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Stable Coins
12 Months Ended
Dec. 31, 2022
Stable Coins Disclosure [Abstract]  
STABLE COINS
5.STABLE COINS

 

Stable coins were comprised of the following:

 

   December 31,   December 31, 
   2022   2021 
         
USDC  $2,972,000   $
              -
 
USDT   90,100    
-
 
   $3,062,100   $
-
 

 

The following table presents additional information about USDC for the year ended December 31, 2022: 

 

   December 31, 
   2022 
Opening balance  $
-
 
Exchange from BNB and USDT   446,600 
Collection of USDC from subscription fee from investors   3,093,000 
Payment of service fees   (567,600)
   $2,972,000 

 

The following table presents additional information about USDT for the year ended December 31, 2022: 

 

   December 31, 
   2022 
Opening balance  $
-
 
Exchange from BNB   10,200 
Exchange into ETH   (350,200)
Exchange into USDC   (149,000)
Collection of USDC from subscription fee from investors   700,000 
Payment of service fees   (120,900)
   $90,100