#stablecoin

[probablyasocialecologist]

Tether, the largest “stablecoin” and a foundational part of the cryptocurrency ecosystem, is at risk of a bank run after breaking its peg to the dollar amid the sector’s worst crash in years.

Like all stablecoins, tether is intended to only ever trade at a fixed value relative to a conventional currency: one tether token is always supposed to be $1.

However, on Monday another prominent stablecoin, terra, broke its peg to the dollar and has slumped since, now trading at barely half its supposed stable value. That event appears to have precipitated a wider crash, with even the blue-chip cryptocurrencies plummeting over the past week.

Bitcoin and ethereum are both down 30% in the past seven days, with smaller cryptocurrencies such as ripple, solana and dogecoin falling more than 40%. Binance, one of the largest US cryptocurrency exchanges, suspended deposits and withdrawals on Thursday from 11.30am for what it said was scheduled maintenance.

#bitcoin #Cryptocurrency #stablecoin #tether

[neomoonapp]

Las mejores alternativas de tarjetas de crédito en dólares para Latinoamérica en 2023

Latinoamérica está experimentando una revolución financiera digital. Aunque apenas el 49.1% de la población mexicana tiene acceso a servicios bancarios, los métodos de pago digitales y soluciones innovadoras están llenando ese vacío, ofreciendo alternativas financieras frescas a la población. En este artículo, exploraremos las opciones disponibles para los latinoamericanos que desean solicitar tarjetas de crédito en dólares y cómo Neomoon se alza como líder en este espacio.

Alternativas disponibles

Neobancos: Bancos puramente digitales como Nubank que ofrecen soluciones primordialmente a través de aplicaciones móviles.

Startups de Tarjetas: Compañías como Stori, Rappi Pay, y Fondeadora proponen tarjetas gestionadas en su mayoría a través de aplicaciones.

Otras tarjetas populares para viajar: Opciones como Revolut, N26 y Wise, que presentan soluciones sin comisiones para viajeros.

Neomoon: Una innovadora propuesta que va más allá de ser simplemente una tarjeta, integrando el mundo de las criptomonedas con el financiero convencional.

Neomoon: Más que una tarjeta

Neomoon es una combinación de múltiples soluciones financieras: es tarjeta, es neobanco, es billetera digital, y es mucho más.

Diversidad de opciones: Proporciona tanto una tarjeta de crédito virtual Mastercard Gold como una física Platinum Mastercard, ambas en dólares estadounidenses.

Versatilidad Financiera: No se limita a ser solo una tarjeta. Funciona también como un neobanco y una billetera digital, ofreciendo cuentas en dólares tanto a usuarios como a comercios.

Portal P2P Propio: Neomoon brinda su propio espacio de intercambio peer-to-peer, permitiendo el intercambio de distintos medios de pago y facilitando las transacciones dentro y fuera de su ecosistema.

Soluciones Tecnológicas para Comercios: Desde POS ilimitados hasta herramientas que impulsan ventas, Neomoon se posiciona como un aliado indispensable para los negocios.

Tecnología Inclusiva: Ya sea que tengas el smartphone más avanzado del mercado o ni siquiera cuentes con uno, Neomoon tiene soluciones adaptadas a cada usuario.

Comunidad en Crecimiento: Con más de 200 mil usuarios, su expansión ha sido en gran parte orgánica, impulsada por recomendaciones boca a boca. Es muy probable que conozcas a alguien que ya esté aprovechando los beneficios de Neomoon.

Adicionalmente, te invitamos a seguir la cuenta oficial de Neomoon en Instagram, donde encontrarás valioso contenido sobre educación financiera y las últimas actualizaciones de la plataforma.

Conclusión

En medio de una gama amplia y variada de tarjetas para viajar sin comisiones en 2023, Neomoon se destaca no solo por sus ventajas en términos de tarjeta de crédito, sino por ser una solución financiera integral. Con una propuesta que integra el mundo financiero tradicional y digital, y adaptada a las diversas necesidades del mercado latinoamericano, Neomoon se presenta como la opción de futuro para aquellos que buscan innovar en sus finanzas personales y comerciales.

