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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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picked up Stablecoin.Store

I think it could be good
 
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Stablecoins Could Challenge Banks and Drive Down Payment Costs: Federal Reserve Governor

“If one or more stablecoin arrangements can develop a significant user base, they could become a major challenger to banks for processing payments. Importantly, payments using such stablecoins might be ‘free’ in the sense that there would be no fee required to initiate or receive a payment. Accordingly, one can easily imagine that competition from stablecoins could pressure banks to reduce their markup for payment services.”


https://dailyhodl.com/2021/08/06/st...-down-payment-costs-federal-reserve-governor/
 
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“Senator Warner has revised his amendment yet again. He now excludes proof-of-work and proof-of-stake, but not any other consensus mechanism. I am speechless. Now they're picking 2 winners?”

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Stable coins’ rise has echoes of Bretton Woods

Fifty years ago, an embattled Richard Nixon dropped a monetary bombshell: the dollar would no longer be pegged to gold. The currency markets were thrown into chaos as the mechanism that underpinned fixed exchange rates was killed off overnight. The Bretton Woods era had ended and a new monetary order took shape.

Until now, it has lasted without serious challenges. For many currencies, floating rates remain the norm. Bar the euro, there have been no other major multilateral attempts to return to a system of fixed exchange rates.

But the introduction of so-called global stable coins by the private sector suggests there is still interest in returning to a Bretton Woods style monetary order.

https://www.ft.com/content/4bb77dd2-ad49-4f26-990a-cf6513b54057

 
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I’m not one for name dropping but some domains open doors.

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Any idea on valuation for "CryptoTips.com" ?
 
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I just added CBDC+Technologies. Some absurdly hopeful person has the singular up for $25,439,840.

Dream big guys, but try to keep your two feet on the ground.
 
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50 Years After Going Off Gold, the Dollar Must Go for Crypto

"I feel in my bones that trying to compete with China to build the best central bank digital currency is a mug’s game. The American way is to let innovation rip. Avichal Garg of Electric Capital is right in thinking that the best strategy to preserve the dominance of the dollar is precisely to encourage the international adoption of dollar-linked stablecoins, rather than to stamp them out."

https://www.bloomberg.com/opinion/a...nixon-the-gold-standard-and-a-bitcoin-bonanza
 
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Good stablecoins, a protocol for money, and digital wallets: the formula to fix our broken payment system

“I’ve repeatedly heard variations of the argument that the payments and financial services industry shouldn’t let Facebook be part of these innovations. I’ve heard multiple conversations about how this proposal would be so great if only Facebook wasn’t involved.

First, Facebook is already an actor in the payments industry, and has been for some time. We started Facebook Payments in 2009 and in the last four quarters we enabled more than $100 billion in payment volume. We have thriving person-to-person payments products at scale in the US and abroad, and we’re properly regulated to do a lot more. People and businesses in over 160 countries use our platform to make payments in 55 currencies. People can shop, make in-game purchases, donate, and purchase events across our family of apps.

Second, I’ve found this line of thinking profoundly un-American.” - David Marcus

https://medium.com/@davidmarcus/goo...ormula-to-fix-our-broken-payment-f11f59fc92d7
 
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A Facebook digital wallet is coming!

FB declined to comment on which Stablecoin(s) Novi might hold following reports that it has been exploring working with a stablecoin other than the long-awaited Diem coin.

Any such Novi/Stablecoin partnership will instantly propel the status to a ‘Global Stablecoin’.

We are currently exploring and actively seeking to launch an on-ramp/Global Stablecoin wallet that supports NFT’s.

We’re just looking for the right people to make it happen!

DM’s open.

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