Counos Cash is a Stablecoin that was developed based on Litecoin source code and has a completely independent network. More than 21 million units of this cryptocurrency have been premined and will be available for public offering.
The guaranteed rate of each Counos Cash is 20 Swiss francs. This type of cryptocurrency was introduced as a payment tool with the Swiss franc and will be used to settle invoices in this currency. Furthermore, this cryptocurrency is accepted in the Counos payment gateway and can be used to settle invoices in valid global currencies with a guaranteed rate of 20 Swiss francs.
The duration of transaction confirmation in Counos Cash network is approximately 2.5 minutes.