Dan.com

showcase Stablecoin Domains - Showcase and Discuss

NameSilo

Woke Monkey

Account Closed (Requested)
Impact
438
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?
 
Last edited:

Levi_charlz

Top Contributor
Impact
2,114
Tags
currencies Watch tag fiat Watch tag stablecoins Watch tag stabletokens Watch tag
U.S. Securities and Exchange Commission’s (SEC) Chair Gary Gensler today gave his keynote address before the European Parliament Committee on Economic and Monetary Affairs.


Highlights:

The speech covers Gensler’s views on cryptoassets and other key SEC’s initiatives.

The cryptoasset is now a $2.1 trillion asset class that is truly global. It has no borders or boundaries and It operates 24 hours a day, 7 days a week. This innovation has been and could continue to be a catalyst for change in the fields of finance and money.

Stablecoins:

*The second area to highlight is the centrality of #stablecoins — crypto tokens pegged to the value of #fiat #currencies — to this market.


*The existing stablecoin market is now worth $116 billion. These #Stabletokens are embedded in crypto trading and lending platforms. In July, nearly three-quarters of trading on all crypto trading platforms occurred between a stablecoin and some other token.

*Thus, the use of stablecoins on these platforms may facilitate those seeking to sidestep a host of public policy goals connected to our traditional banking and financialsystem: anti-money laundering (AML), sanctions, and more.

https://www.sec.gov/news/speech/gensler-remarks-european-parliament-090121
 

Levi_charlz

Top Contributor
Impact
2,114
5 Minute Finance: ROCK.JPEG, Institutions Gain BTC Exposure, Stablecoins Mature

‘stablecoins have become so useful that it remains an open question if it makes sense to create CBDC – Central Bank Digital Currency – in the United States. As noted by Treasury Secretary Janet Yellen, stablecoins already provide that role. One may then ask if most stablecoins are pegged to USD in a 1:1 ratio, what would make one better than the other? The answer is – the transparency of their reserves.’

https://hackernoon.com/5-minute-fin...gain-btc-exposure-stablecoins-mature-rl3c37z0
 

Levi_charlz

Top Contributor
Impact
2,114
BIS to explore global stablecoins for cross border payments. Impact on Diem launch?

Today the FSB announced that the Committee on Payments and Market Infrastructures (CPMI) should consider whether “well-designed global stabelecoin arrangements” could enhance cross border payments. The deadline is December 2022. It’s unclear whether this means that no global stablecoin should launch until then, such as Diem (formerly Libra).

https://www.ledgerinsights.com/bis-...-cross-border-payments-impact-on-diem-launch/
 

Levi_charlz

Top Contributor
Impact
2,114
So David Marcus just announced the launch of Novi in the US.

Probably nothing

0D4A1EEA-AB67-4B5A-BDE6-822BDD498116.jpeg
 

Levi_charlz

Top Contributor
Impact
2,114

Crypto Firm Circle Plans Expansion With Asia HQ, Venture Arm​

Circle aims “to be one of the first global stablecoins to be licensed in Singapore.”

On growth: “We’re on track to grow about 10x this year. Looking out in the coming two years, the technology of blockchains is going to make stablecoins useful at internet scale,”

https://www.bloomberg.com/news/arti...rcle-plans-expansion-with-asia-hq-venture-arm
 
Last edited:

Levi_charlz

Top Contributor
Impact
2,114
Massive News For Stablecoins!!!

Republican HFSC announces support for Stablecoins

The document demonstrates that they are of the opinion that the public sector should lead the way and is going out of its way to ensure that Stablecoins will become part of the payment mix. This is a significant moment for the likes of Circle's USDC and Meta’s Diem coin, who have been paving the way for Stablecoins.

https://www.globalstablecoins.co.uk...ce-committee-launch-the-first-cbdc-principles
 

Levi_charlz

Top Contributor
Impact
2,114
Last edited:

Levi_charlz

Top Contributor
Impact
2,114
Last edited:
Top