At Mete®, we standardize internationally recognized financial assets in the Mete Security House® and convert them into a single digital currency — Mete® Coin.
Mete® is a Digital Bond Coupon (DBC), with each unit valued at 1 USD, representing fractional ownership of a large pool of verified assets, bonds and promissory notes.
How it works
For governments
- Governments provide internationally valid treasury bills, government bonds and promissory notes.
- These assets are stored and standardized within the Mete Security House®.
- After verification, Mete® is issued and its ownership transferred to the Autonomous Mete Control Panel®.
The Mete Control Panel® is exclusively for governments, to monitor distribution and usage by citizens and companies. Governments can refund credit payments or trade Mete® via the Mete Exchange Platform, but cannot interfere with the free use of Mete® or Mete Wallet® accounts.
For companies and individuals
Companies submit corporate bonds or promissory notes; individuals submit internationally recognised promissory notes. Once secured and standardized, the corresponding value in Mete® is issued to the Mete Wallet®.
What is Mete®?
- 1 Mete DBC® = 1 Mete® = 1 USD
- Interest: absolutely none
- Conversion rate: all national currency rates fixed to USD as of December 29, 2020
- Decimal precision: 0.00
Converting assets into Mete® Coin
- Asset standardization — physical, digital and financial assets are standardized to meet international recognition criteria.
- Currency conversion — standardized assets are converted into Mete® Coin for secure, decentralized transactions.
Mete® Coin has been used in significant international transactions, including the delivery of 5 billion Mete® Coins to the governments of Kazakhstan, Tanzania and Cambodia.