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]

US Fed Official Calls Tether a ‘Challenge’ to Financial Stability

Eric Rosengren included the stablecoin among what he termed new disruptors to short-term credit markets.

“I do worry that the stablecoin market that is currently, pretty much unregulated as it grows and becomes a more important sector of our economy, that we need to take seriously what happens when people run from these type of instruments very quickly.”

https://www.coindesk.com/us-fed-official-calls-tether-a-challenge-to-financial-stability

 

[Levi_charlz]

Circle and Global Exchange Crypto.com Announce Partnership

Hong Kong-based Crypto.com will leverage Circle APIs to onramp fiat funds, giving their more than 10 million customers access to funds settled in USD Coin (USDC). Using international wire transfers, Crypto.com users can easily add value to their digital asset accounts to buy Bitcoin, Ethereum, and 100 other crypto assets.

In addition, Crypto.com’s global customer base will be able to use USDC for Decentralized Finance (DeFi) investments and to power collecting and trading non-fungible tokens (NFTs).

https://www.circle.com/blog/circle-and-global-exchange-crypto.com-announce-partnership

 

[Levi_charlz]

Boston’s Circle drives the next big thing in digital money — stablecoin

https://www.bostonglobe.com/2021/06/27/business/bostons-circle-drives-next-big-thing-digital-money-stablecoin

 

[Levi_charlz]

The Federal Reserves latest release

Parachute Pants and Central Bank Money

Vice Chair for Supervision Randal K. Quarles

“In my judgment, we do not need to fear stablecoins. The Federal Reserve has traditionally supported responsible private-sector innovation. Consistent with this tradition, I believe that we must take strong account of the potential benefits of stablecoins, including the possibility that a U.S. dollar stablecoin might support the role of the dollar in the global economy. For example, a global U.S. dollar stablecoin network could encourage use of the dollar by making cross-border payments faster and cheaper, and it potentially could be deployed much faster and with fewer downsides than a CBDC. And the concern that stablecoins represent the unprecedented creation of private money and thus challenge our monetary sovereignty is puzzling, given that our existing system involves—indeed depends on—private firms creating money every day.”

https://www.federalreserve.gov/newsevents/speech/quarles20210628a.htm

 

[Levi_charlz]

Mark Carney: stablecoins should have access to central bank balance sheet

In Carney’s view stablecoins should have the same protection accorded to commercial money, as the capability to be paid on demand in fiat currency, to be supported from the central bank during times of stress, and a depositor protection fund. However, to receive these protections, stablecoins should comply with strong requirements both on capital and liquidity.

About the role of Commercial Banks, Mark Carney stated:

“Banks are a means to an end, not ends in themselves. And will have to adapt to a much more competitive environment.” This is similar to recent comments by his former colleague Sir John Cunliffe, Deputy Governor of the Bank of England: “The Bank of England doesn’t have the responsibility or brief to preserve the current model of banking. We have a responsibility to preserve financial stability. And the current role of banks and financial stability is not the same thing.”

https://www.ledgerinsights.com/mark-carney-stablecoins-access-to-central-bank-balance-sheet/

 

[Levi_charlz]

The Federal Reserves latest release

Parachute Pants and Central Bank Money

Vice Chair for Supervision Randal K. Quarles

“In my judgment, we do not need to fear stablecoins. The Federal Reserve has traditionally supported responsible private-sector innovation. Consistent with this tradition, I believe that we must take strong account of the potential benefits of stablecoins, including the possibility that a U.S. dollar stablecoin might support the role of the dollar in the global economy. For example, a global U.S. dollar stablecoin network could encourage use of the dollar by making cross-border payments faster and cheaper, and it potentially could be deployed much faster and with fewer downsides than a CBDC. And the concern that stablecoins represent the unprecedented creation of private money and thus challenge our monetary sovereignty is puzzling, given that our existing system involves—indeed depends on—private firms creating money every day.”

https://www.federalreserve.gov/newsevents/speech/quarles20210628a.htm

This will be remembered as a landmark speech.

