Ethereum’s Value Transfer Is Now Dominated by Stablecoins

The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is now largely made up of stablecoins like tether, pax, and dai. Also … Read more

How SLP Dividends Can Tokenize Anything, Including the Stock Market

Not everyone is lucky enough to have access to the stock market and the ability to buy shares in successful corporations like Apple or Coca-Cola. Many impoverished and politically restricted areas make such participation impossible for those who live there. However, thanks to the ability to tokenize virtually anything via SLPs (Simple Ledger Protocol tokens) … Read more

80% of Crypto Trade Volume Tracked by Blockchain Surveillance

Ever since governments worldwide started showing adversity toward cryptocurrencies like bitcoin, a few startups have dedicated their business model to blockchain surveillance. Two weeks ago, Chainalysis revealed the company is monitoring 21 different tokens that stem from Ethereum. On Tuesday, the firm Ciphertrace announced that it’s now tracking 700 cryptocurrencies providing “visibility into 87% of … Read more

Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder

Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch … Read more

ERC20 Tether Transactions Flip Their Omni Equivalent

Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the … Read more