Koinpark, the best cryptocurrency exchange in india, has officially listed USDBIT, a stablecoin that stands out by being backed with Alexandrites — rare, certified gemstones. It’s a fresh take on stability in crypto, with full audits and long-term value integrity.

But what sets USDBIT apart from the typical digital dollars flooding the market? Let’s look into why this gemstone-backed stablecoin is turning heads.

What Is USDBIT?

USDBIT is a 1:1 USD-pegged stablecoin that stands out by being backed by Alexandrites, one of the rarest and most valuable gemstones in the world. Known for their stunning ability to change colors in different lighting, Alexandrites are not just beautiful — they’re incredibly scarce and valuable.

Unlike algorithmic or fiat-backed stablecoins, USDBIT uses tangible assets to ensure long-term stability. Each token is fully backed by audited Alexandrite reserves, with no additional minting or inflation, ever.

How Is USDBIT Secured?

Security and transparency are the core of USDBIT’s design. The Alexandrite reserves are:

Stored in high-security vaults

Certified by the Global Trust Depository (GTD)

Independently verified and fully auditable

This means every USDBIT token is not just a promise — it's backed by a real-world asset that has been verified and secured.

Why This Stablecoin Is Different

Here’s a quick snapshot of what makes USDBIT special:

Gem-backed stability: Rare Alexandrites support the value of each token.

No inflation: All tokens were released at launch — there’s no minting mechanism.

Absolute transparency: Backing is fully verifiable, creating true user trust.

Long-term value integrity: Designed to preserve market stability, not short-term redemption.

Where Can You Trade USDBIT?

You can now buy and sell USDBIT on Koinpark using both USDBIT to INR and USDBIT to USDT markets. Trading is secure, and beginner-friendly. The platform’s intuitive platform and lightning-fast matching engine makes the entire trading process super smooth. 

Why Koinpark Chose USDBIT

Koinpark is known for listing quality projects that deliver real value to users. With the USDBIT listing on Koinpark, the exchange reinforces its mission to offer trustworthy digital assets backed by more than just code.

“USDBIT is a prime example of blending real-world value with crypto innovation. Its launch adds a powerful, transparent option for traders seeking stability,” said the Koinpark team.

How to Get Started

Don't know where to buy USDBIT? Follow the below steps, 

Download the Koinpark app or head to koinpark.com

Fund your wallet with INR or USDT

Start trading USDBIT instantly

To buy USDBIT

Conclusion

As crypto evolves, so does the demand for assets that are secure, transparent, and backed by real-world value. USDBIT delivers on all fronts, and with its listing on Koinpark, it’s now more accessible than ever.