showcase Stablecoin Domains - Showcase and Discuss

[Woke Monkey]

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?

 

[Woke Monkey]

@NameFu @xynames

I wish people would stop comparing stablecoins with Bitcoin. They each serve two equally important purposes (transacting & saving). They complete each other, they don’t compete with one another. (Quote, David Marcus)

 

[Woke Monkey]

US Treasury to consider stablecoins as security

https://www.fxstreet.com/cryptocurrencies/news/us-treasury-to-consider-stablecoins-as-security-202012301155

 

[Woke Monkey]

New US Legislation Would Be Massive Setback for Stablecoins if Passed, Says Dragonfly Capital Partner

https://dailyhodl.com/2020/12/29/ne...ins-if-passed-says-dragonfly-capital-partner/

 

[NameFu]

@NameFu @xynames

I wish people would stop comparing stablecoins with Bitcoin. They each serve two equally important purposes (transacting & saving). They complete each other, they don’t compete with one another. (Quote, David Marcus)

Why are you tagging me? I've been saying this whole time that comparing them is misguided. Of course they both play a role in DeFi. BTC is a commodity like gold that can be even used as collateral. We have wrapped WBTC now which is increasingly being used. There is in no way a "either or" comparison.

 

[Domainsyrup]

$29,058,106,098
Market Capitalization
$54,210,019,119
Trading Volume

 

[Woke Monkey]

Just been offered a tidy sum for my domain under a non disclosure agreement.

No counter offer.

It’s not for sale!

 

[Domainsyrup]

$29,058,106,098
Market Capitalization
$54,210,019,119
Trading Volume

$30,353,964,091
Market Capitalization
$51,016,167,076
Trading Volume

 

[Woke Monkey]

$30,353,964,091
Market Capitalization
$51,016,167,076
Trading Volume

Damn!

I called 30 Billion before the end of 2020.

what’s a few hours ey?

 

[Woke Monkey]

Who is afraid of global stablecoins?

 

[Woke Monkey]

I don’t know what happened overnight but I’ve had 5 companies contact me with an interest to buy my Domain.

 

[Woke Monkey]

Banks will get in on Stablecoins in a major way this year.

For Banks, Digital Dollars Demand Stablecoin Strategy

https://www.pymnts.com/digital-firs...ks-digital-dollars-demand-stablecoin-strategy

 

[S M Sumon]

Cashhunk.com

 

[Woke Monkey]

The announcement is coming!

 

[Domainsyrup]

So crazy ! look at the trading volume....
$30,514,112,624
Market Capitalization
$118,593,538,312
Trading Volume

 

[Woke Monkey]

So crazy, look at the trading volume....
$30,514,112,624
Market Capitalization
$118,593,538,312
Trading Volume

This is a drop in the ocean.

 

[Domainsyrup]

This is a drop in the ocean.

Agreed...

 

[Woke Monkey]

Breaking major news from US Treasury OCC, the largest US banking regulator (USOCC), with new guidance allowing US banks to use public blockchains and dollar stablecoins as a settlement infrastructure in the US financial system.

https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-2.html

 

[Woke Monkey]

This is a HUGE way to start 2021, the year that crypto and stablecoins go mass market!

 

[Woke Monkey]

The new interpretive letter establishes that banks can treat public chains as infrastructure similar to SWIFT, ACH and FedWire, and stablecoins like USDC as electronic stored value.

Decentralized, permissionless, open source and internet mediated software is literally becoming the foundation for not just the US financial system but for the global economy.

 

[Woke Monkey]

This is a huge win for crypto and stablecoins!