According to a report from the International Business Times on June 15, the iconic 1989 Ferrari 640 from a famous British former racing driver Mansell’s personal collection for Scuderia Ferrari in the 1989 F1 season has been sold for 3.6 million euros equivalent, using a stable coin listed on the Himalaya Exchange, the Himalaya dollars (HDO).
The transaction was conducted at RM Sotheby’s auction house through HDO. HDO has gained the whole trust of RM Sotheby’s, the president of RM Sotheby’s said in the after-sales statement. The executives and staff at the Himalaya Exchange acted with the utmost professionalism.
In addition, In March 2022, the 1989 McLaren F1 car collected by Brazilian racing driver Senna was also sold by HDO transfer. Thus, it became a symbolic transaction for Himalaya Exchange.
The person in charge of Himalaya Exchange said that despite the recent dip in the cryptocurrency market, HDO has always maintained stable with the US dollar 1:1 without fluctuation. Thus, this makes HDO the only one in the world to maintain completely stable during this period of uncertainty.