Greenpro Capital's GreenX to List $ST Stablecoin by April 2025
GreenX Expands Digital Asset Offerings with $ST Stablecoin
Greenpro Capital Corp. (GRNQ) subsidiary GreenX is set to list the $ST stablecoin by April 2025. This collaboration with $ST issuer PIH Limited underscores a significant regulatory and operational milestone, blending innovation with compliance.
$ST Stablecoin: Security and Transparency
$ST is a tokenized security backed by a USD reserve portfolio under the Secured Security Token Program, managed by Potomac Capital Limited, a Hong Kong SFC-licensed firm. This framework ensures transparency, security, and reliability, allowing holders to redeem $ST without liquidity hurdles.
Aiming for Excellence in Stablecoins
Robert Liu of Potomac Capital emphasized $ST's goal to outperform other stablecoins by maintaining a 1:1 USD ratio through robust infrastructure. Dr. CK Lee, CEO of Greenpro Capital, highlighted the strategic importance of blockchain technology in a regulated environment, aligning with GreenX's vision.
This partnership positions GreenX as a leader in the digital asset space, combining regulatory compliance with innovative financial solutions.
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