US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.
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Maple Finance launches pool for US Treasury yields
The so-called on-chain management protocol gives non-U.S. accredited investors access to one-month U.S. Treasury yields. 279 Total views 1 Total shares Own this piece of history Collect this article as an NFTCrypto lender Maple Finance has rolled out a United States Treasury pool for non-U.S. accredited investors and entities.According to an Apr. 19 post, Maple…
PayPal’s PYUSD struggles with early adoption — Nansen
PayPal's stablecoin debut raised hopes for broader adoption and an introduction of cryptocurrencies to the masses. Early adoption trends paint a different picture. 65 Total views 7 Total shares PayPal recently released stablecoin PayPal USD (PYUSD) is facing challenges gaining traction, on-chain data reveal. According to findings from blockchain analytics firm Nansen, roughly 90% of…
What is blockchain network congestion?
Blockchain network congestion, explained Blockchain network congestion refers to a situation where the number of transactions exceeds the network’s capacity, resulting in processing delays.When there are more pending transactions than the network can handle, blockchain networks get congested. Limited block sizes and the length of time required to construct a new block are the causes
Web3 experts cite innovation and PR as key challenges for NFT adoption
Web3 professionals discuss the barriers to broader NFT adoption, including the need for new narratives, improving reputation and simplifying user experiences.
Over 75% of Web3 games ‘failed’ in last five years: CoinGecko
The “failed” blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak. 394 Total views 4 Total shares More than three-quarters of all blockchain games launched in the last five years are dead in the water, according to a recent study from CoinGecko.Out
$48K is now ‘reasonable’ BTC price target — DecenTrader’s Filbfilb
Bitcoin (BTC) remains on track to near $50,000 around next year’s block subsidy halving event, longtime analyst Filbfilb says.In his latest interview with Cointelegraph, the co-founder of trading suite DecenTrader shares his current thoughts on BTC price action.Filbfilb: Bitcoin has given "strong indicator" of bear market breakoutBitcoin has well and truly cemented its exit from
China Central Bank Crypto Can Canabalize Alipay, WeChat Pay — Analyst
China’s answer to Facebook’s Libra digital currency could help the central bank attract business away from Alipay and WeChat Pay.Speaking to mainstream media outlet the South China Morning Post (SCMP) on Aug. 19, Cindy Wang, an analyst at DBS Group Research, said Beijing could profit from the appeal of its state-issued digital currency to merchants.Bringing…
Digital yuan app adds prepaid Mastercard Visa top-ups for tourists
The e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option. 343 Total views 1 Total shares Tourists planning to visit the People’s Republic of China can now pre-charge their digital yuan wallets using Visa and Mastercard payment options as the nation continues