Onramp.money: Bridging the Gap to Web3 with $DEEN, the Functional Gold Stablecoin

Onramp.money
3 min readSep 23, 2024

Onramp.money, India’s leading fiat-to-crypto onramp solution, is thrilled to announce the listing of $DEEN, a revolutionary gold-backed stablecoin poised to transform the way we interact with gold in the digital age. This integration marks a significant step forward for both Onramp.money’s mission to simplify Web3 access for all Indians and $DEEN’s vision of making gold a functional and usable asset class.

What is Deenar Gold ($DEEN)?

$DEEN is not your typical gold holding. It’s a game-changer. Each $DEEN token represents 1 gram of physical gold securely stored in insured vaults. This inherent stability offers several key benefits:

  • Stable and Secure Value: Unlike volatile cryptocurrencies, $DEEN is pegged to the value of gold, providing a secure store of value
  • Real-World Applications: $DEEN goes beyond just being an investment. It opens doors to innovative real-world applications like international payments, loans, and more, leveraging the trusted value of gold in a digital format.
  • The Next Evolution of Gold: $DEEN doesn’t replace traditional gold, it complements it. It transforms gold from a passive asset to a functional and usable tool within the Web3 ecosystem.
  • Powered by #OnHaqq: Built on the #OnHaqq blockchain, $DEEN boasts super-fast transaction finality within 6 seconds, making it ideal for both retail and institutional use cases.

Why is this Listing Important for India?

India has a long and cherished relationship with gold. With the rising popularity of Web3 and real-world asset (RWA) tokenization, a significant shift is expected towards on-chain gold like $DEEN. This listing on Onramp.money empowers Indian users with a seamless way to invest in and utilize $DEEN, unlocking the potential of this innovative asset class.

About Onramp.money: Making Web3 Accessible for Everyone

Onramp.money was born out of a simple need — a user-friendly and efficient way to enter the exciting world of Web3. We understand the struggles associated with traditional onramps, and we’re here to bridge the gap.

Our mission is to break down barriers and revolutionize Web3 usability, not just its financial aspects. We believe that India, with its vast population, requires a focus on clear communication and user experience to drive mass Web3 adoption.We’re eliminating technical complexities and making Web3 accessible for everyone.

Onramp.money + $DEEN: A Powerful Partnership

This collaboration between Onramp.money and $DEEN represents a significant step forward for both parties. With Onramp.money’s user-friendly fiat-to-crypto gateway, Indian users can now effortlessly invest in $DEEN, unlocking the potential of this versatile gold-backed stablecoin. Together, we’re paving the way for a more inclusive and functional Web3 future, where the power of gold meets the innovation of the digital age.

Ready to invest in $DEEN?

Visit Onramp.money today and experience the power of a seamless fiat-to-crypto onramp solution. Join us as we break down barriers and make Web3 a reality for all!

Onwards & Upwards
Team Onramp.money

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Onramp.money

The easiest way to accept crypto payments for 🇮🇳. Visit us at https://onramp.money