StableCoin

Circle recently released a white paper proposing a new solution called the "Token Capital Adequacy Framework" (TCAF). This framework is designed to address the unique risks faced by stablecoins in the market, such as market volatility, technical failures, and operational errors.

Dogwifhat is a Solana-based meme coin with massive traction, driven solely by speculation, and a community-based initiative that has gained popularity due to its attractive Shiba Inu mascot on a pink hat.

This article analyzes the latest development of TRON in detail, focusing on its stablecoin business, DeFi ecology and network activity. Through the assessment of USDT issuance, network revenue and market risks, TRON's market monopoly and its status changes in the current encryption market are revealed.

This article explores three topics: (1) The OTC market, which, in addition to being suitable for whales, is now seeing demand from airdrop retail investors; the article analyzes its operation and future development. (2) A review of the Ethena and Usual projects, along with the challenges and issues they face. (3) The division of gambling platforms into sports and non-sports (prediction markets), and the challenges and issues they encounter.

Usual is an innovative decentralized stablecoin project that uses U.S. Treasury bills as collateral and incorporates Ethereum smart contracts to provide transparency and security. It mints USD0 stablecoins through two methods: direct deposit of RWA (Real World Assets) or indirect deposit of USDC/USDT. Users can earn USUAL tokens or base interest yields by staking USD0. Usual has also launched a Pills activity where users can earn Pills by minting and holding USD0++ as well as providing liquidity, giving them an opportunity to receive USUAL airdrops. The project aims to combine the advantages of centralized stablecoins with the transparency of blockchain, offering users a safe and reliable stablecoin option.

This article introduces the stablecoin project Usual. Its core innovation lies in USD0++, a 4-year USD0 bond, which aims to ensure stable profits by reducing the liquidity of USD0. However, for retail investors with smaller funds, the long lock-in period of USD0++ and its low return rate make it a liquidity trap.

In this article, we will discuss USDC’s unique features as a stablecoin product, its current adoption as a means of payment, and the regulatory landscape that USDC and other digital assets may face today, and what all this means for the digital future of the dollar.

Blockchain is fundamentally an extension of payment scenarios. Stablecoins play a crucial role not only in the cryptocurrency market but also in global payments and cross-border settlements. The introduction of the Taproot Assets protocol suggests a vast potential for stablecoins in high-frequency, low-value payment scenarios and indicates the possibility of widespread adoption of stablecoins as a regular means of payment.

Cryptocurrency payment can not only solve these problems, but also has the advantages of lower fees, faster processing times, borderless transactions, and more efficient and inclusive financial interactions. As the first report in this series on cryptocurrency payments, this study aims to analyze the stablecoin market landscape and drivers of future growth.

This article reviews the rise and development of stablecoins in the past decade, discusses their impact on the global financial system, and analyzes changes in regulatory policies and market demands in various countries.

In this article, we delve into the "Decade of the Digital Dollar" report by the Centre for Economics and Business Research (Cebr) to explore the global development trajectory of stablecoins and their profound economic impact. By summarizing and analyzing the report, we provide a comprehensive perspective on how stablecoins are driving global financial innovation and efficiency.

M^0 is a decentralized stablecoin protocol that allows approved participants to mint M tokens using collateral approved by the protocol. Users can earn returns on their collateral while using stablecoins pegged to the US dollar. The protocol was initially launched on Ethereum and will later expand to other Layer 1 and Layer 2 networks. The core team behind M^0 includes members from projects such as MakerDAO and Circle. The M^0 solution offers greater flexibility, reduced centralization, and provides governance members with greater decision-making autonomy, opening new possibilities for project development and integration with existing products.

Usual has currently secured $7 million in seed funding, led by IOSG Ventures and Kraken Ventures. The core product of its protocol is the stablecoin USD0. Unlike traditional stablecoins, USD0 is backed 1:1 by assets with very short maturities, such as RWA assets and government bonds. This backing provides higher security and stability, and reduces the likelihood of discount liquidation in the case of asset runs.

This article delves into the potential and challenges of tokenizing financial assets on public blockchains. Although billions of dollars of real financial assets have been tokenized and deployed on public blockchains, there is still a lot of work to be done at the intersection of law and technology to re-infrastructure the financial system.

This article provides an introduction and explanation of USDX's features, a novel stablecoin project with viral potential similar to MEME coins. The project has completed its pre-launch goals and opened its DApp and leaderboard entry to users. More market updates are expected in the future.