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Custodiy is an advanced platform that facilitates the creation of Smart Contracts, designed to integrate seamlessly with multiple blockchain networks including the Ethereum network and Binance Smart Chain. This multi-chain capability enables users to tap into the burgeoning world of decentralized finance while ensuring that their contract value remains stable throughout its lifecycle.
At the heart of Custodiy’s functionality is its reliance on stablecoins such as USDT, USDC, PAX, and BUSD. These digital currencies are recognised for their steady value, serving as a safeguard against the inherent volatility associated with many cryptocurrencies. By utilising stablecoins in contract management, Custodiy allows users to open contracts with a reassuring level of financial security.
Additionally, the platform features a user-friendly WebApp that simplifies the processes of contract creation and document archiving. Every service on Custodiy is powered by its native token, $CTY, which acts as the primary medium of exchange within the ecosystem.