#neomoonapp #usdc #fedorsaldivia #ahorro #financial inclusion #personalfinance #latam #finanzaspersonales #usdt #challengerbank #neomoon #neobank #stablecoin #blockchain #inversiones #cuentasendolares #datoscuriosos #formasdeahorrar

[beleaf-blockchain-company]

Societe Generale has achieved a historic milestone as the first major bank to launch a stablecoin on the Ethereum blockchain. This move highlights the intersection of traditional banking with decentralized finance (DeFi), showcasing and increase the recognition of blockchain technology in the financial sector.

#did you know #ethereum #blockchain #stablecoin #tumblr2023

[ecoeconomicepochs]

Inventor Thomas Edison’s Monetary Option circa 1921 Thomas #Edison introduced his latest #invention: a new type of money, a commodity index #currency he believed was the long-term solution to America's monetary woes. “I want to cast the variable out of money. This gold #money is not good enough. It's a fiction” New York Times 1922 Type: Research Article Journal of the History of Economic Thought, Volume 28, Issue 3, September 2006, pp. 295 - 308 DOI: https://doi.org/10.1080/10427710600857773 Copyright  The History of Economics Society 2006 LINK: https://www.cambridge.org/core/journals/journal-of-the-history-of-economic-thought/article/abs/thomas-edisons-monetary-option/ #economics #currency #stablecoin #biocoin #money #economy

#stablecoin #money #gold #inventor #Edison #biocoin #currency

[crypto-shrypto]

Bill Gates slams cryptocurrencies and NFTs for their high-risk nature and environmental impact

On June 14, Bill Gates spoke at the TechCrunch Sessions: Climate 2022 for a wide-ranging discussion that included an update on progress in mitigating climate change since his book “How to Avoid a Climate Disaster” was published in 2021. Bill Gates, the billionaire, has slammed cryptocurrency and NFT projects such as Bored Apes Yacht Club (BAYC). Gates stated that he prefers to invest in assets with tangible outputs, such as farms or factories, or “a company where they make products,” rather than cryptocurrencies or NFTs.

#TechCrunch #stablecoin #silicon valley #NFT's #NFT projects #elon musk #Cryptocurrency #cryptocurrencies #cryptoshrypto

[cryptolatestnews]

Economist Says Decide Between Two Policy Mistakes | DAI Leading Decentralized Stablecoin by Market....

#dai #decentralized #stablecoin #usdt #usdc

[theafricancryto]

Apple Pay Sets the Standard for Revolutionary Crypto Mobile Payments

"I think the benchmark is Apple Pay. How are we going to beat Apple Pay," CEO Stijn Paumen's strategies for blockchain mobile payment methods #Crypto #Blockchain #ApplePay #Apple #CryptoNews #Bitcoin

The rise of cryptocurrency payment platforms is becoming evident as systems integrate into major e-commerce platforms and retail stores. Stijn Paumen, CEO of the emerging crypto payments platform Helio, describes the sector as nascent yet promising. In a recent interview, Paumen discussed blockchain technologies’ challenges and opportunities in their quest to match and surpass the efficiency of…

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#Bitcoin #Blockchain #cryptocurrency #Stablecoin

[christophbergmann]

Venezolanischer Ölkonzern setzt offiziell auf Kryptowährungen

Venezolanischer Ölkonzern setzt offiziell auf Kryptowährungen Die USA kündigen an, die Finanzsanktionen gegen die Ölwirtschaft von Venezuela wieder einusetzen. Diese reagiert damit, dass sie auf Tether-Dollar ausweicht.

Die USA kündigen an, die Finanzsanktionen gegen die Ölwirtschaft von Venezuela wieder einusetzen. Diese reagiert damit, dass sie auf Tether-Dollar ausweicht. Continue reading Venezolanischer Ölkonzern setzt offiziell auf Kryptowährungen

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#Russland #Sanktionen #Stablecoin #Tether #USDT #Venezuela

[chinemagazine]

Un projet pilote de Stablecoin en Chine ?

