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MNEE Price
$0.99725
-0.46%
Market Cap
$10.72M
24H Volume
$84.76K
Circ Supply
10.75M

MNEE Market Stats

  • Price $0.99725
  • 1H Change -0.23%
  • 24H Change -0.46%
  • 7 Day Change +0.06%
Statility

MNEE Info

MNEE is a USD-backed stablecoin aimed at innovating the payments sector. Each MNEE token is fully collateralized by US Treasury bills, USD cash, and cash equivalents, ensuring security, stability, and compliance with global regulatory standards.

MNEE’s vision is to serve as a versatile cross-chain stablecoin. Currently operational on the ETH ERC-20 protocol, the MNEE team is working on launching it on the BSV blockchain, which will facilitate low transaction costs and rapid transaction speeds. MNEE is regulated by the Financial Services Regulatory Commission (FSRC) in Antigua and Barbuda, emphasizing compliance and rigorous risk management to provide efficient, low-cost payment solutions.

Founders of MNEE

MNEE was established by Ronnie Tarter in Antigua, where the company is based. Under his leadership, MNEE has become a reputable payments firm focused on blockchain innovation. Tarter has ensured that MNEE meets high regulatory standards, prioritizing transparency and rigor in its operations. He possesses a strong background in finance and law, having practiced at Fasken Martineau DuMoulin LLP, one of Canada’s largest corporate law firms. Tarter holds an MBA from the Schulich School of Business, a Juris Doctor from Osgoode Hall Law School, and a Bachelor of Arts in Media, Information, and Technoculture from the University of Western Ontario.

Unique Features of MNEE

MNEE will be the first USD-backed stablecoin on the BSV blockchain, which will allow for low transaction costs and high speeds. The stablecoin is designed to offer low-cost, instant payment solutions that are secure and accessible, making it suitable for a variety of financial transactions.

Circulation of MNEE Coins

The total supply of MNEE is not fixed but is determined by consumer demand for minting. As a USD-backed stablecoin, the issuance of tokens correlates directly with the underlying reserves of US Treasury bills, USD cash, and cash equivalents. MNEE maintains transparency by providing regular attestation reports detailing the total assets held in reserve, ensuring that each MNEE token is fully collateralized.

Purchasing MNEE

MNEE can be acquired and traded on platforms such as RockWallet, RockWallet PRO, and Ascendex. The MNEE team is also focused on listing the stablecoin on major centralized exchanges and additional wallets.

MNEE Technical Info

All images, branding and wording is copyright of MNEE. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.