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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.
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Zytara and Prime Trust unveil stablecoin

“We’ve only begun to tap the surface of what stablecoins like ZUSD are capable of,” said Scott Purcell, CEO of Prime Trust. “Blockchain-based digital dollars, such as ZUSD, are programmable, enabling a number of features simply not possible with traditional alternatives. As leading provider of financial infrastructure for fintech companies, we’re looking forward to working with Zytara to bring ZUSD to market and drive innovation within the banking, gaming, and esports industries.”

https://www.finextra.com/pressarticle/85493/zytara-and-prim-trust-unveil-stablecoin
 
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Just a week ago I shared that $USDC had crossed 3 billion in circulation. It’s now well over 3.3 billion across chains, 10% week/week growth.

Are you not entertained!
 
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Latest news about to drop is the biggest yet.

And what more, the implications for Stablecoin related domain names is massive.

watch this space.
 
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Scratch that last one. I think I’ll keep this under my hat.
 
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My prediction... $30B market cap before the year end.
 
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Global Stablecoins Could Eventually Become Reserve Currencies: IMF Paper
 
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Stablecoins by Market Capitalization
$26,155,699,921
Market Capitalization
$43,691,752,298
Trading Volume
Up another 1B
$27,038,617,023
Market Capitalization
$55,531,784,115
Trading Volume
 
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Global Stablecoins Could Eventually Become Reserve Currencies: IMF Paper

could? lol

If 2020 was the year of the Stablecoin, 2021 will most definitely be the Year of Global Stablecoins!
 
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What Is Good Money?

The future for the landscape of stablecoins is an exciting one, and the race for “stable supremacy” has only just begun. The future seems to point towards a winner backed by a variety of on- and off-chain assets, and indeed may be the mechanism through which DeFi will “eat” traditional finance. There are now a number of projects in the space that are working individually or collectively towards this pure money goal, and there are too many to list them all - Konkrete, Realt.co, Maker, UMA and OpenDAO all seem to be integral layers of the 4D puzzle. Accordingly, there is a very high likelihood that the digital asset space “at large” will be graced with a superior stablecoin in 2021 as the market continues to bullishly expand and the need for something more whole becomes undeniable.

https://dailyhodl.com/2020/12/20/what-is-good-money/
 
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Reg

StebleCoin.com
StebleCoins.com

steblecoin.jpg
steblecoins.jpg
 
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Up another 1B
$27,038,617,023
Market Capitalization
$55,531,784,115
Trading Volume

After 5 days.Up another 1B and look at the daily trading volume.
$28,046,805,179
Market Capitalization
$71,569,569,737
Trading Volume
 
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More major US government action on Stablecoins, this time from the White House!

This paves the way for stablecoins to become a major part of the payments and settlement infrastructure of the financial system.

https://home.treasury.gov/news/press-releases/sm1223

Merry Christmas My Fellow Stablecoin Domainers!!
 
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The largest regulator of US national Banks seems to agree

Acting Comptroller of the Currency Praises President’s Working Group Statement on Cryptocurrency

Today’s statement by the President’s Working Group on stablecoins clarifies expectations for the retail payment application of stablecoins, helping to pave the way for greater innovation and more efficiencies that contribute to economic opportunity.

https://www.occ.treas.gov/news-issuances/news-releases/2020/nr-occ-2020-177.html

 
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