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In the middle of all this carnage there’s one industry that’s booming right now.

Stablecoins

Under the radar, stablecoins have experienced hypergrowth over the past few years. Coinbase reports that the total stablecoin market capitalisation has risen to an all-time-high of over $9 billion.

Ethereum-based stablecoins market capitalisation nearly doubled year-to-date to $6.25 Billion.

On top of this, one of the most hyped stablecoin projects, Libra just announced a United States Dollar backed Stablecoin and seems to be moving forward with its updated whitepaper v2. If Libra succeeds, stablecoins backed by several fiat currencies will be released to circulation with potentially immediate mass global adoption.

Has anyone secured any domains in this niche?
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Stablecoin Market Cap just breezed past $25 Billion
 
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Can’t believe what I’ve just been told!!!!

The news that’s about to drop is so big I’m struggling to get my head round it.

Will share as soon as I can confirm.
 
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9C8C0CD5-4092-44EE-8DE2-1669D38569A5.jpeg


Facebook-backed digital coin Libra renamed Diem


https://mobile.reuters.com/article/amp/idUSKBN28B574
 
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My dm is open, I am excited to know. :)

Visa Partners With Ethereum Digital Dollar Startup That Raised $271 Million

Credit card giant Visa today announced it is connecting its global payments network of 60 million merchants to the U.S. Dollar Coin (USDC)

Visa estimates that $120 trillion in payments annually are made using checks and instant wire transfers, costing as much as $50 each, regardless of the size of the transaction. Since USDC settles on the ethereum blockchain, transactions can close in a little as 20 seconds and importantly, can be done for nearly free.

https://www.forbes.com/sites/michaeldelcastillo/2020/12/02/visa-partners-with-ethereum-digital-dollar-startup-that-raised-271-million
 
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If you’d bought and held stable coins at any point you’d be guaranteed a loss against ongoing inflation since its price is at best stagnant. Stable coins is like money in the mattress - even money in the bank at least earns a tiny bit of interest - not enough to overcome inflation, but better than nothing.

On the other hand with Bitcoin currently at record levels you’d be hard pressed to find a losing Bitcoin hodler.
 
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If you’d bought and held stable coins at any point you’d be guaranteed a loss against ongoing inflation since its price is at best stagnant. Stable coins is like money in the mattress - even money in the bank at least earns a tiny bit of interest - not enough to overcome inflation, but better than nothing.

On the other hand with Bitcoin currently at record levels you’d be hard pressed to find a losing Bitcoin hodler.

Cool story bro, completely wrong, but you enjoy your Bitcoin (y)
 
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Stablecoins not only money in the mattress. It can also be use for settlements, transfer, payments, loans, atm,yield farming,swift replacement, hide your gains for your bitcoin & cryptos and many possibilites. Can be foreign currency & gold backed....stablecoin....
 
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If you don’t understand that an asset that, at best, doesn’t change value, is always losing value - then I can’t help you.

Picture an icy slope - you may not rest on your laurels - if you’re not moving up, you’re slipping back. That icy slope is inflation.

Then again, is it possible to teach a monkey tricks? Maybe, but no complicated ones.
 
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Yes, we all know, why it is called stablecoin :)
 
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Stablecoin Market Cap $26 Billion

+$1 Billion in 9 days :xf.grin:
 
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Visa and USDC’s collaboration, and the impact Visa’s 60 Million merchants will have is Massive.

Market cap of Stablecoins will be in the trillions overnight.

The demand for Stablecoin related domains will be off the scale.

just saying.
 
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