All Nota will be issued on the XDC blockchain. Each Nota in circulation is backed 100% by fully reserved assets. So it is redeemable for the US dollar on a 1:1 basis. It can also be traded for equivalent value in other cryptocurrencies. Nota can be used just like Bitcoins and integrated with other wallets, merchants and exchanges. Users can transact in $US or fiat value.
Nota is promising to help merchants focus on business, not on payments. Crypto-fiat features can provide services like tipping and gift cards. Merchants can do with Nota as other cryptocurrencies. But with Nota, they can avoid Bitcoin to $US conversion fees. Nota aims to be a stable coin that users and merchants can send and receive easily digitally.