-
ARS 1,094.20 (+0.11%) -
BTC 64,269.93 (+0.93%) -
ETH 3,172.06 (+2.26%) -
PEPE <0.01 (+0.00%) -
SOL 148.06 (+1.78%) -
DOGE 0.16 (+0.90%) -
WLD 6.14 (+17.75%) -
WIF 3.35 (-2.65%) -
ENA 0.90 (+12.33%) -
NEAR 7.29 (+5.44%) -
RNDR 10.04 (+9.29%) -
BOME 0.01 (-1.06%) -
ETHFI 4.20 (+8.50%) -
ARKM 2.66 (+14.55%) -
AR 39.49 (+8.51%) -
BONK <0.01 (-2.29%) -
XRP 0.54 (+1.23%) -
SUI 1.13 (+6.02%) -
FLOKI <0.01 (-1.08%) -
AVAX 37.93 (+2.90%) -
RUNE 5.41 (+3.19%) -
GLM 0.62 (+5.03%) -
USTC 0.02 (+19.72%) -
HBAR 0.12 (+10.52%) -
ORDI 40.64 (+2.19%) -
FIL 6.29 (+4.84%) -
AGIX 1.02 (+9.77%) -
OP 2.96 (+4.55%)
Cardano finally gets fiat backed stablecoin USDM after huge delays
Published: 2024-03-18
1. Cardano blockchain launching fiat-backed stablecoin USDM: - The article discusses the recent announcement of Cardano launching a new stablecoin called USDM,which will be backed by fiat currency. - USDM aims to provide a stable value for users on the Cardano blockchain,enabling seamless transactions and reducing volatility risks. - The stablecoin will open up new opportunities for decentralized finance (DeFi) applications on the Cardano ecosystem.
2. Potential impact on Cardano's ecosystem: - The introduction of USDM could attract more users and developers to the Cardano blockchain,enhancing its ecosystem and network effects. - Stablecoins are essential for various DeFi applications,such as lending,borrowing,and trading,which could thrive on Cardano's infrastructure with USDM's support. - This move reinforces Cardano's commitment to scalability,interoperability,and sustainability in the blockchain space.
3. Competition and market dynamics: - The stablecoin market is highly competitive,with existing players like USDT,USDC,and DAI dominating the space. Cardano will need to differentiate USDM and offer unique features to stand out. - Regulatory challenges and market acceptance could impact the adoption of USDM within the broader cryptocurrency and DeFi industry. - The success of USDM could set a precedent for other blockchains to explore fiat-backed stablecoin offerings,leading to further innovation in the space.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,094.20 | 1,531,977,167.50 |
| 2 | BTC |
64,269.93 | 1,236,416,459.46 |
| 3 | ETH |
3,172.06 | 688,114,772.58 |
| 4 | PEPE |
<0.01 | 295,203,952.57 |
| 5 | SOL |
148.06 | 268,269,584.01 |
| 6 | DOGE |
0.16 | 225,671,834.92 |
| 7 | WLD |
6.14 | 157,848,258.47 |
| 8 | WIF |
3.35 | 155,265,375.09 |
| 9 | ENA |
0.90 | 117,227,907.77 |
| 10 | NEAR |
7.29 | 114,466,925.52 |
| 11 | RNDR |
10.04 | 112,191,792.53 |
| 12 | BOME |
0.01 | 101,174,956.40 |
| 13 | ETHFI |
4.20 | 84,601,905.32 |
| 14 | ARKM |
2.66 | 83,048,166.08 |
| 15 | AR |
39.49 | 74,332,592.47 |
| 16 | BONK |
<0.01 | 72,117,670.37 |
| 17 | XRP |
0.54 | 71,081,076.48 |
| 18 | SUI |
1.13 | 66,423,416.20 |
| 19 | FLOKI |
<0.01 | 60,349,459.37 |
| 20 | AVAX |
37.93 | 55,250,466.86 |
| 21 | RUNE |
5.41 | 48,889,892.07 |
| 22 | GLM |
0.62 | 47,153,523.09 |
| 23 | USTC |
0.02 | 44,760,296.83 |
| 24 | HBAR |
0.12 | 43,223,605.99 |
| 25 | ORDI |
40.64 | 40,484,692.67 |
| 26 | FIL |
6.29 | 38,523,007.24 |
| 27 | AGIX |
1.02 | 37,797,166.68 |
| 28 | OP |
2.96 | 37,191,001.18 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | USTC |
