yburilo73

@yburilo73

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346 Followers

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High-altitude salt lakes. Absolutely breathtaking.

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Monad on @farcaster_xyz Do it simple ⬇️ - download on warpcast appstore/Playstore - Fund mon to your Farcaster wallet - join https://warpcast.com/~/channel/monad - go to profile , start streak on monad channel ( make creative cast ) Let's go 🔥

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The firm will also add a feature where multiple Secret Recovery Phrases can be managed from one wallet.

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MetaMask will also move from Externally Owned Accounts to smart-contract-based accounts. This will allow new, powerful uses of user assets while simultaneously improving security.

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The company’s latest purchase failed to boost Metaplanet’s (TYO: 3350) share price on the Tokyo Stock Exchange, which has fallen 0.16% to 6,130 Japanese yen ($41.06) since the announcement was made during the Feb. 25 lunch break, Google Finance data shows.

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Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb. 21.

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https://warpcast.com/yburilo73/0xc40e3b75

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The survey revealed that Nigerian users have the strongest affinity for stablecoins compared to other countries surveyed. Nigerians transact with stablecoins the most frequently, have the largest share of stablecoins in their portfolios, use them for the widest range of non-crypto purposes, and report the highest self-reported knowledge of stablecoins. Saving money in dollars was their top priority.

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In the Visa-sponsored report, researchers conducted a survey of approximately 500 crypto user individuals in Nigeria, Indonesia, Turkey, Brazil, and India for a total sample of 2,541 adults. While access to crypto remains the most popular motivation to use them, non-crypto uses such as access to dollars, generating yield or transactional purposes are highly popular.

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Referencing the popularity of stablecoin use in remittances, Colombo said:

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“Stablecoins are getting some traction for both domestic and cross-border payments,” Prasad, who teaches Trade Policy at US Cornell University, said to Cointelegraph. “They are already playing a particularly useful role in overcoming the inefficiencies, high costs, and slow processing times for cross-border transactions conducted through traditional payment channels.”

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One of stablecoins’ most powerful use cases comes in the form of cross-border transfer and remittances, particularly in Central America and Africa, with these digital assets providing an alternative for cheaper and faster money flows across international borders. Migrants working in the United States have often found in stablecoins a vehicle for more convenient transfers to families back home,

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Businesses use them to pay for international services, hire remote employees, send dividends, and facilitate remittances, making cross-border transactions more efficient and accessible.

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Similarly, the adoption of such digital assets has been significant as well in Venezuela, which suffers from chronicle inflation as well as a myriad of regulations that make access to foreign currency like the USD highly convoluted. In emerging markets with somewhat more stable currencies like Brazil or Mexico, they can serve a different but equally important purpose: enabling fast, low-cost money transfers without the volatility of traditional cryptocurrencies.

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Though recent monthly data shows a downward trend, rebuilding trust in the local currency will take time in a country long plagued by triple-digit inflation and severe currency devaluations, ensuring sustained demand for stablecoins pegged to the US dollar.

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Joe Doll, the general counsel for NFT marketplace Magic Eden, also told Cointelegraph that Republicans likely have only two years to pass crypto legislation before midterm elections take place.

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Some of crypto's most vocal political opponents include Democrat Senators Elizabeth Warren, Dick Durbin, and California Rep. Brad Sherman — all of whom are still in office after being re-elected in 2024.

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Industry executives and the crypto community have accused Democrats of being anti-crypto and stifling the regulatory process.

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Despite this, challenges remain, as crypto regulations may take a backseat to more pressing political issues or pushback from anti-crypto politicians.

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Stand With Crypto, a crypto advocacy and voter education group, told Cointelegraph that the current Congress has a "mandate" to pass comprehensive crypto regulatory reform. The group said:

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