Stable Coins and the Mass Adoption of Cryptocurrency
The TRON — Tether partnership will add another stable coin to the cryptocurrency sector. This latest example in the proliferation of stable coins will add use cases for digital currency and help increase mainstream adoption.
There are no shortcuts for stablecoins
All the stablecoin attempts that exist today (i) have enormous risks of breaking, (ii) are centralized or (iii) are extremely complex in relation to their monetary policy. That is, they are the exact opposite of the reason for Bitcoin to exist.
The Hidden Effects of Crypto Money Laundering Rules
A growth in the liquidity of crypto-assets will boost interest in and feasibility of using the underlying technology for tracking purposes. An effective use of blockchain technology would make it much harder to launder money using crypto than digital fiat currency.
tags: CryptoAssets AMLCFT Fintech CBDC