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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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Bitcoin payroll provider Bitwage has begun offering employees a way of receiving wages paid in cryptocurrency, but without the volatility

Announced Wednesday, company clients can now sign up to the Bitwage platform in order to pay their workers using the USD Coin (USDC) stablecoin, which is linked to the price of the U.S. dollar. Salaried workers or freelancers can also sign up to receive wages from employers in the coin.

https://www.coindesk.com/bitcoin-payroll-bitwage-receive-wages-usdc-stablecoin-crypto



 
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Bitcoin payroll provider Bitwage has begun offering employees a way of receiving wages paid in cryptocurrency, but without the volatility

Announced Wednesday, company clients can now sign up to the Bitwage platform in order to pay their workers using the USD Coin (USDC) stablecoin, which is linked to the price of the U.S. dollar. Salaried workers or freelancers can also sign up to receive wages from employers in the coin.

https://www.coindesk.com/bitcoin-payroll-bitwage-receive-wages-usdc-stablecoin-crypto



A killer use case for stablecoins and digital dollars.

Stablewage (com)
 
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Another super heavyweight joins the fold!

The Libra Association appoints Sterling Daines as Chief Compliance Officer


The Libra Association, an independent member organization, today announced the appointment of Sterling Daines as its Chief Compliance Officer. Mr. Daines has been a leader in the financial crime compliance industry, primarily focused on anti-money laundering, sanctions, anti-bribery, fraud and anti-corruption measures in both the public and private sectors. Mr. Daines is currently a Managing Director and Global Head of Financial Crime Compliance at Credit Suisse, a global wealth manager, investment bank and financial services company founded and based in Switzerland. He will step down from his role at Credit Suisse and join the Libra Association later this year.

https://libra.org/en-US/updates/CCO-announcement/

 
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The total supply of stablecoins has grown 94% since early February

https://www.theblockcrypto.com/amp/linked/68181/total-stablecoin-supply-feb-may


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China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls

A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out of control by using these dollar-pegged blockchain tokens.

https://idelto.com/2020/06/chinas-g...and-mainland-residents-flee-capital-controls/
 
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One of the most exciting dimensions of the rise of global stablecoins is the opportunity that is being created for unbanked populations around the world. Today more than 1.7 billion adults don't have access to bank accounts. At the same time, 2/3 of these individuals have mobile devices. At this intersection, a new generation of financial services are coming on to the scene, built on public blockchains and stablecoins, with the hope of ushering in a more open, accessible and equitable economic system for all.

https://www.circle.com/blog/icymi-check-out-episode-7
 
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Revamping E-Commerce During the Rise of Stablecoins

https://cointelegraph.com/news/revamping-e-commerce-during-the-rise-of-stablecoins‬ https://cointelegraph.com/news/revamping-e-commerce-during-the-rise-of-stablecoins‬
 
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added:
Stablecointax.com :)
 
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StableCoinBox.com
StableCoinsBox.com
 
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COMP’s Sudden Growth Has Swamped a DEX Dealing Only in Stablecoins

One of the newer entrants to the decentralized finance (DeFi) space, Curve, is riding the wave of demand for the freshly issued Compound governance token, COMP, which has surged to a $774.3 million market cap since first being distributed on Monday.

https://www.coindesk.com/comp-demand-curve-stablecoin-dex-defi

 
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The value of assets for all Stablecoins has now surpassed $11.2B, having surged by over 10% in just one month and by 94% since February.

F3816F29-3C20-406F-BE0D-BF4937BCCEB5.jpeg
 
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Bye-bye SWIFT

More than $5 trillion go through Swift’s network every day. As you can expect, several projects and companies around the world are trying to unseat Swift. With cryptocurrencies and specifically stablecoins, Swift has faced some initial competition that will only get intense as they mature. A couple days ago a European bank, said buy-buy to Swift.

https://dailyfintech.com/2020/06/15/bye-bye-swift/
 
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👆Trillions!.....Daily!


It’s not a matter of ‘IF’ there will huge sales, it’s a matter of when.

Stable + Keyword
Stablecoin + Keyword
Keyword + Stablecoins

Huge opportunities out there!

I envisage we will witness several six figures sales and a couple of seven figure sales in this niche.

Happy hunting Stablecoiners!!!!! 😁
 
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