HK et le Bureau du Trésor établissent un régime de réglementation pour les émetteurs de pièces stables sur le territoire.

De Project Syndicate, par Andrew Sheng et Xiao Geng – L’Autorité monétaire de Hong Kong (HKMA) ainsi que les services financiers et le Bureau du Trésor (FSTB) s’efforcent d’établir dès que possible un régime de réglementation pour les émetteurs de pièces stables sur le territoire. Les gestionnaires d’actifs et les sociétés de technologie financière suivraient ces efforts de très près . D’autres…

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#Andrew Sheng #bitcoin #Chine #chine-magazine #économie chinoise #Hong Kong #project syndicte #Stablecoin #Xiao Geng

[bitcoinreportitalia]

🌟 Il Regno Unito accelera sulla regolamentazione delle criptovalute: verso un quadro normativo più chiaro?

🌟 Il Regno Unito ha annunciato l'intenzione di legiferare un quadro normativo per le criptovalute entro la fine di luglio. Questa mossa mira a fornire chiarezza e sicurezza agli investitori, aprendo la strada a una maggiore adozione delle criptovalute nel paese.

🌟 Il governo britannico ha identificato la protezione dei consumatori e la lotta al riciclaggio di denaro come priorità chiave nella sua strategia di regolamentazione. L'obiettivo è quello di creare un ambiente normativo che incoraggi l'innovazione e la crescita del settore crypto, tutelando al contempo gli investitori dai rischi associati.

🌟 Nel frattempo, negli Stati Uniti, il senatore Schumer si è incontrato con rappresentanti dell'industria per discutere la potenziale regolamentazione delle stablecoin. Questo incontro suggerisce che anche gli Stati Uniti potrebbero essere pronti ad accelerare lo sviluppo di un quadro normativo per le criptovalute.

Seguici sui nostri canali social ed unisciti al nostro gruppo Telegram:

https://t.me/Bitcoin_Report_Italia

#cripto #criptovalute #bitcoin #halving #regolamento #btc #stablecoin #uk #usa #MiCa #BitcoinReportItalia

[probablyasocialecologist]

Posting on the r/terraluna subreddit, one user wrote, ‘I lost all my life savings’. Another said the same, declaring ‘I’m out of crypto’. Others posted about the tens and even hundreds of thousands of dollars they’d lost, and how it would mean they wouldn’t be able to buy a house—or could lose their homes altogether. Eventually, moderators restricted new posts and pinned international suicide hotlines to the top of the page as people with huge losses said they saw it as their only way out.

[...]

For the past year and a half, it’s hardly been a secret that the crypto market was incredibly shady, if not a giant Ponzi scheme that relied on people buying in so those at the top could cash out with their money. Scammers made off with $14 billion in crypto last year alone, and as of 9 May, 40 percent of Bitcoin holders were already estimated to have lost money on their holdings.

When you pair the crypto crash with rising inflation and higher interest rates, it’s likely more people will give up HODLing—meaning ‘holding on for dear life’—and cash out, continuing the crypto market’s slide and the pain for those who risked too much on crypto investments. The founders, the investors, and the whales—those with large crypto holdings—should shoulder the blame for the devastation being felt by all the people duped into their scams, and if regulators and authorities have any teeth they should be held to account.

But we also shouldn’t forget everyone else who helped them sell their lies: the organisations that took the industry’s money to reframe scams as empowerment; the workers who flooded into the digital Ponzi industry; the journalists who desperately wanted to believe the PR spin; and the celebrities who helped convince their fans to buy in. They should feel ashamed for contributing to the devastation we’re now seeing and convincing more people to enter the crypto market only to have their money stolen by the whales.

