Koinpark Lists USDBIT: The World’s First Alexandrite-Backed Stablecoin Now Available for Trading

Koinpark, the best cryptocurrency exchange in India, has officially listed USDBIT on its spot trading platform.

Trading is now live in both INR and USDT markets as of April 10, 2025, 11:30 AM (UTC).

What is USDBIT?

In a time when most digital currencies swing between highs and lows, USDBIT introduces a refreshing model of stability. It is a fully asset-backed digital currency pegged 1:1 with the US Dollar, secured by Alexandrites, one of the world’s rarest and most valuable gemstones. These gems, first discovered in 1830s Russia, are celebrated for their color-changing properties and are securely stored in high-security vaults.

USDBIT is certified by the Global Trust Depository (GTD), making all reserves independently verifiable and fully auditable, ensuring complete transparency.

What Makes USDBIT Different?

Unlike algorithmic or fiat-backed stablecoins, USDBIT is:

  • Backed by real, tangible assets – no minting, no inflation.
  • Audited and secured – reserves are stored safely and verified independently.
  • Trustworthy and transparent – every token equals 1 USD, always.
  • Immutable in supply – all tokens were released at launch, with no future minting.

Trade USDBIT on Koinpark

USDBIT listed on Koinpark is now available for trading in both INR and USDT markets.

The exchange, known for its strong focus on security, simplicity, and user education, makes it easier for both new and experienced traders to explore USDBIT in a trusted environment.

“Our goal has always been to bring meaningful assets to our users. USDBIT fits perfectly into this vision, with real value and transparent systems at its core,” said the Koinpark team.

Download the Koinpark app or visit our website to trade USDBIT in just a few clicks.


Bert Beffort

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