Ghana Cedi GHSTGhana Cedi (GHST)

Solutions · Individuals

GHST for individuals

Explore ways a digital Ghana cedi denominated token could be used in everyday digital experiences.

Digital payments

Use GHST as a tokenized cedi unit where supported by participating applications and services.

Transfers

Move GHST on Ethereum between supported addresses without relying on a traditional bank transfer rail for the on-chain leg.

Online access

Interact with Ethereum applications that support the GHST token, subject to their own requirements.

Know what you hold

Check the public token contract and on-chain balance independently using blockchain tools.

A simple model

Start with the cedi. Use Ethereum for the digital layer.

Every GHST unit in circulation is backed by one unit of Ghana Cedi held in reserve. Unlike burn-and- mint stablecoin models, the reserve account functions as a permanent lockbox.

Minted GHST is never withdrawn from reserve for any purpose including to fund redemptions. Because GHST tokens are never burnt, total supply is monotonically non-decreasing and always equal to cumulative fiat deposited.