, daily life, and the philosophies that have driven his success in curating one of Miami’s premier art destinations.
Since taking the helm of Miami Fine Art Gallery in 2008, Roberts has transformed it into a global hub for collectors and art enthusiasts. His expertise, shaped by a background in Art History and Business from New York University and a pivotal internship at Sotheby’s, allows him to seamlessly blend classical artistry with contemporary innovation. Through the gallery, Roberts has showcased works from legendary figures like Rembrandt, Picasso, Warhol, and Banksy, creating exhibitions that inspire and provoke.
“Art isn’t just something to look at—it’s something to feel,” Roberts shares in the interview. “Every piece tells a story, and as a curator, my job is to bring that story to life in a way that connects with people.”
In the interview, Roberts discusses his typical day, which begins with quiet reflection in the gallery before it opens. “It’s my time to center myself and plan for the day ahead,” he says. His focus on intentionality and prioritization ensures that his time is spent on tasks that align with the gallery’s mission of inspiration and connection.
Roberts also touches on the role of innovation in the art world, particularly the intersection of art and technology. He describes how digital tools like virtual exhibitions and augmented reality are transforming how audiences engage with art, making it more accessible and immersive. “Technology isn’t replacing traditional art—it’s enhancing it,” he explains.
One of the most compelling takeaways from the interview is Roberts’ philosophy on inclusivity in art. He believes that art should be accessible to everyone, not just the elite. “Whether someone is buying a masterpiece or simply enjoying a gallery visit, art should inspire and connect people, regardless of their background,” Roberts emphasizes.
The interview also highlights some of Roberts’ personal habits and strategies for success, such as his commitment to reflection and building genuine relationships. He credits these practices with helping him grow the gallery’s reputation and forge meaningful connections with clients, artists, and his team.
Les Roberts’ dedication to making art an enriching and universal experience is evident in every aspect of his work. This interview offers a rare glimpse into the mind of a curator who sees art as a bridge between people, cultures, and generations.
About Les Roberts of Miami Fine Art Gallery
Les Roberts is the Director of Miami Fine Art Gallery, located in Miami, Florida. Since 2008, he has curated collections that blend classical artistry and contemporary creativity, showcasing works from icons like Rembrandt, Picasso, Warhol, and Banksy. Roberts is passionate about connecting people with art that inspires and provokes, fostering a welcoming environment for collectors and enthusiasts alike.
To read the full interview, click here.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Minneapolis-based Poptastic Planner has officially launched, offering uniquely designed planners to help children embrace creativity, personal growth, and organization in a fun and interactive way.Founded from a lifelong love of journaling and a cherished tradition of bonding with the founder’s daughter, Poptastic Planner aims to make planning an exciting journey of self-discovery. The planners feature vibrant layouts, colorful illustrations, and interactive elements that teach time management, goal setting, and self-reflection.“Our mission is to help children explore their potential while having fun,” says the founder.Poptastic Planner’s launch offers families creative and empowering tools to help children thrive.
Minneapolis, Minnesota, United States, 1st Feb 2025 – Poptastic Planner, a vibrant new business based in Minneapolis, has officially launched, offering uniquely designed planners to inspire children to embrace creativity, personal growth, and joyful organization. By reimagining traditional planning tools, Poptastic Planner is making organization fun, interactive, and meaningful for the next generation.
The founder’s lifelong love of journaling and planning, rooted in the charm of Minneapolis, served as the catalyst for this endeavor. Journaling provided a safe space for capturing dreams, expressing creativity, and organizing life’s many adventures. What began as a personal passion evolved into a mission: to share the transformative power of planning with children everywhere.
The inspiration behind Poptastic Planner comes from a cherished family tradition. The founder and their daughter bonded over journaling as a “mommy and me” activity, discovering together the benefits of self-expression and structure. Seeing how this practice nurtured creativity and essential life skills inspired the creation of planners designed to foster similar growth for children.
Poptastic Planner combines functionality with fun, offering products that captivate young imaginations. Each planner features vibrant layouts, colorful illustrations, and interactive elements to teach kids skills like time management, goal setting, and self-reflection—all in an engaging way.
“Planning should be an exciting journey of self-discovery, not a mundane task,” says the founder. “At Poptastic Planner, our mission is to help children explore their potential and gain the tools they need to shape their future while having fun along the way.”
Poptastic Planner’s debut marks an exciting moment for families seeking creative, empowering tools to help children thrive.
For more details or to schedule an interview, please contact:
Media Contact
Organization: poptasticplanner
Contact Person: AliSethi
Website: https://www.poptasticplanner.com/
Email: Send Email
Contact Number: +16513018306
Address: 2112 Broadway St NE Suite 225 Minneapolis, MN 55413
City: Minneapolis
State: Minnesota
Country: United States
Release Id: 01022523204
The post Poptastic Planner: Empowering Young Minds Through Creative Organization appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Wall Street Funded, the Prop Firm Led by Traders, Reaches 25,000 Users and Prepares the Launch of Its Own Broker
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