#Cryptocurrency #stablecoin #bitcoin #blockchain

[neomoonapp]

Guía Simple para un Presupuesto Personal: Controla tus Finanzas

Tiempo de lectura: 2 minutos

El presupuesto personal es una herramienta esencial para tomar el control de nuestras finanzas y alcanzar nuestras metas financieras. Es fundamental para principiantes en el mundo de las finanzas, ya que nos permite organizar nuestros ingresos y gastos de manera efectiva. En este artículo, te presentaremos una guía simple para crear un presupuesto personal y asegurar una base financiera sólida.

Paso 1: Calcula tus Ingresos

El primer paso para crear un presupuesto es calcular tus ingresos mensuales. Esto incluye tu sueldo, ingresos adicionales y cualquier otra fuente de dinero que recibas regularmente. Si tienes ingresos variables, calcula un promedio de los últimos meses para tener una estimación más precisa.

Paso 2: Enumera tus Gastos Fijos

Identifica tus gastos fijos, aquellos que debes pagar cada mes y que tienen un monto constante. Estos pueden incluir el alquiler o hipoteca, servicios públicos, seguros, préstamos y otros pagos mensuales recurrentes. Resta estos gastos de tus ingresos para obtener tu ingreso disponible.

Paso 3: Categoriza tus Gastos Variables

A continuación, categoriza tus gastos variables, los cuales pueden variar mes a mes. Algunas categorías comunes incluyen alimentos, transporte, entretenimiento, ropa y cuidado personal. Establece límites razonables para cada categoría y asegúrate de no excederlos.

Paso 4: Ahorra e Invierte

No olvides incluir una categoría para el ahorro e inversión en tu presupuesto. Destina un porcentaje de tus ingresos disponibles para ahorrar y construir un fondo de emergencia. También considera invertir parte de tus ahorros para hacer crecer tu dinero a largo plazo.

Paso 5: Revisa y Ajusta

Revisa tu presupuesto regularmente para asegurarte de que estás siguiendo el plan y haciendo los ajustes necesarios. Si encuentras que ciertas categorías están desequilibradas, busca maneras de reducir gastos innecesarios y optimizar tus finanzas.

Neomoon: Una Opción para tus Finanzas

Si buscas una forma segura y conveniente de manejar tus finanzas en dólares, Neomoon puede ser tu aliado ideal. Fundada por Fedor Saldivia, Neomoon ofrece cuentas en dólares para latinoamericanos, lo que te permite proteger tus ahorros en una moneda más estable. Visita Neomoon para obtener más información sobre cómo esta plataforma puede ayudarte a alcanzar tus metas financieras.

En conclusión, un presupuesto personal es una herramienta poderosa para tomar el control de nuestras finanzas y trabajar hacia un futuro financiero estable. Siguiendo esta guía simple, estarás en el camino correcto para alcanzar tus objetivos financieros y mejorar tu bienestar económico.

[Fuente de datos y conceptos: Neomoon]

#neomoonapp #usdc #fedorsaldivia #ahorro #financial inclusion #personal finance #latam #finanzas personales #usdt #challengerbank #neomoon #neobank #stablecoin #blockchain #inversiones #cuentas en dolares #datos curiosos #formas de ahorrar #presupuesto

[dicasdecripto]

#crypto #criptomoedas #cripto #criptomonedas #cryptocurrency #token #bitcoin #btc #ethereum #bnb #tether #usdt #stablecoin

[coinatory]

Tether Embarks on Strategic Diversification, Venturing Beyond Its Stablecoin Foundations

In a pivotal move, Tether, the pioneering stablecoin issuer, has announced a strategic reorganization aimed at broadening its business horizons beyond the stablecoin market. This restructuring introduces four distinct divisions, each designed to enhance the company's influence in the burgeoning web3 industry. The newly formed divisions are as follows: Tether Data: This division will focus on strategic technology investments, aiming to bolster Tether's footprint in the tech landscape. Tether Finance: Dedicated to digital asset services, this department will provide robust financial solutions in the digital space. Tether Power: Responsible for overseeing the company's engagements in the mining sector and managing its energy resources. Tether Edu: This educational division will concentrate on developing and disseminating

source

#cryptocurrency #cryptomarket #cryptonewstoday #news #regulations #stablecoin

[albertpeter]

How Can Stablecoin Development Solutions Address Inflation?