0.02 | +19.72 |
| 2 |  RLC |
3.15 | +18.95 |
| 3 | WLD |
6.14 | +17.75 |
| 4 |  AI |
1.23 | +16.30 |
| 5 |  NFP |
0.52 | +15.97 |
| 6 |  ERN |
4.69 | +15.61 |
| 7 | ARKM |
2.66 | +14.55 |
| 8 |  CTXC |
0.37 | +14.29 |
| 9 | ENA |
0.90 | +12.33 |
| 10 |  RSR |
<0.01 | +12.04 |
| 11 |  PHA |
0.21 | +12.03 |
| 12 |  IQ |
0.01 | +11.55 |
| 13 |  TRU |
0.12 | +10.59 |
| 14 | HBAR |
0.12 | +10.52 |
| 15 |  NMR |
27.89 | +10.28 |
| 16 |  OCEAN |
1.03 | +10.20 |
| 17 | AGIX |
1.02 | +9.77 |
| 18 | RNDR |
10.04 | +9.29 |
| 19 |  VANRY |
0.20 | +9.02 |
| 20 |  ATOM |
9.45 | +8.91 |
| 21 |  BOND |
3.21 | +8.75 |
| 22 |  LUNC |
<0.01 | +8.53 |
| 23 | AR |
39.49 | +8.51 |
| 24 | ETHFI |
4.20 | +8.50 |
| 25 |  YGG |
0.88 | +8.29 |
| 26 |  LUNA |
0.64 | +8.05 |
| 27 |  KEY |
<0.01 | +7.88 |
| 28 |  MOVR |
14.63 | +7.85 |
| 29 |  POND |
0.02 | +7.83 |
| 30 |  CHZ |
0.13 | +7.83 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  LEVER |
<0.01 | -9.10 |
| 2 | REZ | 0.18 | -4.67 |
| 3 |  KMD |
0.40 | -3.99 |
| 4 |  OM |
0.77 | -3.20 |
| 5 |  PDA |
0.09 | -2.84 |
| 6 |  VITE |
0.02 | -2.78 |
| 7 | WIF |
3.35 | -2.65 |
| 8 |  ONG |
0.59 | -2.45 |
| 9 | BONK |
<0.01 | -2.29 |
| 10 |  HIGH |
4.10 | -1.92 |
| 11 |  SFP |
0.80 | -1.69 |
| 12 |  DATA |
0.06 | -1.61 |
| 13 |  CTK |
0.71 | -1.27 |
| 14 |  NULS |
0.66 | -1.25 |
| 15 |  MBL |
<0.01 | -1.16 |
| 16 | FLOKI |
<0.01 | -1.08 |
| 17 |  AMP |
<0.01 | -1.06 |
| 18 | BOME |
0.01 | -1.06 |
| 19 |  REQ |
0.13 | -1.00 |
| 20 |  CVX |
2.55 | -0.89 |
| 21 |  QKC |
0.01 | -0.81 |
| 22 |  LSK |
1.91 | -0.78 |
| 23 |  VOXEL |
0.24 | -0.66 |
| 24 |  ASR |
3.62 | -0.49 |
| 25 |  CLV |
0.08 | -0.49 |
| 26 |  SANTOS |
6.34 | -0.38 |
| 27 | ![BinaryX [OLD] title=](https://titdoi.com/coins-images-mini/BNX-binaryx.webp){kind=small} BNX |
0.97 | -0.22 |
| 28 |  ALPACA |
0.18 | -0.11 |
| 29 |  STG |
0.50 | -0.10 |
| 30 |  VIC |
0.62 | -0.10 |
Bitcoin's Greed and Fear Index.
?71
Greed
Global CryptoCurrency News
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Barkin Speaks | Monday | 06-05-2024 | 17:50 |
| 2 | FOMC Member Williams Speaks | Monday | 06-05-2024 | 18:00 |
| 3 | Loan Officer Survey | Monday | 06-05-2024 | 19:03 |
| 4 | RCM/TIPP Economic Optimism | Tuesday | 07-05-2024 | 15:03 |
| 5 | Consumer Credit m/m | Tuesday | 07-05-2024 | 20:00 |
| 6 | Final Wholesale Inventories m/m | Wednesday | 08-05-2024 | 15:00 |
| 7 | Crude Oil Inventories | Wednesday | 08-05-2024 | 15:30 |
| 8 | FOMC Member Jefferson Speaks | Wednesday | 08-05-2024 | 16:00 |
| 9 | 10-y Bond Auction | Wednesday | 08-05-2024 | 18:01 |
| 10 | FOMC Member Cook Speaks | Wednesday | 08-05-2024 | 18:30 |
| 11 | Unemployment Claims | Thursday | 09-05-2024 | 13:30 |
| 12 | Mortgage Delinquencies | Thursday | 09-05-2024 | 15:00 |
| 13 | Natural Gas Storage | Thursday | 09-05-2024 | 15:30 |
| 14 | 30-y Bond Auction | Thursday | 09-05-2024 | 18:01 |
| 15 | FOMC Member Bowman Speaks | Friday | 10-05-2024 | 14:00 |
| 16 | Prelim UoM Consumer Sentiment | Friday | 10-05-2024 | 15:00 |
| 17 | Prelim UoM Inflation Expectations | Friday | 10-05-2024 | 15:00 |
| 18 | FOMC Member Barr Speaks | Friday | 10-05-2024 | 18:30 |
| 19 | Federal Budget Balance | Friday | 10-05-2024 | 19:00 |
