🏦 Is the future of #corporate #finance really #decentralized?
📊 #Bitcoin, the best-known #cryptocurrency, is highly attractive to many capital market participants, but that leads to a big problem: extreme #volatility. The significant fluctuations in value make it especially difficult for companies to invest in such #cryptocurrencies or use them in payment transactions. To address this weakness, so-called “#stablecoins” have been developed. Stable coins are linked one-to-one to an underlying value such as the euro or US dollar. Does this solve the volatility problem and pave the way for cryptocurrencies to move into corporate finance?
https://medium.com/enkronos/is-the-future-of-corporate-finance-really-decentralized-e37a99f89f76
📊 #Bitcoin, the best-known #cryptocurrency, is highly attractive to many capital market participants, but that leads to a big problem: extreme #volatility. The significant fluctuations in value make it especially difficult for companies to invest in such #cryptocurrencies or use them in payment transactions. To address this weakness, so-called “#stablecoins” have been developed. Stable coins are linked one-to-one to an underlying value such as the euro or US dollar. Does this solve the volatility problem and pave the way for cryptocurrencies to move into corporate finance?
https://medium.com/enkronos/is-the-future-of-corporate-finance-really-decentralized-e37a99f89f76
Medium
Is the future of corporate finance really decentralized?
Enthusiasts of cryptocurrencies believe they can force banks out of the lending business. That would be an aberration. Why “crypto finance”…
🧮 The Components of #Decentralized #Finance: #SmartContracts, #Farming, #Yields…
💠 #StableCoins are common in #DeFi, as are services such as #cryptocurrency #exchanges and credit services. #Smart #contracts also make possible new forms of #passive #investing, such as #staking and yield farming.
https://medium.com/veniceswap/the-components-of-decentralized-finance-smart-contracts-farming-yields-b8daf9317ee5
💠 #StableCoins are common in #DeFi, as are services such as #cryptocurrency #exchanges and credit services. #Smart #contracts also make possible new forms of #passive #investing, such as #staking and yield farming.
https://medium.com/veniceswap/the-components-of-decentralized-finance-smart-contracts-farming-yields-b8daf9317ee5
Medium
The Components of Decentralized Finance: Smart Contracts, Farming, Yields…
Traditional finance consists of all the exchanges, banks and lenders in the world, all of which are centralized. However, a new phenomenon…
🪩 #Bitcoin and #blockchain expert explain the risks and benefits of #DeFi
📯 It all runs on so-called #stablecoins, which are #currency-like tokens that are usually pegged to the US #dollar to avoid sudden swings in bitcoin and other #cryptocurrencies.
https://medium.com/veniceswap/bitcoin-and-blockchain-expert-explain-the-risks-and-benefits-of-defi-a1e0ed0b3329
📯 It all runs on so-called #stablecoins, which are #currency-like tokens that are usually pegged to the US #dollar to avoid sudden swings in bitcoin and other #cryptocurrencies.
https://medium.com/veniceswap/bitcoin-and-blockchain-expert-explain-the-risks-and-benefits-of-defi-a1e0ed0b3329
Medium
Bitcoin and blockchain expert explain the risks and benefits of DeFi
Proponents of cryptocurrencies and blockchain promise a lot. For them, cryptocurrency and blockchain technology offer a way out of…
🐕 What is the difference between #tokens and #coins in #crypto?
🏄♂️ Tokens can represent a multitude of real-world use cases, including #gaming, #Stablecoins, #NFTs and other fees. That said, crypto coins have a higher intrinsic value because they form the foundation of the #Blockchain.
https://medium.com/enkronos/what-is-the-difference-between-tokens-and-coins-in-crypto-ab11908f282d
🏄♂️ Tokens can represent a multitude of real-world use cases, including #gaming, #Stablecoins, #NFTs and other fees. That said, crypto coins have a higher intrinsic value because they form the foundation of the #Blockchain.
https://medium.com/enkronos/what-is-the-difference-between-tokens-and-coins-in-crypto-ab11908f282d
Medium
What is the difference between tokens and coins in crypto?
Experts in the field argue that although all tokens are considered coins in the crypto sector, this is not true.
📈 High #inflation in #Turkey and #Argentina leads individual #investors to #crypto
📊 Investors showed interest in #USD Coin (#USDC) and #Tether (#USDT), which are often referred to as #stablecoins and are directly indexed to the #dollar.
https://medium.com/veniceswap/high-inflation-in-turkey-and-argentina-leads-individual-investors-to-crypto-c1cf4e10351
📊 Investors showed interest in #USD Coin (#USDC) and #Tether (#USDT), which are often referred to as #stablecoins and are directly indexed to the #dollar.
https://medium.com/veniceswap/high-inflation-in-turkey-and-argentina-leads-individual-investors-to-crypto-c1cf4e10351
Medium
High inflation in Turkey and Argentina leads individual investors to crypto
The digital currency ownership rate in Turkey ranked first in the world with 27.1%. Argentina followed with 23.5 percent.
🪙 What role do #stablecoins play in #forking?
🧃 When we look at the current statements of #Vitalik #Buterin, we come across the prediction that #USDC and #USDT will play a decisive role in the bifurcation
https://medium.com/veniceswap/what-role-do-stablecoins-play-in-forking-7f1f336aeb7d
🧃 When we look at the current statements of #Vitalik #Buterin, we come across the prediction that #USDC and #USDT will play a decisive role in the bifurcation
https://medium.com/veniceswap/what-role-do-stablecoins-play-in-forking-7f1f336aeb7d
Medium
What role do stablecoins play in forking?
What is the difference between Proof of Work (PoW) and Proof of Stake (PoS)? Will the merger create a new fork? What will be the role of…
🏦 Central banks' digital currency race gains momentum
🥇 As concerns rise that #cryptocurrencies and #stablecoins rivaling traditional #payment systems could harm #financial stability, #central #banks are stepping up their efforts to create their own #digital #currencies.
https://medium.com/enkronos/central-banks-digital-currency-race-gains-momentum-290e46cf9df1
🥇 As concerns rise that #cryptocurrencies and #stablecoins rivaling traditional #payment systems could harm #financial stability, #central #banks are stepping up their efforts to create their own #digital #currencies.
https://medium.com/enkronos/central-banks-digital-currency-race-gains-momentum-290e46cf9df1
Medium
Central banks’ digital currency race gains momentum
As concerns rise that cryptocurrencies and stablecoins rivaling traditional payment systems could harm financial stability, central banks…