Gold Reserve Wallet
USDR Token
What is USDR
Verified Gold-Backed
The USDR gold-backed Stablecoin is backed by verifiable gold in Chile. USDR will make available verifications & evidences as to the veracity of the gold.
Blockchain Rails
USDR operates on Blockchain rails, the same as existing major Stablecoins such as USDT ($113bn circulation) & USDC ($33bn circulation)
No Intermediary, Frictionless Payments
USDR will allow users to transfer and store value globally, away from traditional delays, obstacles & restrictions.
Target Market
USDR is ideal for users active in challenging jurisdictions & industries, for traditional value transmission.
Problem
Road Blocks
Businesses & individuals must have confidence that global monetary transmission occurs in a consistent & predictable manner. Traditional fiat banking rails do not provide this, particularly for those operating in challenging jurisdictions & industries.
Traceability
Stablecoins allow for immediate tracking of all transfers globally, something which is not immediately available in the case of traditional fiat banking transfers.
Challenging Jurisdictions & Industries
Through no fault of their own, businesses & individuals are consistently hamstrung by delays & failures of traditional fiat bank transfers. Existing Stablecoins are increasingly restricting certain jurisdictions & industries. USDR solves this.
Mass Adoption
USDR is to be initially launched within a specific industry, where there are known challenges for fiat banking & existing Stablecoin transfers.
Solution
Certified Asset
The USDR Gold Mine in Chile possesses a fully completed NI 43-101 report that certifies the existence of 7m ounces of Gold therein, equivalent to approx. $16bn. Part of this Gold will be utilized as collateral backing for USDR’s Gold Stablecoin.
Redemption Pool
Gold futures contracts will create a large redemption pool, enabling investors to actively redeem their Gold Stablecoins for fiat money, if they wish.
Fully Built Native Stable Coin
USDR has an existing ERC-20 token, USDR, token address: 0x57E05D7CCD536FF03978AcCDC31cDb6C13b5C471. This token has historically traded & represented value and is to be adapted, audited & re-released as the USDR Stablecoin.
Go To Market
USDR has agreements in principle with operators of certain ecosystems with $100bn market size & 150m users globally, to operate USDR within these ecosystems as a form of payment. These industries face challenges from existing traditional fiat banking rails.
Why Now
Hedge Against Inflation
Global markets are experiencing increased levels of inflation, due to precipitous monetary expansion conducted by central banks over the last 15 years, particularly post COVID. Gold is a scarce asset, hence retains value better than fiat currency which is created at will.
Fiat Currency Debasement
As global central banks systematically debase their fiat currencies under the guise of “quantitative easing” & “discount windows”, a return to a gold-backed currency (as the US Dollar was pre-1971) ensures value protection for investors & users against fiat current debasement.
Safe Haven Asset
As the world experiences ever increasing warfare, geopolitical & economic turmoil, having the ability to redeem a monetary instrument into physical gold is very powerful.
Increasing Fiat Banking Restrictions
Linked to increasing geopolitical turmoil, fiat banking restrictions are increasing globally. With business & individuals hit with sanctions & restrictions by banks & large Stablecoin operators through no fault of their own. USDR solves this.
Growth Strategy
Q3 2024
Presale launch.
Release of USDR launch ecosystems.
Minting & distribution of tokens.
Q1 2025
Integration with select centralized & decentralized exchanges.
Expansion of USDR launch ecosystems.
Q4 2025
Further USDR Stablecoin minting, with 5 further gold mines already in pipeline ($10bn asset value).
About Founders
Meet the Team
Gustavo Antonio Montero
Co Founder
Jeremy Harbour
Co Founder
Bilal Ahmed Mir
Co Founder
Jesús Ramírez Claverie
Co Founder
Ricardo Rioseco
Co Founder