Stablecoin Transactions Surpass Visa—Experts Warn of ‘Redemption Pressure’

Stablecoin Transactions Surpass Visa—Experts Warn of 'Redemption Pressure'Experts say stablecoins are rapidly growing, with Bitwise reporting their 2024 transaction volume surpassed Visa’s. However, DWF Labs’ Andrei Grachev warns of systemic risks like redemption pressure and reserve management. Stablecoin Transaction Value Surpasses Visa Volumes Stablecoins are experiencing exponential growth, rapidly becoming one of the most significant financial innovations of the last two decades, […]

Commentaires

Enregistrer un commentaire

Posts les plus consultés de ce blog

Gensokishi Online Project Announces Decision to List MV Token on KuCoin and Campaign

Image
PRESS RELEASE. GensoKishi are excited to announce that $MV ( MV(Polygon)/ USDT trading pair) will list on KuCoin at 2022-04-20 18:00 (UTC), a leading cryptocurrency exchange in the world. GensoKishi are going to have various campaigns to celebrate the trading pair listing. Know more details. Please check the CAMPAIGN page on KuCoin! About KuCoin KuCoin is a cryptocurrency exchange established in 2017 and located in Hong Kong. KuCoin has a large selection of crypto assets that are only listed on KuCoin and are very popular worldwide. Due to 2022-4-14, it ranks 5th trading volume in the world. About GensoKishi Online GensoKishi Online Metaworld is a GameFi and metaverse incarnation of the award-winning Nintendo Switch/PS4 game “Elemental Knights”. The iconic game has a 14 years history and has accumulated a total of 8 million downloads worldwide. It already has a 3DMMORPG game with active users, with a fully-functioning 3D metaverse, that simultaneously connects users from aro...
Lire la suite

Rolling Stone Partners With Coinbase, First Collaboration Is a Limited Edition NFT Collection

Image
Following a two-year hiatus, the American magazine that’s dedicated to music, politics, and popular culture, Rolling Stone, announced the return of Rolling Stone Live. According to the publication, the Rolling Stone Live event marks the company’s first collaboration with Coinbase and the two firms will be dropping exclusive non-fungible tokens (NFTs). Rolling Stone Live 2022 Will be Presented by Coinbase This Year, Event Will Feature a Limited Edition Collection of NFTs Crafted by 12 Digital Artists Rolling Stone has teamed up with Coinbase in order to drop an exclusive Rolling Stone Live NFT collection featuring 12 digital artists in the blockchain space. According to Rolling Stone, the artists were tasked with creating the NFTs that also showcase the Rolling Stone logo. Artists include Deadfellaz, Elise Swopes, Boss Beauties, Kideight, Mikegrillmadeit, Markthehabibi, Domino, Giant Swan, Alida Sun, Jeff Manning, Mister Goldie, and Emonee LaRussa. The American magazine says the...
Lire la suite

Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com

Image
On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com Cryptocurrency mining, and more specifically bitcoin ( BTC ) mining, has seen millions of dollars invested during the course of the year. Enterprise operations have inked massive deals with bitcoin mining rig manufacturers like Canaan, Bitmain, and Microbt for thousands of ASIC devices. A few large bitcoin mining operators have also begun constructing new facilities in order to increase capacity. On November 22, Griid Infrastructure announced the company has secured a $525 million credit facility from the company Blockchain.com . The financing will be used to increase mining capacity as well as “capitalizing on over 1,300 m...
Lire la suite