Terra’s demise has raised fears that other stablecoins may lose their peg. Stellar blockchain digital wallet users will be able to convert their assets into USDC. MoneyGram and the Stellar Development Foundation have teamed together to promote the use of digital currencies more broadly. Users will be able to transfer
Introduction It isn’t the same as owning cash when it comes to cryptocurrency. Some exchanges, however, enable you to deposit cryptocurrency and receive interest like a savings account. If you put your crypto up as collateral, several services allow you to borrow money from them. Nexo is yet another cryptocurrency
The underrated coins listed are VET, LIBERO, SHIB, XEC, and HOT. Each coin possesses a unique attribute that stands out to bring focus. Let us look at the top 5 DeFi-based cryptocurrency that has huge potential to shine in the upcoming months. VeChain (VET) VET is a Proof-of-Authority (PoA) token,
Cryptocurrency has been a trend for a while now, and many people either own crypto or are interested to get some. Some even believe that cryptocurrency will be the payment method of the future, and the early buyers have earned a lot by just purchasing and holding. If you are
Without the backing of politicians, it’s uncertain whether a CBDC will go forward. The senate candidate deemed CBDC as “slave currency.” Many nations are developing CBDCs, and some have already put them in place. Coins issued by a central bank in the form of digital tokens are known as “Central
Binance suspended the withdrawal in the Terra network due to high traffic in the environment. Traders worry LFG may sell BTC in the reserve to stabilize the current situation. The crypto market as a whole is facing a massive downfall for the past few days, every other coin has been
CBN upgrades its CBDC, e-Naira. Urges the usage of e-Naira over fiat currency. All financial assistance from the Nigerian government to be in e-Naira. The play of Central Bank Digital Currency (CBDC) has indeed become extremely vital for a nation to keep up its banking sector and financial economy. Ever
Polkadot is an open-source, sharded multi-chain protocol. Terra has been up 3.82% in the last 24 hours. Let us look at the top 3 altcoins With Massive Potential in May 2022 Near Protocol (NEAR) As a community-run cloud computing platform, NEAR Protocol addresses some of the restrictions that have hampered
Loans may also be used to make purchases, another frequent use case. The borrower does not have to worry about the tax ramifications. When you put up your bitcoins as collateral to a bank to get money in fiat currency like the US dollar, you’re effectively lending your bitcoins to
If there is one name that everyone should familiarize themselves with quickly, it’s Wallex. Wallex is a one-and-only solution in an environment dominated by banking, custody, trust, and payment, where it is often difficult to mix traditional and crypto accounts. Wallex team considers themselves the “banking on the future” –
