Validator Approved: Excellar Finance
- The following Validator Application for Excellar Finance has passed.Dr. Amanda L. Martin
814-359-6544Director of Program Management---------- Forwarded message ---------
From: <amartin@...>
Date: Thu, Jan 16, 2025 at 5:08 PM
Subject: New Form Submission: Excellar Finance
To: <tokenomics@...>Form Submission Details
Name of Applying Institution:
Excellar FinanceURL to website of Applying Institution:
https://www.excellar.finance/Short description of Applying Institution :
Excellar is a stablecoin provider looking to bring XUSD on Canton NetworkPlease explain why applicant wants to become a validator:
Excellar is committed to developing a compliant stablecoin, and this aligns with the needs of institutional participants in the Canton Network who are looking to use stablecoins. Excellar wishes to join the Canton Network because of its institutional focus, the opportunity to be an early participant in the growing network, and its emphasis on privacy. Additionally, Excellar has received approval from their regulator (Bermuda Monetary Authority) to bring XUSD to the Canton Network.