Introduction to MaiCoin's USDT Trading Launch
MaiCoin Group has made history by becoming Taiwan's first over-the-counter (OTC) trading platform to offer Tether (USDT-ERC20) transactions, commencing service on October 31, 2019. This strategic move taps into USDT's position as the world's most traded stablecoin, accounting for 96% of all stablecoin circulation according to CoinMarketCap data.
Why Stablecoins Matter
Key advantages of USDT:
- Price stability pegged 1:1 to USD
- Combines fiat currency reliability with cryptocurrency liquidity
- Serves as both trading instrument and value storage solution
👉 Discover how stablecoins revolutionize digital transactions
Executive Vision: Democratizing Digital Assets
MaiCoin CEO Alex Liu emphasized the company's mission: "Listing USDT allows Taiwanese users to easily access new asset classes through familiar interfaces." The platform maintains its 2014 founding principle of simplifying virtual currency purchases using TWD.
Strategic Roadmap
- Short-term focus: Enhance platform security and functionality
- Future plans: Expand physical purchase channels and list additional stablecoins
- Ultimate goal: Make cryptocurrencies part of everyday value exchange
Libra Project Integration & Blockchain Innovation
MaiCoin's sister company AMIS has developed groundbreaking blockchain solutions including:
- Cross-border digital value transfer systems
- Blockchain-powered interbank clearing services (approved by Taiwan FSC)
- LibraBridge prototype connecting Libra and Ethereum networks
Notable achievements:
- Selected as enterprise Ethereum Alliance founding member
- Contributed consensus algorithms to JPMorgan's Quorum platform
- Currently testing blockchain wallet transfers with major Taiwanese banks
MAX Exchange Milestones
- First exchange globally with bank trust protection
- Supports Omni Layer and ERC20 tokens simultaneously
- Ranked #15 globally by volume within 7 months of launch
Limited-Time Promotion (October 31 - December 31, 2019)
- Eligibility: First-time BTC/ETH/LTC/USDT traders exceeding NT$50,000
- Rewards: Wireless Bluetooth earphones (200 units available)
- How to participate: Complete transaction and submit event form
FAQ Section
Q: How does USDT maintain its peg to USD?
A: Tether Limited claims to hold equivalent USD reserves for all USDT in circulation.
Q: What makes MaiCoin different from other exchanges?
A: MaiCoin specializes in TWD-to-crypto conversions with robust regulatory compliance.
Q: How secure is MAX Exchange?
A: MAX pioneered bank trust custody for user funds, exceeding standard security measures.
Q: Can I use USDT for everyday purchases?
A: While primarily a trading instrument, MaiCoin plans to expand USDT's utility in physical commerce.
Q: What blockchain services does AMIS provide?
A: AMIS develops enterprise-grade blockchain solutions including interbank clearing systems.
Q: How does MaiCoin ensure regulatory compliance?
A: The group works closely with Taiwan FSC and holds Hong Kong SFC licenses for fund operations.
👉 Explore secure digital asset trading today