Labeled as showcase in Niche Domain Discussion, started by Woke Monkey, Apr 24, 2020
Dirham (DAH) Project : A Different Regulated Take on Traditional Stablecoin Market
PayPal alums build a real-time rail for stablecoins
Two former PayPal developers are launching a network that allows the use of stablecoins for a near-instant connection between banks, merchants and payment companies.
Who will buy to our domain now ? lol !!!
What Are The New Domain Extensions?
.blockchain for blockchain evangelists. We’re proud to be working with Blockchain.com to bring .blockchain to the world. This extensions will be available in approximately 3 weeks
.bitcoin for bitcoin users everywhere. We’re proud to work with Gemini, the provider behind our custody service, to bring .bitcoin to the world
.coin - easy to remember blockchain domains combined with USDC are the future of p2p payments. We’re proud to be working with Circle to bring this to the world
.nft for artists, collectors and fans. We’re proud to be working with Opera Browser to bring .nft to the world
.wallet for the payment pioneers
.x the ultimate domain ending and username. Short. Premium. Exclusive.
.888 for those wishing themselves and others good fortune
.dao for those who believe in open governance & community
These are blockchain domain extensions right? I dint think they are nGTLDs. But even if they are, startups have been using them for ages now. Nothings changed really...
Enquiries are rolling in right now.
Europe is onboard with Stablecoins, Stablecoins ARE HOT!
What you see in the news doesn't quite show the complete picture of Blockchain disruption 🧐
Via - https://app.blockdata.tech/blog/general/regulation-stablecoins-and-cbdc-s-what-you-need-to-know
Hopefully, the content below helps provide context.
We are 100% passing the point of no return when it comes to the integration of blockchain into the global economy.
The payment rails that have brought humanity this far are no longer fit for purpose and are a hindrance to the future of society.
The transfer of money is key to any transaction of any good / service and it's clear a geo-political battle is emerging to create the networks that settle those transfers. They understand that disruption is here and inevitable.
This isn't just about physical borders/politics anymore but when I say geo, I also mean the 'metaverse' as a digital 'country' with equal capabilities to provide systems to economic participants.
Over the last few years we've been tracking this shift. We have tried to figure out how it will play out. Sorry to say we still don't have a solid answer but we are seeing some clear trends emerging:
1. Blockchain / Crypto / DLT technology is maturing at an increasing pace but companies are reluctant to give up control. Until they are forced to integrate (Visa / PayPal / Mastercard)
2. CBDC's are probably not going to be 'technically' better than existing blockchain-based payment solutions however they will provide more control to those in power. The question here is will they use that for good or for bad? (depends per country)
3. Whichever network or provider will become the standard will be a long-term winner but just as with any technology/company it should continue to innovate otherwise it too, will be replaced. It is going to be an uphill battle with many twists and turns (as we have already seen in crypto)
In the diagram below we try to show that there is currently alot of options, governments, networks, corporates all vying for a piece of this pie.
Do you know someone that is trying to get their head around Stablecoins / CBDCs? We built this for you & them
BoE Governor Advocates Stablecoins but Warns of Crime Risk
The Bank of England (BoE) Governor Andrew Bailey has elaborated on his views towards stablecoins and Central Bank Digital Currencies (CBDCs) at an annual City UK conference.
Crypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger
Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.
Their focus is on so-called stablecoins, a form of cryptocurrency that has a fixed price, typically one dollar, and is backed by real-money reserves.
Maps.me and Circle Partnership Brings Stablecoins to Millions of New Users
Maps.me will bring access to stablecoins to tens of millions of customers worldwide, offering instant payments to more than 35 countries
#Stablecoins #GlobalStablecoins #USDC
My Auntie just posted about Stablecoins on Facebook. 😂
Stablecoins have arrived.
Over the next 24 months, we will see Stablecoin startups and protocols enjoy unprecedented levels of funding.
It'll be interesting to see what innovation and growth look like under such capital-rich conditions.
Stablecoins and CBDCs: How governments are silently entering the crypto space
Mark Cuban calls for stablecoin regulation in wake of Iron Finance 'bank run'
After a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define “what a stablecoin is and what collateralization is acceptable.”
Analyzing Mark Cuban’s call for stablecoin regulation
Notably, the UK’s discussion of stablecoins only considers fully collateralized digital currencies which are redeemable.
The EU’s approach is far more nuanced and acknowledges three types of stablecoins. In the EU’s draft regulations for Markets in Crypto-Assets (MiCA), we didn’t find a restriction on what something could be called in marketing material, but rather different classifications for regulatory purposes.
But Cuban is correct. It’s the name in the marketing material that matters. And expecting a consumer to read the details is unrealistic.
EU’s three stablecoin types
MiCA’s three types of stablecoins include e-money tokens which are tied to a single currency and fully backed and redeemable. Additionally, there are ‘asset-referenced’ stablecoins that are linked to multiple currencies, commodities or other crypto-assets. This might include the original Libra concept and the DAI stablecoin. And finally, there are algorithmic stablecoins which “should not be considered as asset-referenced tokens, provided that they do not aim at stabilising their value by referencing one or several other assets.”
#Stablecoins #AssetReferencedTokens #StableTokens #eMoneyTokens
TrueUSD announced today its partnership with Signature Bank, a New York-based, full-service, commercial bank.
Personal interests aside. I can’t help but think that the US Dollar as the global reserve currency is in trouble for the same reasons that a forum with a predominantly US user base doesn’t support the Stablecoin niche that ultimately controls 95% of the Global Stablecoin supply with US dollars.
De-Dollarization: Russia Removing All US Dollar Assets From Its $600 Billion National Wealth Fund
It’s like a car crash happening in slow motion. And they’ve told you it’s going to happen.
Mark Carney calls for global monetary system to replace the dollar
If you don’t get it, it’s because you’re a Boomer. X
USDC.COM acquired by Coinbase.
USD-C.COM and USD-CX : My Stablecoin investment
Great for both parties. I hope the seller asked for 6 to 7 figures
Commerce, Dollarization or Speculation?
Michael Saylor and Elon Musk gave more momentum to the idea that bitcoin can be used in commerce: Musk signaled potential for Tesla’s return to accepting bitcoin payments, and Saylor called the Bitcoin network a rail system for the global dollar.
Michael Saylor went on CoinDesk TV this week and talked about that distinction, describing a world in which citizens of dollarized, bitcoin-adopting countries like El Salvador have digital wallets holding multiple cryptocurrencies: One currency is a stablecoin pegged to the dollar; the other is bitcoin, an investment.
That’s where Saylor departed the text. “It’ll move on Bitcoin rails,” he said, talking about that dollar stablecoin, leading to further dollarization across the world.
FED Chair Powell’s message on Stablecoins
Stablecoin domain Hodlers, get ready for lift off!
The Fed Chair-Jerome Powell Says Global Stablecoins "Systemically Important Overnight"
Basel's crypto capital plan could boost banks' interest in stablecoins
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