DAN.com

Stablecoin Domains - Showcase and Discuss

Labeled as showcase in Niche Domain Discussion, started by Woke Monkey, Apr 24, 2020

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  1. Super-Annuation

    Super-Annuation OraclesNetwork HomesteadRelease Superannuation

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    StabledCoin.com

    Not sure if it's worthless but a i GRABBED IT
     
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  2. Domainsyrup

    Domainsyrup Top Contributor VIP

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    here's my lottery ticket
    Stablecointax.com
    Stablecoin.tax
    Stable.tax
     
  3. Super-Annuation

    Super-Annuation OraclesNetwork HomesteadRelease Superannuation

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    Maybe not, because stable coins are more of a derivatives game
     
  4. Domainsyrup

    Domainsyrup Top Contributor VIP

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    Stablecoin capital gains are still taxable.
    Check bitcoin.tax and crypto.tax is a working site. I think stablecoin.tax has a chance :) biased opinion. lol
     
    Last edited: Aug 7, 2020
  5. Super-Annuation

    Super-Annuation OraclesNetwork HomesteadRelease Superannuation

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    I’ll looking into it man
     
  6. Woke Monkey

    Woke Monkey Established Member

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  7. Woke Monkey

    Woke Monkey Established Member

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    The list of companies getting onboard is growing fast;

    Goldman Sachs
    PayPal
    Visa
    MasterCard
    Facebook
    Mitsubishi UFJ Financial Group
    Sberbank

    Legendary crypto trading OG Dan Matuszewski of CMS Holdings estimates that within 3 years Stablecoin Market Cap to be iro 50 BILLION
     
    Last edited: Aug 8, 2020
  8. Domainsyrup

    Domainsyrup Top Contributor VIP

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    Maybe by Feb.
     
  9. Woke Monkey

    Woke Monkey Established Member

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    If Libra launches as expected late 2020 early 2021 then 50 Billion will get smashed.
     
  10. Domainsyrup

    Domainsyrup Top Contributor VIP

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    Stablecoin market cap is around 14.3 Billion, last month was just 9B. Assuming, 5b added every month, by March, market cap should be around 50B, if you added libra..sky is the limit !
     
  11. Woke Monkey

    Woke Monkey Established Member

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  12. Woke Monkey

    Woke Monkey Established Member

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    ‪.
     
    Last edited: Aug 12, 2020
  13. Woke Monkey

    Woke Monkey Established Member

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    GFMA Response to FSB Consultation Paper on Global Stablecoins‬

    ‪GFMA submitted a response to the FSB consultation paper on “Addressing the regulatory, supervisory and oversight challenges raised by ‘global stablecoin’ arrangements.”

    https://www.gfma.org/correspondence/gfma-response-to-fsb-consultation-paper-on-global-stablecoins/‬

    The GFMA recently provided its response to the Financial Stability Board’s (“FSB”) consultation paper (“the Paper”) titled Addressing The Regulatory, Supervisory And Oversight Challenges Raised By “Global Stablecoin” Arrangements. The GFMA put forward certain recommendations to support the implementation of global stablecoin (“GSC”) arrangements provided for in the Paper. These recommendations include:

    • FSB should utilise a crypto-asset taxonomy that clearly establishes “stablecoin” as a subcategory of “value stable crypto-assets” to facilitate appropriate regulatory treatment.
    • Principle of ‘same activity, same risk, same regulation’ should be applied to the regulation of stablecoin for effective supervision and oversight, excluding digital money already regulated under existing rules or subject to Financial Market Infrastructure (“FMI”) regulation.
    • FSB should clarify to whom the Paper is directed (issuers, custodians etc?) and also consider other service providers which interact with stablecoin arrangements.
    • FSB should continue its global coordination with other regulators as international consistency is important, to provide clarity around jurisdictional oversight and to encourage the development of global standards and principles for interoperability.
    • Regulatory framework adopted by the FSB must be technology agnostic to remain agile and encourage innovation.
    • GFMA requested FSB to provide further details about what constitutes “global” or “systematic” importance and their associated regulatory requirements, and to distinguish between “stablecoin arrangements” and “systemically important stablecoin arrangements” focusing on the operator of the system rather than the stablecoin itself.
    The GFMA felt that the existing FSB definition of a stablecoin is too broad, and suggested a new definitions which excludes other digital forms of money already covered by existing regulations. It also acknowledged that stablecoin are not only asset-linked or algorithm-based, but can be hybrid. Thus, the FSB should consider how hybrid stablecoins should be regulated.

