Helicon Labs aims to disrupt the current landscape by providing collective investment pools, via DAOs, that will back the issuance of a global hybrid-stable currency that can be used simultaneously for payments and savings yields. This creates an alternative to conventional payment rails via Pegasus Bank (PGS Bank), disrupting existing payment systems (VISA/Mastercard/AMEX) with a unique fiat-cryptocurrency hybridised payment system with international settlement capabilities. With the introduction of PEG and PEG-X cryptocurrencies, we can achieve the above. PEG will be our investment entry point and funding source, and on project maturity, serve as an exit for investors. PEG-X will serve as a hybrid-stable coin using multiple backing assets and revenue generating schemes to maintain its stability and growth to power global payments and currency exchange.