In recent years, stablecoins have emerged as a popular alternative to traditional cryptocurrencies due to their ability to maintain a stable value, often pegged to a fiat currency like the US Dollar. This stability makes stablecoins an attractive option for various use cases, including remittances, trading, and as a store of value. One of the key advantages of stablecoins is their potential to address inflation, particularly in economies plagued by high inflation rates. In this article, we will explore how stablecoin development solutions can help mitigate the effects of inflation.

Understanding Inflation

Before delving into how stablecoins can address inflation, it is essential to understand what inflation is and how it affects economies. Inflation is the rate at which the general level of prices for goods and services rises, leading to a decrease in purchasing power over time. High inflation can erode the value of a currency, making it challenging for individuals and businesses to plan for the future.

Inflation can be caused by various factors, including an increase in the money supply, rising production costs, or external shocks such as natural disasters or geopolitical events. Regardless of the cause, inflation can have significant economic consequences, including reduced consumer spending, lower investment, and increased uncertainty.

Stablecoin Development Solutions

Stablecoins are digital assets designed to maintain a stable value by pegging their price to a stable asset or basket of assets. This stability is achieved through various mechanisms, including collateralization, algorithmic stability, and central bank backing. By maintaining a stable value, stablecoins can serve as a reliable store of value and medium of exchange, even in inflationary environments.

Collateralized Stablecoins

One of the most common types of stablecoins is collateralized stablecoins, which are backed by a reserve of assets that are equal to or greater than the value of the stablecoin in circulation. These assets can include fiat currencies, cryptocurrencies, or other assets with a stable value. By maintaining a fully collateralized reserve, collateralized stablecoins can ensure price stability and mitigate the effects of inflation.

Algorithmic Stablecoins

Another approach to stablecoin development is algorithmic stability, which uses algorithms to adjust the supply of stablecoins based on market demand. By dynamically adjusting the supply, algorithmic stablecoins can maintain a stable value without the need for collateral. However, this approach can be challenging to implement effectively and may be susceptible to manipulation.

Central Bank Digital Currencies (CBDCs)

Central banks are also exploring the development of their own digital currencies, known as central bank digital currencies (CBDCs). Unlike traditional cryptocurrencies, CBDCs would be issued and regulated by central banks, making them a more reliable store of value. By issuing CBDCs, central banks can maintain greater control over monetary policy and address inflation more effectively.

Addressing Inflation with Stablecoins

Stablecoins offer several advantages in addressing inflation. Firstly, stablecoins provide a safe haven for individuals and businesses looking to protect their wealth from the effects of inflation. By holding stablecoins, users can avoid the erosion of purchasing power associated with fiat currencies.

Secondly, stablecoins can facilitate cross-border transactions, allowing individuals and businesses to conduct business in stable currencies, even in countries with high inflation rates. This can help mitigate the impact of inflation on international trade and investment.

Furthermore, stablecoins can serve as a hedge against inflation, as their value is not tied to any single fiat currency. This can provide individuals and businesses with greater flexibility in managing their finances and investments.

Conclusion

In conclusion, stablecoin development solutions offer a promising avenue for addressing inflation and mitigating its effects on economies. By providing a stable store of value and medium of exchange, stablecoins can help individuals and businesses navigate the challenges posed by inflation. However, it is essential to carefully consider the design and implementation of stablecoins to ensure their effectiveness and stability in the long term. As stablecoin technology continues to evolve, it will be interesting to see how these digital assets can contribute to a more stable and efficient global financial system.