 

[Levi_charlz]

Is this the Global U.S Dollar Stablecoin network the Federal Reserve recently name dropped in their latest speech?

Announcing USDC on Ten New Blockchain Platforms

https://www-centre-io.cdn.ampproject.org/c/s/www.centre.io/blog/announcing-usdc-on-ten-new-blockchain-platforms

 

[Domainsyrup]

Just sharing...
Stablecoins, central banks and the new era of credit creation

 

[Levi_charlz]

The digital euro: Something Europe can’t afford to get wrong

Europe must recognize not only the importance of the digital euro for the future of the European economy but also the need for different types of a digital euro. Ideally, this should include not only a euro central bank digital currency (CBDC) but also separate, euro-referenced stablecoins and other modes.

https://cointelegraph.com/news/the-digital-euro-something-europe-can-t-afford-to-get-wrong

 

[Domainsyrup]

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.

CBDC dot finance is my fav.

 

[Domainsyrup]

The digital euro: Something Europe can’t afford to get wrong

Europe must recognize not only the importance of the digital euro for the future of the European economy but also the need for different types of a digital euro. Ideally, this should include not only a euro central bank digital currency (CBDC) but also separate, euro-referenced stablecoins and other modes.

https://cointelegraph.com/news/the-digital-euro-something-europe-can-t-afford-to-get-wrong

Just renewed: DigitalEU.org

CBDC.foundation
CBDC.community

 

[Levi_charlz]

Digital Assets Report: Stablecoins Most Frequently Traded, Bitcoin Serving as Long-Term Investment, Ethereum as DeFi Builder
https://www.crowdfundinsider.com/20...ong-term-investment-ethereum-as-defi-builder/
https://www.crowdfundinsider.com/20...ong-term-investment-ethereum-as-defi-builder/

 

[Levi_charlz]

 

[Levi_charlz]

“Some commercial organizations' so-called stablecoins, especially global stablecoins, may bring risks and challenges to the international monetary system, and payments and settlement system, etc.,"

China’s Fan Yifei, a deputy governor of the People's Bank of China

https://www.cnbc.com/2021/07/08/chi...te-worried-about-some-digital-currencies.html

#GlobalStablecoins

 

[Levi_charlz]

“Some commercial organizations' so-called stablecoins, especially global stablecoins, may bring risks and challenges to the international monetary system, and payments and settlement system, etc.,"

China’s Fan Yifei, a deputy governor of the People's Bank of China

https://www.cnbc.com/2021/07/08/chi...te-worried-about-some-digital-currencies.html

#GlobalStablecoins

In other words, China is about to ban Stablecoins which is effectively banning the US Dollar.

 

[Levi_charlz]

USDC stablecoin firm Circle to go public via SPAC at $4.5 bn valuation

The transaction values Circle at $4.5 billion and the company will have assets of more than $1.1 billion.

https://www.ledgerinsights.com/usdc...le-to-go-public-via-spac-at-4-5-bn-valuation/

 

[Domainsyrup]

It is nice too see a live site " Stablecointrust(.)com"

Added: Stablecoinyield.com

 

[Levi_charlz]

It is nice too see a live site " Stablecointrust(.)com"

Added: Stablecoinyield.com

USDC has grown by more than 3400% this year and supported more than $785 billion in on-chain transactions.

The tidal wave of interest in Stablecoin Domains is coming!

 

[Levi_charlz]

Diem - The next big thing in Digital Currency

#GlobalStablecoins

 

[Levi_charlz]

Global Payments Markets are currently valued at $35 Trilllion with M2 Money supply which includes cash, checking deposits, savings deposits and money market securities at $130 Trillion.

Last year USDC grew from $400 Million to $4 Billion and since 1st January it’s grown to $26 Billion.

And this is just one of the Stablecoins.

Do you see what’s happening here?