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Regulated digital money issued against funds you hand over and redeemable one for one. It is the legal category most payment app balances actually sit in.
Already the banking answer, and the closest existing thing to a fiat-backed stablecoin. What differs is who supervises the issuer and where the reserves sit.
Whether a product is open to you, usually decided by where you legally reside rather than where you happen to be standing.
Account opening criteria. Residency, age and a completed identity check.
In Kite: The Kite card is available to residents of Malaysia, the Philippines, Singapore, Thailand, Vietnam, Japan, South Korea, Taiwan and Australia, aged 18 and up, with KYC complete.
The blockchain most stablecoins and crypto applications were built on. It can run programs rather than only record payments, which is why nearly everything beyond simple transfers started here.
Shared infrastructure a whole industry builds on, closer to a payment network with a programming language attached than to any one company's system.
In Kite: One of the networks you can top up from, with either USDC or USDT.
A company that matches buyers and sellers and holds your funds while you trade. Convenient, and it means someone else is holding your money.
A broker with a client money account. Your positions are real, the custody is theirs.
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