LANDOLLAR IS A NEW TYPE OF STABLECOIN, BACKED BY A NEW TYPE OF MORTGAGE
"BlockchainTech can lower many of the costs of transacting, financing and managing real property. It also allows us to issue Mortgage Bank Digital Currency (MBDC) to fund our mortgages, and to pass the lower cost of funds on to the borrower in the form of up to 40% lower interest rates. -Davidson Barlett, Founder
BUILDING BETTER E-MONEY
By combining mortgage lending with blockchain technology, now it is possible to issue asset-backed stablecoins with a purchasing power tied to the real estate market, and with a circulating supply which represents mortgage principal outstanding, nothing more, nothing less.
STABLECOINS: THE CURRENCY OF WEB3
US Dollar-pegged payment stablecoins are gaining acceptance for everyday purchases due to lower transaction fees, and other advantages to both merchant and consumer. Yet to date, concerns about price stability and backing have limited consumer acceptance of stablecoins in the US as spendable currency. Even so, stablecoin use is increasing exponentially as a faster, more secure channel for remittances, bank-to-bank transfers and cross-border business to business transactions. Artificial intelligence (AI) Agentic commerce promises many new and exciting applications, along with ever increasing demand.
A viable WEB3 digital currency must be capable of scaling to all of these possibilities.
To find out more about stablecoins, there can be no better explaination of their significance than this brief essay by Chris Dixon, Founding partner of A16Z Crypto.
https://a16zcrypto.com/posts/article/stablecoins-payments-without-intermediaries/
