At Rakkar, we are committed to offering our clients access to the most secure and scalable digital asset custody solutions. As part of our ongoing efforts to expand our offerings and enhance the flexibility of our platform, we are excited to announce the addition of our four new digital assets to our custody services. These new assets further strengthen our platform and provide our clients with more options for securing their digital investments.
CELO by Celo
CELO by Celo is a permissionless, carbon-negative blockchain that focuses on creating a more inclusive financial system. With its decentralized, proof-of-stake consensus mechanism, CELO supports a rich ecosystem of global partners and decentralized applications (dApps) and has a rich ecosystem supported by global partners.
USDTb by Ethena Labs
USDTb by Ethena Labs is a stablecoin pegged to the US dollar and shares characteristics with widely known fiat-backed stablecoins such as USDC and USDT. However, what sets USDTb apart is its exceptional scalability. By utilizing Blackrock’s BUIDL as the primary reserve asset, which makes up 90% of its overall reserves, USDtb can scale without practical constraints, offering unparalleled security and stability. The stablecoin is backed by cash and cash-equivalent reserves, ensuring a solid foundation for users looking to transfer assets freely and without restriction.
What This Means for Our Clients
The addition of these coins to our custodial services further expands Rakkar's suite of assets, enabling our clients to access a broad spectrum of innovative and scalable digital assets. Whether you are looking for stablecoin solutions, exploring the potential of blockchain for financial inclusion, or seeking high-speed proof-of-work and proof-of-stake solutions, Rakkar provides the security, reliability, and scalability required to succeed in today’s dynamic digital asset landscape.
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