Inflation is a tax on savings, and most Americans are missing out. For example, a bank account that earns 4.5% interest still loses value if inflation is at 5%. Alternative options in traditional finance like Treasury Inflation Protected Securities (TIPS), are not that liquid, leaving families without inflation protection. The math just does not work for ordinary people. IRMA is a good solution. It is an inflation-resistant stablecoin that adjusts its mint price when inflation rises. Its mint price and redemption price are independent of each other and responsive to market conditions, providing stability in the face of inflation. We built IRMA for people who want to preserve value without accepting the volatility of Bitcoin or Ethereum. IRMA does not give you yield, but because it is liquid and universally convertible, we expect other builders to provide yield-bearing facilities for IRMA. The future of stablecoins is not about simply tokenizing the US dollar. Instead, it is about designing money that adapts to reality.
| Website | https://rockstable.io |
| Employees | 5 (2 on RocketReach) |
| Founded | 2018 |
| Address | 14506 NE 6th Pl # 1, Bellevue, Washington 98007, US |
| Industry | Financial Services |
| Keywords | Stablecoin, Cryptocurrency, Digital Currency, Blockchain Technology, Financial Technology, Decentralized Finance, Peer To Peer Payments, Financial Innovation, Digital Payments, Crypto Payments, Tokenized Assets, Virtual Currency, Alternative Currency, Electronic Money, Financial Services, Mobile Payments, Online Payments, Cashless Transactions |
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Carlos Tapang is the CEO of RockStable Token Inc.
2 people are employed at RockStable Token Inc.
RockStable Token Inc is based in Bellevue, Washington.