Store Currency

Selecting your store’s base currency is the first and most critical step in setting up your marketplace. This choice standardizes how your assets are valued and how your investors interact with the platform.

Currently, OpenRWA supports the following fiat-pegged denominations:

• USD ($): United States Dollar

• EUR (€): Euro

To configure your currency, navigate to Store Settings > Store Details > Store Currency.

Important:

You can update or change your store's currency as many times as you like until the first asset is tokenized. > Once an asset has been tokenized on the blockchain, the currency becomes locked to ensure data integrity across smart contracts, investor ledgers, and secondary market listings.

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How Currency Affects the Platform?

Once selected, the store currency acts as the "Source of Truth" for the following modules:

1. Asset Listing & Primary Sales

All investment opportunities will be listed in the chosen currency. For example, if you set your store to EUR, an asset with a total value of 1,000,000 will be displayed and sold as €1,000,000.

Does this affect the stablecoin used for payment? Yes. Typically, if your store currency is USD, payments are processed in USD-pegged stablecoins (like USDC or USDT). If set to EUR, the platform will look for EUR-pegged equivalents.

1. Secondary Market

All peer-to-peer trading between investors on the secondary market will be denominated in the store currency. Buy and Sell orders will be placed and settled in that specific unit.

1. Buybacks & Payouts

• Payouts: Dividend or rental income distributions will be calculated and displayed in the store currency.

• Buybacks: If the issuer decides to buy back tokens from investors, the offer price will be set in the store currency.

1. Referral Program & Analytics

The Referral rewards you configure will calculate cashback and discounts based on the store's currency. Your analytics dashboard will aggregate all "Total Volume" and "Cashback Distributed" metrics in this denomination.