What Currency is DTC (dta Currency)?

DTC is a type of currency. In 2017, the Bitcoin futures exchange BitMEX announc

What Currency is DTC (dta Currency)?

DTC is a type of currency. In 2017, the Bitcoin futures exchange BitMEX announced the launch of a Bitcoin options trading platform based on Ethereum. According to its website, BitMex is one of the largest derivatives exchanges in the United States, with a market share of over $10 trillion. The Bitcoin spot market is mainly composed of retail and institutional investors, including Wall Street giants such as Goldman Sachs and JPMorgan.

So what currency is DTC? Digital Tokens (DTC) are a type of cryptocurrency or virtual asset. They are pegged to the US dollar and are backed by fiat currency, without physical support.

dta currency

According to official sources, dta currency is the native cryptographic asset of Dash Network (abbreviated as DASH). It will be issued and traded as a special type of token on the blockchain without a centralized entity. Its features include programmability, security, and highly decentralized consensus algorithm, as well as anonymity achieved through network verified nodes.

As explained, dTA aims to become part of the digital payment infrastructure. The system was developed by R.J. Barry Silbert, the founder and former CEO of Bitcoin Core and an early member of the EOS community, as the first project launched by the Bitcoin Foundation in 2016.

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