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Stable Pay – How It Works

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A reserve is created from a percentage of the staking rewards to calibrate Stable Pay transactions.

Users can choose to use a special transaction type called ‘Stable Pay’ to conduct a fiat stable transaction.


Upload an exchange rate to the blockchain using a decentralized oracle.

SDR Valuation

Fixed consensus rules algorithmically calibrate (increase or decrease) the count of Xank coins per Stable Pay transaction.

In response to the exchange rate to peg coin price to SDR.


Should fewer Xank coins be needed to fulfill a Stable Pay transaction

due to an increase in the Xank-SDR value, the excess amount of Xank coins will be deposited to the Xank Reserve for transaction calibration in stable fiat terms.

In a nutshell,

If the price decreases during Stable Pay transaction lifecycle, all the loss is refunded from the self-funding, self-governing Xank Reserve. If the price increases then the receiver receives fewer Xank coins, but their fiat equivalent is still equal to that sent by the sender, and the difference is paid into the Xank Reserve. We are using the SDR peg only during the buy, sell, and settlement period, which we call a “transaction lifecycle.”

Xank price will be free floating and determined by the market forces of supply and demand. Xank is the only stablecoin that retains investment potential that is decoupled from a fiat value.

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