CCEDK USD adoption

[huafei]

we peg nbt as a “USD ” at crypto word with exchange of “BTC” ，after the fee of exchange ，NBT is “USD” different the usd at real word

[mhps]

If we are able to help exchanges narrow that risk profile by providing an easy exchange between fiat and crypto at a pegged price then we should advertise specifically that to exchanges to lobby them to add us.

That would be great. However exchange with USD and high volume are rare. From the result of the PEGs motion it wasn’t easy to sell nubits to PEGs.

[Nagalim]

Right, this is an area we are weak in. That’s why what we are doing at CCEDK is our best advertisement yet for why PEGs should deal with us. We just need a clever metric to tout such that we can prove we are affecting the local USD ecosystem at CCEDK.

[mhps]

We could also enable people to sell NBT themselvesin the internet and incentivise them like we incentivise LPs.