StableCoin
Stablecoins are the foundation of the cryptocurrency universe. They are designed to hold steady prices through various methods, like backing by real-world assets or using algorithms. Essentially tied to traditional currencies or precious metals, stablecoins offer a way for crypto users to sidestep the market's ups and downs.
This article provides a detailed analysis of the transformative role of stablecoins in the fintech sector, exploring how they are revolutionizing the movement of funds by offering low-cost cross-border transfers, instant settlements, and convenient access to global currencies. It also introduces major stablecoins in the market, such as USDT, USDC, DAI, First Digital USD, and PYUSD, and discusses the growth potential and use cases of stablecoins in cross-border payments, DeFi applications, and the global financial system.
10/1/2024, 6:45:58 PM
With MakerDAO's rebranding to Sky Protocol, discussions about this pioneering platform have resurfaced. MakerDAO is a decentralized, liquid, and composable cryptocurrency protocol that offers lending services through its stablecoin, DAI. This article will delve into the nature of MakerDAO and examine how this innovative protocol operates.
9/30/2024, 1:40:50 AM
The stablecoin landscape is evolving rapidly, driven by innovation, regulatory changes, and market demand. Each of the top 15 stablecoins analyzed offers unique features, pegging mechanisms, and reserve reports. From Tether's increasing market dominance to the decentralized governance of DAI and the hybrid model of FRAX.
9/22/2024, 2:01:27 PM
As Polkadot Referendum 1104 enters the on-chain voting stage and receives widespread support, the Polkadot community is witnessing a major shift in Polkadot’s treasury management strategy. However, the community still has many questions about the motivations and potential impact of this move. This article will delve into the background, implementation details and logic behind this proposal to answer questions for the community.
9/19/2024, 10:35:15 AM
This article will dive into the Stable++ stablecoin protocol within the RGB++ Layer ecosystem. Using BTC and CKB as collateral to mint the RUSD stablecoin, the protocol integrates a Stability Pool insurance mechanism and bad debt redistribution. This creates a reliable stablecoin minting scenario for BTC and CKB holders.
9/18/2024, 10:33:02 AM
Circle recently released a white paper proposing a new solution called the "Token Capital Adequacy Framework" (TCAF). This framework is designed to address the unique risks faced by stablecoins in the market, such as market volatility, technical failures, and operational errors.
9/13/2024, 5:30:46 AM
This article analyzes the latest development of TRON in detail, focusing on its stablecoin business, DeFi ecology and network activity. Through the assessment of USDT issuance, network revenue and market risks, TRON's market monopoly and its status changes in the current encryption market are revealed.
9/5/2024, 1:58:12 PM
This article explores three topics: (1) The OTC market, which, in addition to being suitable for whales, is now seeing demand from airdrop retail investors; the article analyzes its operation and future development. (2) A review of the Ethena and Usual projects, along with the challenges and issues they face. (3) The division of gambling platforms into sports and non-sports (prediction markets), and the challenges and issues they encounter.
9/4/2024, 4:34:51 PM
Usual is an innovative decentralized stablecoin project that uses U.S. Treasury bills as collateral and incorporates Ethereum smart contracts to provide transparency and security. It mints USD0 stablecoins through two methods: direct deposit of RWA (Real World Assets) or indirect deposit of USDC/USDT. Users can earn USUAL tokens or base interest yields by staking USD0. Usual has also launched a Pills activity where users can earn Pills by minting and holding USD0++ as well as providing liquidity, giving them an opportunity to receive USUAL airdrops. The project aims to combine the advantages of centralized stablecoins with the transparency of blockchain, offering users a safe and reliable stablecoin option.
8/31/2024, 2:12:59 PM
This article introduces the stablecoin project Usual. Its core innovation lies in USD0++, a 4-year USD0 bond, which aims to ensure stable profits by reducing the liquidity of USD0. However, for retail investors with smaller funds, the long lock-in period of USD0++ and its low return rate make it a liquidity trap.
8/31/2024, 2:04:54 PM
In this article, we will discuss USDC’s unique features as a stablecoin product, its current adoption as a means of payment, and the regulatory landscape that USDC and other digital assets may face today, and what all this means for the digital future of the dollar.
8/29/2024, 4:14:35 PM
Blockchain is fundamentally an extension of payment scenarios. Stablecoins play a crucial role not only in the cryptocurrency market but also in global payments and cross-border settlements. The introduction of the Taproot Assets protocol suggests a vast potential for stablecoins in high-frequency, low-value payment scenarios and indicates the possibility of widespread adoption of stablecoins as a regular means of payment.
8/28/2024, 7:16:39 AM
Cryptocurrency payment can not only solve these problems, but also has the advantages of lower fees, faster processing times, borderless transactions, and more efficient and inclusive financial interactions. As the first report in this series on cryptocurrency payments, this study aims to analyze the stablecoin market landscape and drivers of future growth.
8/27/2024, 3:36:37 PM
This article reviews the rise and development of stablecoins in the past decade, discusses their impact on the global financial system, and analyzes changes in regulatory policies and market demands in various countries.
8/21/2024, 9:26:43 AM
In this article, we delve into the "Decade of the Digital Dollar" report by the Centre for Economics and Business Research (Cebr) to explore the global development trajectory of stablecoins and their profound economic impact. By summarizing and analyzing the report, we provide a comprehensive perspective on how stablecoins are driving global financial innovation and efficiency.
8/16/2024, 10:42:05 AM