To ensure that the Toro serves the financial needs that addresses the communities that is the focus of this project, the Toro network supports the local fiat token in each of these communities, as well as to other currencies that are frequently used for transactions. There is also a focus on admission of nodes from within those communities to ensure members of the network can exchange in and out of the stablecoins to their local fiat equivalents
Each stablecoin is a digital token representative and equivalent of the fiat value of the local currency, in blockchain space. Each token is backed by the actual fiat currency in reserve in each jurisdiction, and its daily balances will be published on the Toro Foundation site.
Currently Supported StableCoins
Click each to view transactions on the Explorer in the selected stablecoin