More and more developing nations are giving cryptocurrency as a mode of salary. Key Insights: Despite the harsh stand by the Governments, people prefer cryptocurrency as a salary. Helps broaden the talent pool Cryptocurrency has taken the world by storm. It has gained immense popularity, and despite several countries either banning it or being stringent,
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Tether has expanded its reach in the crypto sector by launching its USDT stablecoin on Polygon (previously Matic Network). After Ethereum, Solana, Avalanche, Algorand, Tron, Omni, EOS, Liquid Network, Kusama, and Bitcoin Cash’s Standard Ledger Protocol, Polygon will be the 11th blockchain on which USDT will be available. The debut of USDT on Polygon, according
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The founder and CEO of investment firm Social Capital, billionaire venture capitalist Chamath Palihapitiya, is denying that Russia’s invasion of Ukraine will be a net benefit for cryptoassets at the expense of the US dollar. Palihapitiya, a cryptoasset advocate, believes that Russia’s invasion of Ukraine and the resulting weakening of the US dollar would not
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Circle’s USD Coin (USDC) has surpassed Tether (USDT) in total supply on the Ethereum network, marking a huge milestone. As of this writing, USDC has a supply of 40.06 billion tokens on Ethereum. That’s, barely ahead of USDT’s supply of 39.82 billion. Tether has been the most popular stablecoin since at least 2016, when it
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Former Twitter CEO Jack Dorsey warns famous rapper Cardi B that Bitcoin will replace the US dollar in a recent Twitter discussion. While, reiterating his unshakable support for the largest cryptocurrency. “Yes, Bitcoin will” — jack⚡️ (@jack) December 21, 2021 More so, The Grammy Award-winning rapper’s Twitter exchange with the tech entrepreneur. Of course, cryptocurrency
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Tether is minting more coins to break the $60 billion market cap. A Tether executive noted that massive volatility on the Crypto market had always been associated with an uptick on stablecoin markets. Tether has become the world’s largest stablecoin by market capitalization. Elon Musk It continues to grow despite the record-breaking cryptocurrency outlaws triggered
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