The International Stable Currency (ISC) is a unique type of stablecoin known as a flatcoin. This digital asset boasts consistent stability and gradual increase in value over time, with a primary aim of preserving the purchasing power of its owners. Key industry leaders, such as Brian Armstrong of Coinbase, advocate for such stablecoins, foretelling the potential of inflation-resistant money to bring the next billion users into the crypto world.
Uniqueness of ISC
Despite the existence of other flatcoins in the stablecoin industry such as Nuon and RAI, ISC sets itself apart with its unique underlying collateral. Different from its competitors, ISC is collateralized using Real World Assets (RWAs) including gold, bonds, t-bills, equity, and cash. This strategic approach provides ISC with deeper liquidity, a critical factor for its competitiveness in the industry.
Project's Journey
The development of ISC has not been an overnight task. It took a relentless team a span of one and a half years working closely with legal experts to define a solid legal structure for the project. This meticulous approach to its foundation underpins the seriousness and commitment of its development team towards a stable and reliable digital asset.
Future Plans
ISC is not sitting on its laurels. Looking ahead, the project has plans to bridge its token from Solana to ETH along with various layer 2s. This speaks to the project's commitment to growth and expansion in the ever-evolving crypto landscape.
ISC's Usability
ISC is not just a store of value, but also an effective tool for payments. In its effort to broaden its utility, ISC has been integrated with Candypay to facilitate payments for Solana Hacker Houses. This integration not only testifies to ISC's versatility but also adds to the robust use-cases for this unique flatcoin.
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