#stablecoin development solutions #stablecoin development solution #stablecoin development #stablecoin #stable coin

[techwargr]

Αποκάλυψη στον Κόσμο των Κρυπτονομισμάτων: Η Ripple Ετοιμάζει Έκπληξη με το Δικό της Stablecoin

New Post has been published on https://www.techwar.gr/500/apokalypsi-ston-kosmo-ton-kryptonomismaton-i-ripple-etoimazei-ekplixi-me-to-diko-tis-stablecoin/

Αποκάλυψη στον Κόσμο των Κρυπτονομισμάτων: Η Ripple Ετοιμάζει Έκπληξη με το Δικό της Stablecoin

Η κοινότητα των κρυπτονομισμάτων ετοιμάζεται να υποδεχτεί μια νέα συναρπαστική ανάπτυξη, καθώς η Ripple, εκδότρια του XRP, ανακοίνωσε τα σχέδιά της για τη δημιουργία δικού της stablecoin.

Αυτή η κίνηση αποτελεί έναν ακόμη ορόσημο στον δυναμικά εξελισσόμενο κόσμο των ψηφιακών νομισμάτων και υπόσχεται να φέρει νέα δυναμική στην αγορά των stablecoins.

Η ανακοίνωση αυτή προκαλεί ενθουσιασμό και προβλέψεις για τη μελλοντική εξέλιξη της αγοράς των stablecoins. Σύμφωνα με τον επικεφαλής τεχνολογίας της Ripple, David Schwartz, ο στόχος της εταιρείας είναι να δημιουργήσει ένα stablecoin που θα ανταγωνιστεί με επιτυχία τα ήδη υπάρχοντα δημοφιλή σταθερά νομίσματα, όπως το USDT της Tether και το USDC της Circle.

Ένα από τα πιο ενδιαφέροντα στοιχεία του σχεδίου είναι η πολυπλατφορμικότητα (ακόμα ψάχνω καταλληλότερη λέξη) του νέου stablecoin.

Η Ripple προτίθεται να το λανσάρει αρχικά στο XRP Ledger και στη συνέχεια στο blockchain του Ethereum, ως ένα ERC20 stablecoin.

Αυτή η προσέγγιση δείχνει την προσήλωση της Ripple στη διασύνδεση και την επέκταση των δυνατοτήτων του νέου νομίσματος.

Ωστόσο, το μεγάλο ερώτημα που προκύπτει είναι πώς θα επιτύχει η Ripple να ξεπεράσει τους ήδη εγκατεστημένους παίκτες στην αγορά των stablecoins. Η απάντηση φαίνεται να κρύβεται στην εστίαση της Ripple στη συμμόρφωση με τους χρηματοπιστωτικούς όρους και τη διαφάνεια των δραστηριοτήτων της. Η εταιρεία σχεδιάζει να στηρίξει το νέο της νόμισμα με καταθέσεις σε δολάρια ΗΠΑ και άλλες ασφαλείς επενδύσεις, ενώ θα υπόκειται σε αυστηρό έλεγχο από μια τρίτη λογιστική εταιρεία.

Η επιλογή της Ripple να ακολουθήσει αυτήν την προσέγγιση μπορεί να αποδειχθεί καθοριστική για την επιτυχία του νέου της stablecoin. Η διασφάλιση της διαφάνειας και της ασφάλειας των χρηματοοικονομικών δραστηριοτήτων της θα ενισχύσει την εμπιστοσύνη των χρηστών και θα τη βοηθήσει να κατακτήσει μια σημαντική θέση στην αγορά.

Συνοψίζοντας, η ανακοίνωση της Ripple για τη δημιουργία δικού της stablecoin είναι ένα σημαντικό γεγονός που ανοίγει νέους ορίζοντες στον κόσμο των κρυπτονομισμάτων. Με τη συνεχή της δέσμευση για τη συμμόρφωση με τους χρηματοοικονομικούς όρους και την εξασφάλιση της διαφάνειας, η Ripple δείχνει ότι είναι έτοιμη να αναλάβει τον ρόλο ενός κορυφαίου παίκτη στην αγορά των stablecoins. Με τον τρόπο αυτό, η εταιρεία επιδιώκει να δημιουργήσει ένα νέο επίπεδο ασφάλειας και εμπιστοσύνης για τους χρήστες των κρυπτονομισμάτων και να συμβάλει στην περαιτέρω εξέλιξη της αγοράς.

#Ripple #Stablecoin #XRP