    Types of Crypto-Assets

    A. Cryptocurrencies

    B. Value-Stable Crypto-Assets

    1. Central Bank Digital Currencies (CBDC22) (e.g., e-Krona)
    2. Financial Market Infrastructure (FMI) Tokens (e.g., USC)
    3. Tokenized Commercial Bank Money23 (e.g., Signet)


    4. Stablecoins:

    a. Asset Linked Crypto-Asset

    • Fiat currency linked (e.g., Tether, Paxos, USDC, Gemini)

    • Other real asset linked (e.g., Sendgold, Xaurum )

    • Crypto-asset linked (e.g., Maker)

    b. Algorithmic Crypto-Asset

    Typically not linked to any underlying assets and each token can be pegged to a price level or a unit maintained through buying, selling or exchange24 among assets25 or some other pre-determined mechanism26

    C. Security Token

    • Token issued solely on DLT that satisfies the applicable regulatory definition of a security

    i. or financial instrument under local law (e.g., World Bank’s “Blockchain Bond”)

    • Token that represents on DLT underlying securities/financial instruments issued on a different platform (e.g., a traditional CSD, registrar, etc.), where such representation itself satisfies the definition of a security/financial instrument under local law

    D. Settlement Token

    E. Utility Token
     
    Last edited: Aug 12, 2020
  14. Woke Monkey

    Woke Monkey Established Member

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    GFMA Response to FSB Consultation Paper on Global Stablecoins

    https://www.gfma.org/correspondence/gfma-response-to-fsb-consultation-paper-on-global-stablecoins/
     
    Last edited: Aug 13, 2020
  15. Domainsyrup

    Domainsyrup Top Contributor VIP

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    Digital Dollar Stablecoins in the US Financial System
     
  16. Woke Monkey

    Woke Monkey Established Member

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    Tether has just surpassed a $12 billion market capitalization!

    Since March 2020, Tether’s market cap has increased 140% from $5 billion, maintaining it’s number one spot as the most liquid & trusted stablecoin!

    73288686-46FE-49C5-BDDC-58FFD9F2459D.jpeg
     
  17. Woke Monkey

    Woke Monkey Established Member

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  18. Woke Monkey

    Woke Monkey Established Member

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  19. Woke Monkey

    Woke Monkey Established Member

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    The GFMA (Global Financial Markets Association) has recommended to the FSB that all types of 'Stablecoins' and 'CBDC's' come under the classification of 'Value Stable Crypto Assets'.

    Central Bank Digital Currencies - CBDC's
    Financial Market Infrastructure Tokens - FMITokens
    Tokenized Commercial Bank Money
    Algorithmic Crypto-Asset
    Stablecoins
    Asset Linked Crypto Assets
    Fiat currency linked (e.g., Tether, Paxos, USDC, Gemini)
    Other real asset linked (e.g., Sendgold, Xaurum )
    Crypto-asset linked (e.g., Maker)

    Would the domaining community therefore say that 'ValueStableCryptoAssets.(*)' is a category killer and is more valuable than the singular 'stablecoins.(*)?

    It would be really useful if you could vote in the Namepros Poll Below

    Cheers,

    WM

    https://www.namepros.com/threads/stablecoins-vs-value-stable-crypto-assets.1203947/
     
  20. Woke Monkey

    Woke Monkey Established Member

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  21. Domainsyrup

    Domainsyrup Top Contributor VIP

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    Stablecoins by Market Capitalization
    $15,007,225,388
    Market Capitalization
    $34,083,271,526
    Trading Volume
     
  22. Woke Monkey

    Woke Monkey Established Member

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    Just acquired a very nice Stablecoin Domain for $xxx

    Gobsmacked it was so cheap.

    Will share the details when it completes.
     
  23. Woke Monkey

    Woke Monkey Established Member

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  24. Woke Monkey

    Woke Monkey Established Member

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  25. Woke Monkey

    Woke Monkey Established Member

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    Stablecoin Excitement Suggests a New Future for Digital Currencies – Without the Volatility

    Even before Mark Zuckerberg revealed Libra to the light of day, the tingle of excitement was already being felt. Admittedly Libra did not survive first contact with its illumination. It was already apparent before Facebook took an interest, that there would be more to the stablecoin world than Tether.

    A Jump Capital analyst writing at The Block said of stablecoins: “We believe U.S. dollar stablecoins, or crypto-dollars, may very well end up being the ‘killer app’ for crypto.”

    https://thefintechtimes.com/stable-coins/
     

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