USDC On Solana Hits 2 Billion In Circulation
USDC circulation on the Solana blockchain has increased from 1 billion to 2 billion in just two weeks amid huge price gains by Solana. The growth in circulation shows the huge potential of the USDC and Solana protocol to becoming dominant in driving future internet payments, banking, and capital markets. Circle CEO Jeremy Allaire said this in a tweet yesterday, adding that the efforts to introduce the protocol one year ago are now bearing good fruits.
“We are getting SO MUCH CLOSER to the vision being realized. One can easily make P2P payments with USDC using @ftx_app (hosted) and @phantom (un-hosted) at virtually no cost and in seconds. Bye-bye @Venmo, but global scale.”
USDC circulation on the Solana blockchain has increased from 1 billion to 2 billion in just two weeks amid huge price gains by Solana. The growth in circulation shows the huge potential of the USDC and Solana protocol to becoming dominant in driving future internet payments, banking, and capital markets. Circle CEO Jeremy Allaire said this in a tweet yesterday, adding that the efforts to introduce the protocol one year ago are now bearing good fruits.
“We are getting SO MUCH CLOSER to the vision being realized. One can easily make P2P payments with USDC using @ftx_app (hosted) and @phantom (un-hosted) at virtually no cost and in seconds. Bye-bye @Venmo, but global scale.”
Gold Investors Are Moving to Bitcoin and Ethereum, According to Bloomberg Commodity Strategist Mike McGlone
Gold is experiencing outflows as investors embrace cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), according to Bloomberg commodity strategist Mike McGlone.
McGlone says in a new Stansberry Research interview that investors are “giving up on gold” and instead taking positions in the two largest cryptocurrencies by market cap.
Gold is experiencing outflows as investors embrace cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), according to Bloomberg commodity strategist Mike McGlone.
McGlone says in a new Stansberry Research interview that investors are “giving up on gold” and instead taking positions in the two largest cryptocurrencies by market cap.
Binance Coin Grapples 3rd Spot With Cardano — Popular Critic Insists Its Fair Value Is Zero
For a brief period today, Binance coin (BNB), the native token of Binance’s Smart Chain (BSC) ecosystem, topped Cardano to clinch 3rd place ranking among cryptocurrencies by market valuation according to data from Coinmarketcap.
It currently has a market cap of over $73 billion, spurred on by growing activity in the BSC ecosystem. A glance at the BSC scan shows that the number of unique addresses has surpassed 90 million, with the number of active addresses surpassing Ethereum, thanks to high fees on the second-largest blockchain.
For a brief period today, Binance coin (BNB), the native token of Binance’s Smart Chain (BSC) ecosystem, topped Cardano to clinch 3rd place ranking among cryptocurrencies by market valuation according to data from Coinmarketcap.
It currently has a market cap of over $73 billion, spurred on by growing activity in the BSC ecosystem. A glance at the BSC scan shows that the number of unique addresses has surpassed 90 million, with the number of active addresses surpassing Ethereum, thanks to high fees on the second-largest blockchain.
Crypto Exchange Nordik Coin Sets Its Sights on Asian Customers
Nordik Coin – a cryptocurrency exchange based in Estonia – is moving deeper into Asia.
Nordik Coin Is Moving To Asia and OceaniaAsia is a continent that has had a very mixed relationship with bitcoin and other cryptocurrencies. For example, China – one of the largest nations on the continent – has pushed all crypto miners off its turf, and now, regulators have announced that crypto transactions are fully illegal within China’s borders. Thus, anyone who engages in crypto activity is set to be punished.
In addition, India – which is second to China in terms of population – has stated that it is presently looking into following suit and making all cryptocurrency activity illegal and fully regulated.
Nordik Coin – a cryptocurrency exchange based in Estonia – is moving deeper into Asia.
Nordik Coin Is Moving To Asia and OceaniaAsia is a continent that has had a very mixed relationship with bitcoin and other cryptocurrencies. For example, China – one of the largest nations on the continent – has pushed all crypto miners off its turf, and now, regulators have announced that crypto transactions are fully illegal within China’s borders. Thus, anyone who engages in crypto activity is set to be punished.
In addition, India – which is second to China in terms of population – has stated that it is presently looking into following suit and making all cryptocurrency activity illegal and fully regulated.
Forwarded from TrendGuru AI
A lot of good deals in September. Look at one more of them. As always, excellent performance from our TrendGuru AI.
💵💵💵
Closed deal FTM/USDT
Open: $0.26867, 06.08.2021
Close: $1.3955, 08.09.2021
Profit: +419.41%
Duration: 33 days
💵💵💵
What Is FTM?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.
Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.
💵💵💵
Closed deal FTM/USDT
Open: $0.26867, 06.08.2021
Close: $1.3955, 08.09.2021
Profit: +419.41%
Duration: 33 days
💵💵💵
What Is FTM?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.
Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.
CEX.IO Exchange has reduced the fees for withdrawal to Visa cards to 2.5%
Currently, this is the lowest commission for withdrawal to Visa cards among all cryptocurrency exchanges. This promotion will not last long, so hurry to take advantage of this opportunity and register right now!
Currently, this is the lowest commission for withdrawal to Visa cards among all cryptocurrency exchanges. This promotion will not last long, so hurry to take advantage of this opportunity and register right now!
Nigerian Central Bank Says It Is Now Ready to Launch CBDC, Downplays Previous Failure
After failing to roll out its CBDC on October 1, the Central Bank of Nigeria (CBN) has released a document in which it reiterates its commitment to launching the e-naira. In fact, in this document titled The Design Paper for the E-naira, the CBN says it is now ready to launch Nigeria’s CBDC.
CBN Prioritizes Robust EcosystemsHowever, in the same document, the central bank appears to downplay the implications of failing to launch as planned. Instead, the CBN attempts to highlight the importance of getting things right the first time and how this guarantees the digital currency’s success in the long term. The document explains the CBN’s position:
While the launch of the e-naira is an important event, it is one milestone on a long journey. The e-naira is a process, not a single step. Over time, the CBN believes the robust ecosystems that will be built on the e-naira platform will ensure Nigeria and Nigerians receive all the benefits from the e-naira.
After failing to roll out its CBDC on October 1, the Central Bank of Nigeria (CBN) has released a document in which it reiterates its commitment to launching the e-naira. In fact, in this document titled The Design Paper for the E-naira, the CBN says it is now ready to launch Nigeria’s CBDC.
CBN Prioritizes Robust EcosystemsHowever, in the same document, the central bank appears to downplay the implications of failing to launch as planned. Instead, the CBN attempts to highlight the importance of getting things right the first time and how this guarantees the digital currency’s success in the long term. The document explains the CBN’s position:
While the launch of the e-naira is an important event, it is one milestone on a long journey. The e-naira is a process, not a single step. Over time, the CBN believes the robust ecosystems that will be built on the e-naira platform will ensure Nigeria and Nigerians receive all the benefits from the e-naira.
The largest crypto casino 7BitCasino gives out free bonuses to newcomers
Crypto casino today has become a new trend in the world of the crypto industry. The opportunity to make money with ease is now available to everyone. Try yourself in the largest crypto casino on the Internet! Register now and get free spins and bonuses!
Crypto casino today has become a new trend in the world of the crypto industry. The opportunity to make money with ease is now available to everyone. Try yourself in the largest crypto casino on the Internet! Register now and get free spins and bonuses!