“Game Dollar will unlock new economic models for developers and marketplaces while enabling consumer incentives only possible via programmable dollars,” said Playtron CEO, Kirt McMaster.
Browsing: Stablecoin
What Is a Stablecoin?
A stablecoin is a new class of cryptocurrencies that attempts to offer price stability and are backed by a reserve asset such as Gold or the U.S. dollar. Stablecoins have gained traction as they attempt to offer the best of both worlds—the instant processing and security or privacy of digital currencies, and the fiat currencies like stability.
TrueUSD (TUSD), USD Tether (USDT), USD Coin (USDC), Diem, nUSD, and Dai are some examples of stablecoin.
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“Brale’s out-of-the-box issuance capabilities makes them an ideal partner, and having them as an M0 Minter reinforces our approach to building an open and federated platform for programmable stablecoins,” said M0 Co-founder and CEO, Luca Prosperi.
“By bringing M^0’s platform to Solana, we’re empowering builders to create stablecoins that are not only interoperable, liquid, and tailored to their use cases, but that can also perform at any scale,” states M^0 Chief Strategy Officer, Joao Reginatto.
Explore how multi-blockchain integration enhances speed, reduces costs, and strengthens user trust—helping crypto platforms drive adoption and long-term success.
Online gambling has been revolutionized by cryptocurrencies that offer fast, anonymous, and decentralized payment solutions. While volatility is a concern for many Kiwi casino players the…
“Direct access to Ethena’s crypto-native stablecoins will unlock exciting new opportunities for protocols on the platform,” states Phoenix Labs CEO, Sam MacPherson.
frxUSD bridges traditional finance and decentralized finance by leveraging BlackRock’s tokenized BUIDL fund, offering a stablecoin backed by real-world assets like U.S. Treasury bills.
“We are excited to back Perena at the very early stages of their journey and assist them in their mission to onboard the next wave of stablecoin users on Solana,” states Binance Labs Investment Director, Max Coniglio.
“At M^0 we’re building stablecoin infrastructure that is multi-issuer and multi-chain. This is a significant improvement over the current state of stablecoin technology,” states M^0 Co-Founder and Chief Architect, Gregory Di Prisco.
Tether recently minted $5 billion worth of USDT in five days, sparking excitement and concerns. As the largest stablecoin issuer, Tether’s actions influence market liquidity and…