Trelis currently supports the generation of payment links for the following tokens:
- USD Coin (USDC) - a fiat-backed stablecoin that aims to track the US dollar.
- Ether (ETH).
All supported tokens come with inherent risks, not limited to those described below.
USDC is a token issued by Circle Internet Financial Limited ("Circle").
As per the Circle website as of July 13th 2022:
"Known as a fully-reserved stablecoin, every digital dollar of USDC on the internet is 100% backed by cash and short-dated U.S. treasuries, so that it’s always redeemable 1:1 for U.S. dollars."
Substantial risks associated with USDC include, but are not limited to:
- 3.Regulatory Risk. The regulatory environment around stablecoins is volatile and may pose risks to the operation of Circle and/or the legality of USDC in certain jurisdictions.
Ether (Eth) is a token whose price is volatile when measured in US dollars.
Ether (Eth) is used to pay for gas on Ethereum. It is also issued as a reward to those who stake Ether to secure the Ethereum network.