Users of digital trading platform BitAsset in Asia will have the option to use Dash digital currency for near-instant transactions when trading crypto currencies or dealing with exchange-traded funds.
The partnership make various Dash currencies (USDT to mirror the value of the U.S. dollar, and TWD for the Taiwanese dollar or CNYT for Chinese yen) available for trade.
In the second quarter of 2019, Dash says it powered $3.3 billion and 15,600 transactions per day with its e-commerce digital currency. Dash is accepted at thousands of merchants and ATMs globally, and through more than 90 exchanges worldwide.
"The Asia cryptocurrency community continues to rapidly grow by the day, and by leveraging this partnership, Dash will continue to emerge as a key player in the market," Felix Mago, co-founder of Dash Next, said in a Thursday press release.
"This partnership is going to increase our resources in fiat for the Asia market, which is a key company goal heading into 2020," Mago added.
BitAsset users will see changes in the platform, starting Thursday, while the Hong Kong-based company plans other integrations in the coming months."
"This is big news for us and the industry as both companies continue our missions to make cryptocurrency more accessible for everyone across the world," Chase Gao, founder of BitAsset, said in the release.
BitAsset supports numerous crypto currencies, deposits, spot trading, futures and index exchange-traded funds.
