Tag: Stablecoins

COVID-19 Highlights the Need For Central Bank Digital Currency, BIS Reports

blockchain

In its latest report, the Bank of International Settlements doubled-down on its narrative that the COVID-19 pandemic has exemplified the need for central banks to accelerate the development of central bank digital currencies (CBDCs). BIS outlined the ongoing payment digitalization phase and predicted that whoever launches such currency first will ultimately prevail. BIS: Payment Digitalization […]
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Bitcoin (BTC) transaction fees fall below $1 while Ethereum GAS usage reaches ATHs

blockchain

The world’s two largest cryptocurrency protocols are showing great promise in terms of network activity and inclusivity.  While Bitcoin’s transaction fees fell to pre-halving levels, Ethereum GAS usage surged as DeFi activity increased in the past month, reaching an all-time high level.  Bitcoin transactions made cheaper Transaction fees are below $1 on the Bitcoin network, […]
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