Introduction
Central Ura (URU) is a revolutionary complementary and reserve money introduced by Resource Mobilization Inc. (RMI) and managed through a structured network to ensure its stability and effective circulation. This innovative money was created to address the limitations of traditional fiat currencies and provide a stable, reliable alternative for economic transactions. Central Ura’s journey began with the conversion of existing receivables owned by RMI into money by Central Ura Organization LLC (CUO), the global supervisory authority of the Central Ura Monetary System. All available Central Ura is under the custody of Central Ura Reserve Limited (CUR), which acts as the primary custodian, ensuring the currency’s value and stability. The circulation of Central Ura to nations is managed by URA Central Corp, while its distribution to communities and businesses is facilitated by Neshuns Corporation Inc.
Creation of Central Ura
Central Ura was born out of the need for a stable, asset-backed money that could serve as an alternative to traditional fiat currencies, which are often vulnerable to inflation and economic instability. The term “Ura” comes from Universal Receivables Assignment, reflecting its foundation on tangible assets and receivables owned by RMI. Initially, portions of RMI Receivables were converted directly to Central Ura, but today, all those receivables are assigned to Central CM Series LLC to be converted first to Central Cru, which is a primary reserve asset for Central Ura. The substantial amount of receivables available has transformed Central Ura into a reliable and stable currency backed by real assets.
Structure and Circulation
Central Ura’s structured flow ensures stability and widespread adoption. Here’s an overview of the Central Ura circulation model:
- Conversion by Central Ura Organization LLC (CUO): As the global supervisory authority of the Central Ura Monetary System, CUO is responsible for overseeing the conversion of RMI’s receivables into Central Cru and Central Ura. This process transforms RMI’s assets into a stable, asset-backed money used for economic transactions.
- Custody by Central Ura Reserve Limited (CUR): All Central Ura is held under the custody of CUR, which acts as the primary custodian. CUR safeguards the currency’s value, ensuring it remains backed by tangible assets and provides a reliable store of value.
- Circulation to Nations by URA Central Corp: URA Central Corp distributes Central Ura to different nations, aligning with each country’s economic policies and supporting national economic growth and stability.
- Circulation to Communities and Businesses by Neshuns Corporation Inc.: At the community and business level, Neshuns Corporation Inc. plays a key role in circulating Central Ura, integrating it into local economies as a medium of exchange that promotes local economic activities.
Key Elements of Central Ura’s Structure
- Asset-Backed Nature: Every unit of Central Ura is backed by tangible assets, providing inherent stability and reducing the risk of inflation. This ensures that Central Ura maintains its value over time.
- Credit-to-Credit System: Unlike fiat currencies, which operate on a debt-to-credit basis, Central Ura functions on a credit-to-credit system. This ensures that no Central Ura is issued without corresponding real assets as backing.
- Controlled Supply: The issuance of Central Ura is tightly regulated to align with economic needs, preventing excessive issuance that could lead to inflation. This controlled supply guarantees a stable monetary base.
Issuance of Central Ura
Central Ura is issued in a way that is distinct from fiat or cryptocurrencies:
- Private Asset Apportionment: Each unit of Central Ura is derived from receivables owned by RMI, which are first converted into Central Cru by Central CM Series LLC. This process ensures that every unit of Central Ura is backed by Central Cru, making it a share of a private asset. This approach guarantees stability and value.
- Non-Traditional Issuance: Unlike fiat currencies, which can be printed at will, or cryptocurrencies, which are digitally created, Central Ura is issued based on real, existing assets. This controlled process prevents inflation and ensures long-term reliability.
- Credit-to-Credit Nature: The issuance of Central Ura is tied to credit established through tangible assets, ensuring that no Central Ura is issued without being fully backed by Central Cru and other primary reserves. This process maintains its value and stability.
Central Ura as a Reserve Currency
- Economic Stability: As a reserve money, Central Ura stabilizes national economies by providing governments and central banks with a reliable store of value, reducing reliance on fiat currencies and their vulnerabilities, such as inflation and exchange rate volatility.
- Inflation Control: Operating on a credit-to-credit basis, Central Ura is directly tied to real assets, limiting its issuance and controlling inflation. This helps governments maintain stable prices and preserve purchasing power.
- Enhanced Monetary Policy: The stability of Central Ura allows governments to implement more effective monetary policies, managing interest rates and money supply more predictably.
Central Ura as a Complementary Currency
- Community Economic Development: Central Ura supports local businesses by providing an additional medium of exchange. Its circulation alongside fiat currencies bolsters community resilience and reduces dependence on national currencies.
- Financial Inclusion: By providing accessible financial services in digital form, Central Ura can reach underserved populations in remote areas, integrating them into the financial system and enabling them to save, invest, and participate in local economies.
- Sustainable Development: Communities can use Central Ura to finance sustainable projects such as renewable energy and green infrastructure. Its stability makes it an ideal currency for long-term investment.
Central Ura as a Functional Currency
- Business Transactions: Central Ura provides businesses with a stable medium of exchange, reducing currency risks and improving financial planning.
- Investment Opportunities: Individuals and businesses can invest in Central Ura as a secure store of value, protecting their investments from traditional fiat currency volatility.
- Market Expansion: The widespread use of Central Ura opens opportunities for businesses to expand locally and internationally by facilitating cross-border trade with reduced currency risks.
- Employee Payments: Central Ura can be used for employee wages, offering workers a stable, reliable currency that preserves their purchasing power.
Conclusion
Central Ura is a versatile and innovative money that benefits governments, businesses, and communities alike. Its asset-backed, credit-to-credit nature provides economic stability, supports community development, and promotes financial inclusion. Whether as reserve money, complementary money, or a functional medium of exchange, Central Ura offers a reliable and resilient alternative to traditional fiat currencies.
For more information on how Central Ura can benefit you and your community, reach out to us and explore the numerous opportunities it offers for economic growth and stability.