Asset Backed Stable Coins; Enreach Product

nUSD, nEUR and nGBP

Members of the CommSettle eco-system are collecting voice traffic from Tier1 Carriers and Mobile Operators from countries including Chile, Gabon, Niger, Comores, Qatar, Saudi Arabia, Tunisia, Morocco and Yemen.

Complications arise with some of these operators being in jurisdictions where the developed worlds KYC/AML policies restrict the operators ability to trade independently without control of their parent company or regulations and/or sanctions restricting trading and financial activity with companies in the developed world (Europe/USA). Opt1mize may also be limited/restricted from delivering FIAT bank accounts to Carriers in specific jurisdictions.

Enreach stable coin infrastructure is seen as a method of exchange to facilitate in the settlement of traffic traded between CommSettle users, where one or more users in the supply chain have limited/restricted use of the CommSettle platform.

Enreach will create ERC-20 stable coins representing USD, EUR and GBP currencies pegged to assets held in the total reserve;

nEUR is 1:1 backed stable coin with EUR asset reserves

nGBP is 1:1 backed stable coin with GBP asset reserves

nUSD is 1:1 backed stable coin with USD asset reserves

Asset reserves that are acceptable as liquidity backing the stable coins are:

• FIAT (USD/EUR/GBP) held in Enreach Treasury Accounts on Opt1mize Banking Infrastructure
• Receivables of Tier1 Telecom Companies (Tier1s) and/or Mobile Network Operators (MNOs) acquired from Opt1mize CommSettle Platform
• Cross Chain CryptoCurrency tokens held in Enreach vaults with integrations in phases