Standard Protocol Partners Showcase — PIST TRUST
We are excited to announce our new strategic partnership with PIST TRUST, a one-stop platform that relies on blockchain digital token technology to complete digitalized assets securitization, trust digitalization and liquidation, asset management through value measuring stablecoin ‘P PASS’ and digital asset ‘PIST’ coin.
Standard Protocol x PIST TRUST
With Standard Protocol’s stablecoin interoperability, and PIST TRUST as a one-stop platform on digital assets management connecting their strong ecosystem of retail and e-commerce partners ecosystem, together we will be the robust payment solution of Hybrid Finance (HyFi).
PIST Trust Wallet — “P PASS App”
PIST Trust Wallet, “P Pass” is a stablecoin that holds a value equal to Korean Won (KRW) by linking a traditional bank of Korea to the PIST Wallet. Within the PIST Wallet, users can use the DApp function for mutual conversion of “PIST” coin and “P Pass” stablecoin with KRW, and use “P Pass” in real payment for goods and services within PIST Trust payment partner and ecosystem. Read more on the functionality of the P PASS wallet.
Standard Protocol x PIST TRUST Collaboration Roadmap
PIST Trust will be issuing our governance token, STND, from the PIST Trust mainnet, and staking pool will be available in the PIST Wallet. Following the addition of STND token in PIST mainnet, we will also launch a liquidity pool of STND and PIST in the Standard DEX supported networks, from Ethereum to Shiden Network, and explore other upcoming chains including Polygon and Metis (Ethereum Layer 2). With Standard Protocol stablecoin, Meter (USM) launching on Dec, we will also explore USM integration in PIST Trust Wallet with “P PASS App” as a settlement currency.
We are very grateful to partner up with PIST TRUST to continue expand our stablecoin use cases in payment commerce with their strong ecosystem. Stay tuned with our updates!
About PIST TRUST
PIST Trust is a one-stop platform that relies on blockchain digital token technology to complete digitalized assets securitization, trust digitalization and liquidation, asset management through value measuring stablecoin ‘P PASS’ and digital asset ‘PIST’ coin.
To learn more about PIST TRUST, join our community channels.
About Standard Protocol
Standard Protocol is the first Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets that will operate across multichain ecosystems, with our in-built DEX as a market maker to ensure capital-efficient liquidation process and stability of our stablecoin MeterUSD ($USM). It is also a recipient of the Shiden Network Builders Program Grant, Polygon #DefiForAll Fund and Polkadot Web3 Foundation Grant. Standard Protocol strives to innovate as the next-generation digital asset and prides itself on its global community growth approach