Hotbit Listed Utopia USD Stablecoin

Written by: Coinpedia

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Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

    Jun 8, 2022


    Utopia USD Stablecoin (UUSD) is the native stablecoin of Utopia P2P Ecosystem. Now it is available for trading on Hotbit. 

    About Listing

    June 7, 2022, Hotbit added a UUSD/USDT pair. Now users of the platform can make untraceable, fast, and reasonably priced transactions.

    About UUSD

    Utopia USD is a completely anonymous stablecoin with 1:1 parity with the US Dollar. The currency doesn’t reveal any personal information to its blockchain and makes all transactions untraceable. 

    UUSD’s value is backed by DAI publicly verifiable by the cold wallet address and equals the total supply of UUSD. 

    Utopia USD provides a combination of features unique to the cryptocurrency market:

    • Anonymous transactions 
    • Instant transactions 
    • Fees are 30 times lower than Ethereum 
    • No network congestion through P2P infrastructure 
    • No KYC or transaction limits inside the ecosystem 
    • Price stability of USD 
    • Desktop GUI and console software, built-in API, and tools for merchants 

    About Utopia P2P

    Utopia P2P is a multi-faceted ecosystem that works as a mesh network. The project has no central servers. All users participate in data transmission with AES 256-bit and curve 25519 encryption. Consequently, no personal information can be revealed. The key functions of Utopia P2P include:

    Secure Messenger

    This is a completely anonymous alternative to usual messengers that has all typical features of its analogues. For instance, users may exchange text and voice messages, emojis, and files. The perk of Utopia is that all data of a user is stored only on their personal gadgets. Meanwhile, all the data is encrypted according to the AES 256 standard and can’t be stolen.

    Private Email

    Traditional email services are unable to protect users from spam, but this service guarantees completely spam-free experience: one can receive mails only from users added to the contact list.

    Untraceable Transactions

    Anonymous e-wallets and virtual crypto cards enable Utopia users to make transactions free from tracking and restrictions. No one will ever know how much money was sent to a particular user.

    Effortless Mining

    You don’t need any powerful video cards — an online bot let Utopia users earn Cryptons during web sessions without any extra efforts. Meanwhile, this type of mining doesn’t consume much electricity.

    Fit Name System

    The decentralized ledger provides Utopia users with complete privacy and frees them from censorship. Utopia doesn’t request cookies and doesn’t store users’ IP addresses.

    Anonymous Browser

    Idyll is Utopia’s built-in browser that has no ads and doesn’t save any personal data. Thus, browsing history and identities can’t be revealed.

    Official Utopia website:

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    Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

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