Counos Cash is a Stablecoin that was developed based on the Litecoin source code and operates in a completely independent network. More than 21 million units of this cryptocurrency have already been mined and will be available for public offering.
The guaranteed rate of each Counos Cash is equal to 20 CHF. This type of cryptocurrency was introduced as a payment tool backed by the Swiss franc and is intended to be used to settle invoices in this currency. Furthermore, this cryptocurrency is accepted in the Counos Payment Gateway and can be further used to settle invoices in other global currencies at the guaranteed rate of 20 CHF.