Tip: Stablecoins are now used more for currency exchange than for hedging cryptocurrencies.

07月
24
2020-7-24 08:43
share to
Scan QR code with WeChat

Crypto analyst Willy Woo tweeted on July 24, unaware that stability coins are increasingly used to secure remittances and trade settlement, and not just to account for cryptocurrency rates as reported. previously. Bitcoin's restrictions are insignificant compared to the demand for international shipping and transactions. Additionally, Bitcoin is very early in its lifecycle and is expected to bring a significant advantage to the global financial market by comparison.

Next:
FTX Designer: The cost of DAI on the Compound platform is very high and should make a difference in mining.
Sam Bankman Fried, founder of crypto derivatives trading platform FTX, tweeted on July 24 that he had voted on compound strategy 018. He said the value of DAI on the compound platform is huge, which would again be combined with other tokens on the platform, driving a variety of applications and different types of mining resources. In the morning news, Compound unveiled the newly announced cDAI interest rate standard 018, allowing management to set specific interest rates.
2020-7-24 08:28

Weekly News

Recommend