Public Mint Price (MINT)
Public Mint Chart
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MINT Price Live Data
The live Public Mint price today is $0.645113 USD with a 24-hour trading volume of $195,263 USD. Public Mint is down 8.75% in the last 24 hours. The current CoinMarketCap ranking is #1047, with a live market cap of $11,249,151 USD. It has a circulating supply of 17,437,500 MINT coins and a max. supply of 250,000,000 MINT coins.
What Is Public Mint (MINT)?
Public Mint’s primary goal is to bridge the gap between crypto and fiat currencies. It offers a fully collateralized, regulated and FDIC-insured platform for synthetic fiat currencies.
Public Mint also offers a fiat-native blockchain, APIs and an embeddable web widget. It allows developers to build fiat-enabled applications that accept credit cards, ACH, wire transfers and more. Public Mint launched in 2020.
Who Are the Founders of Public Mint?
The founder and CEO of Public Mint is Halsey Minor. Before Public Mint, Minor founded CNET and Uphold and co-founded Salesforce.
What Makes Public Mint Unique?
Public Mint allows users to transact with tokens pegged to fiat currencies. The platform offers a fiat-native blockchain where users can deposit fiat currencies to tokenize them for later use on the Public Mint network. It combines the price stability of fiat currencies and blockchain’s 24/7 accessibility, global reach and efficiency.
The Public Mint blockchain connects two distinct off-chain and on-chain domains. Users can operate each of the domains with different scopes, requirements and limitations.
At the network level, Public Mint combines a traditional client-server model with an Ethereum-compatible blockchain. The system connects with custodial partners and KYC providers to ensure compliance with beneficial regulations. The platform makes sure that the minting and burning of on-chain tokenized fiat assets corresponds to the respective changes in funds held in the custodial layer.
The Public Mint ecosystem consists of three layers. The multi-custodial layer is represented by Custodial Partners — licensed financial institutions that hold custody over fiat funds at a 1:1 ratio to the tokenized assets.
The blockchain layer, based on Hyperledger Besu, is an enterprise-grade Ethereum (ETH) client. However, the Public Mint platform is independent of Ethereum, as it controls its own transactional logic and the deployment and maintenance of blockchain infrastructure.
The Smart Services layer comprises the smart contracts that add functionality on top of the blockchain foundation. Public Mint handles state changes similarly to the Ethereum Virtual Machine (EVM). Smart contracts can be written in any Ethereum-compatible language.
Public Mint also has a liquidity rewards program, allowing liquidity providers to earn MINT tokens.
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How Many Public Mint (MINT) Coins Are There in Circulation?
Public Mint (MINT) has a circulating supply of 17,437,500 tokens and a maximum supply of 250,000,000 tokens as of March 2021.
How Is the Public Mint Network Secured?
Public Mint has its own blockchain that uses a proof-of-authority (PoA%20is%20an%20alternative%20consensus,with%20identity%20as%20a%20stake.)) consensus mechanism to enable fast and cheap transactions.
Where Can You Buy Public Mint (MINT)?
You can trade Public Mint (MINT) on the following exchanges:
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MINT Price Statistics
|Public Mint Price||$0.6451|
|24h Low / 24h High|
|Volume / Market Cap||0.01736|
|Fully Diluted Market Cap||$161,278,154.45|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighMar 19, 2021 (2 months ago)
All Time LowMay 12, 2021 (7 minutes ago)
|Public Mint ROI||No Data|
|Circulating Supply||17,437,500 MINT|
|Total Supply||No Data|
|Max Supply||250,000,000 MINT|