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What are digital dollars?
What are digital dollars?

Find out what digital dollars are and how they work

Jaime Ramirez avatar
Written by Jaime Ramirez
Updated over a week ago

Digital dollars are a type of virtual asset that keeps its price stable over time thanks to the fact that they are backed by reserves that guarantee its stability and security.

Digital dollar
The DolarApp treasury guarantees that for every digital dollar in circulation, there is a US dollar (USD) deposited in a bank account in the United States, or equivalent in Treasury Notes, guaranteeing the price and its security.

Why does DolarApp use digital dollar?
Digital dollars allow us to offer you a 100% global financial experience, with local payment rails across different markets and a market open 24/7, in a way that is fully legal with local regulations. In order to configure it, we bear in mind multiple factors such as liquidity, security and transparency.

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