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?

 

[Levi_charlz]

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.

https://www.coindesk.com/bitcoin-ethereum-commerce-dollarization-or-speculation

 

[Levi_charlz]

FED Chair Powell’s message on Stablecoins

Stablecoin domain Hodlers, get ready for lift off!

 

[Levi_charlz]

The Fed Chair-Jerome Powell Says Global Stablecoins "Systemically Important Overnight"

#GlobalStablecoins

 

[Levi_charlz]

Basel's crypto capital plan could boost banks' interest in stablecoins

https://www.americanbanker.com/news...lan-could-boost-banks-interest-in-stablecoins

 

[Levi_charlz]

https://www.centre.io/blog/usdc-crosses-25-billion-market-cap

 

[Levi_charlz]

Big news about GSCS about to drop!

 

[Levi_charlz]

BIS steps up encouragement for CBDCs, says they can coexist with private stablecoins

The Block as to whether governments issuing CBDCs would put up with the private competition, Cœuré said, “What you call competition, I would call it choice for the customer. If you go out after this press conference and buy a beer, you would be choosing between cash, a card, or your mobile phone. That’s exactly the kind of choice that we want to preserve when talking about CBDC — provided that the stablecoin is properly regulated as a means of payment, of course.”


https://www.theblockcrypto.com/post...ays-they-can-coexist-with-private-stablecoins

#Stablecoins #CBDC

 

[NameFu]

I had about 15 CBDC domains but I dropped most of them because they were not high quality. Keeping these 4 for the long run though:

CBDC + Consulting dot com
CBDC + Gobal dot com
CBDC + Labs dot com
CBDC dot Finance

Also a 5th one which I'll reveal when/if it sells.

 

[Levi_charlz]

Few understand that Stablecoins are about to go mainstream. They are now getting regular exposure on mainstream media outlets. This is just the beginning. Once regulation hits before the end of 2022 there’s going to be a Tsunami of interest in Stable/Stablecoin domains from institutional investors.

Live on Bloomberg: Benefits of Regulating Stablecoin

Stablecoins Need to Build Trust for Mainstream Adoption: Paxos CEO Cascarilla

https://www.bloomberg.com/news/vide...ainstream-adoption-paxos-ceo-cascarilla-video

 

[Levi_charlz]

The USDC market cap is now over $25 billion, with an average growth rate of more than $200 million per day over the past six weeks.

 

[Levi_charlz]

From the NY Fed Research blog today -

Central Banks can and will get behind private digital currencies

https://libertystreeteconomics.newyorkfed.org/2021/06/central-banks-and-digital-currencies.html

 

[Levi_charlz]

Fortune.com now getting in on the Stablecoin action.

Will the Fed embrace a de facto digital dollar?

Fidelity-backed Circle aims to win converts to its dollar-backed USD Coin, including the Fed.

https://fortune.com/2021/06/24/crypto-stablecoin-us-fed-digital-dollar-circle/

 

[Levi_charlz]

Basel Committee outlines tough stance on cryptocurrencies

Global regulator proposes high risk-weight for bitcoin and ethereum, in contrast to reserve-backed #cryptoassets such as #stablecoins.

https://www.thebanker.com/Transacti...tee-outlines-tough-stance-on-cryptocurrencies

 

[DomainWolf]

From WSJ

Some Federal Reserve officials are slowly starting to sketch out how a prospective Fedcoin might work as the central bank cautiously moves forward with its digital dollar project.

Fed policy makers have said a digital dollar could make it faster and cheaper to move money around the financial system, bring people who lack bank accounts into the financial system, provide an efficient way for the government to distribute financial aid, and even let merchants avoid fees to credit card processors.

But...

https://www.wsj.com/articles/fed-of...to-explain-how-fedcoin-might-work-11624641404

Fedcoin // app

 

[Levi_charlz]

From WSJ

Some Federal Reserve officials are slowly starting to sketch out how a prospective Fedcoin might work as the central bank cautiously moves forward with its digital dollar project.

Fed policy makers have said a digital dollar could make it faster and cheaper to move money around the financial system, bring people who lack bank accounts into the financial system, provide an efficient way for the government to distribute financial aid, and even let merchants avoid fees to credit card processors.

But...

https://www.wsj.com/articles/fed-of...to-explain-how-fedcoin-might-work-11624641404

Fedcoin // app

Fedcoin sounds like a dystopian nightmare.

 

[DomainWolf]

Fedcoin sounds like a dystopian nightmare.

True. But that has never stopped governments in the past.

 

[Levi_charlz]

Judging by the lack of support on this forum for Stablecoins I presume the same for the U.S in general. It doesn’t look good tbh. Not exactly the vibrant free market upon which America was built.

A Central Bank Digital Currency Would Be Bad for the US

‘The fastest way to disrupt the very financial system that has made the U.S. the economic and political envy of the world would be to succumb to the pressures of launching a centralized digital currency. While the U.S. banking and financial system can improve how it deals with rampant cyberthreats and an impossible digital transformation agenda that favors the largest banks in the country, CBDCs would disrupt the two-tiered banking system, while providing uncertain outcomes for consumers and markets.

The two-tiered banking system is the structure that enables household-name banks to interface directly with a country’s central bank, enhancing consumer protection and regulations, while at the same time enabling central banks to convey monetary policy.’

https://www.coindesk.com/a-central-bank-digital-currency-would-be-bad-for-the-us

 

[Levi_charlz]

Then again, USDC’s growth of $200 Million per day over the last 6 weeks is a pretty good indicator of where US Dollar Stablecoins are heading.

 

[M.Rovert]

I would think that stablecoins are at this moment of interest for the USA.
The amount of stablecoins pegged to the Dollar as Tether, USD Coin, Paxos, DAI, Binance all with huge market caps, benifits the dollar use (also as a saving currency in plenty of countries were there coin is worth close to nothing)
China is taking big moves to protect its coin, and keep on developing its digital Yuan and USA does not seem to decide to go all in.
Still holding on to Stablecoins(.)ai and its translation in spanish dot com.

 

[Levi_charlz]

I would think that stablecoins are at this moment of interest for the USA.
The amount of stablecoins pegged to the Dollar as Tether, USD Coin, Paxos, DAI, Binance all with huge market caps, benifits the dollar use (also as a saving currency in plenty of countries were there coin is worth close to nothing)
China is taking big moves to protect its coin, and keep on developing its digital Yuan and USA does not seem to decide to go all in.
Still holding on to Stablecoins(.)ai and its translation in spanish dot com.

Many people only talk about El Salvador while de-dollarization is happening globally.

The global share of US-dollar-denominated exchange reserves dropped to 59.0% in 4th quarter.

This is a 25 year low.

The US needs Global Stablecoins like Facebook’s Diem sooner rather than later.