Author: driver789
Dollar stablecoins could improve access to foreign currency in economies with fixed or heavily managed exchange rates, but may also amplify currency runs when pressure on the domestic currency becomes severe, according to a new paper published by the International Monetary Fund (IMF). The findings come from a working paper by economist Brandon Joel Tan. Titled “Stablecoins and Fragility in Fixed Exchange Rate Regimes,” the paper modeled how stablecoins affect parallel foreign-exchange (FX) markets when official dollar access is rationed. The findings highlight that stablecoins can help people get access to dollars when banks or official exchange channels cannot meet demand. However,…
Stablecoins tied to the US dollar could widen access to foreign currency for people in countries with fixed or tightly managed exchange rates, according to a new International Monetary Fund (IMF) working paper. But the same mechanism may also make currency stress worse by accelerating “runs” out of the local currency during periods of severe pressure. The IMF’s analysis, published as a paper by economist Brandon Joel Tan and titled “Stablecoins and Fragility in Fixed Exchange Rate Regimes,” focuses on what happens in parallel foreign-exchange (FX) markets when official dollar channels are rationed. In that setting, the paper argues that…
Hedera’s native token HBAR has fallen more than 2% after blockchain security researchers reported that a suspected exploit had moved more than $5.8 million in assets from the Hedera network to Ethereum. Summary Suspected Hedera exploit moved more than $5.8 million in assets to Ethereum, according to blockchain security researchers. Specter and PeckShield said the attacker bridged funds through LayerZero before swapping WBTC for ETH. HBAR fell more than 2%, trading near $0.069 as the reported exploit unfolded. According to blockchain security researcher Specter, the suspected attacker had already bridged more than $3.7 million worth of assets from Hedera to…
Ethereum’s transition to Proof-of-Stake (PoS) has reduced the blockchain’s annual electricity consumption to just 7.87 gigawatt-hours (GWh), according to a new report published by the Cambridge Centre for Alternative Finance (CCAF). The independent study found that Ethereum now consumes more than 99.98% less electricity than it did before The Merge, marking one of the most significant energy reductions in the blockchain industry. The report provides one of the most detailed assessments of Ethereum’s environmental footprint since the network replaced its energy-intensive Proof-of-Work (PoW) mining model with PoS in September 2022. Researchers analyzed Ethereum’s validator infrastructure, hardware configurations, and geographic distribution…
数据：稳定币总发行量近月减少约 139 亿美元，Tron 链上 USDT 逆势创新高 – BitRss – Crypto World News ChainCatcher 10 minutes ago 3 ChainCatcher 消息，据 EmberCN 监测，受近几个月加密市场整体低迷影响，USDT ($1.00 · Live) 与 USDC ($1.00 · Live) 两大稳定币发行量合计减少约 139 亿美元，其中 USDT 减少约 74 亿美元，USDC 减少约 65 亿美元。不过，稳定币在真实经济场景中的采用仍持续增长。今年上半年，稳定币真实经济交易量（ATV）已达 8.82 万亿美元，接近去年全年创历史新高时的 10.8 万亿美元，其中 USDT 贡献超过一半。在稳定币整体发行量回落的背景下，Tron 链上的 USDT 发行量却逆势升至历史新高的 903 亿美元，过去一个月新增约 20 亿美元。这意味着减少的发行量主要来自以 DeFi 为主的以太坊生态，而 Tron 在跨境转账、支付结算等真实应用场景的需求仍保持稳步增长。 BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage International 数据：稳定币总发行量近月减少约 139 亿美元，Tron 链上 USDT 逆势创新高 BitRss World Crypto…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
A bipartisan U.S. housing bill that includes a ban on central bank digital currency (CBDC) issuance is poised to become law without President Donald Trump’s signature, as the allowable window for action runs out. According to the timeline described in the article, the 21st Century ROAD to Housing Act was on Trump’s desk for 10 days (excluding Sundays) as of early Friday, which is the maximum time the president can let a bill sit without either vetoing it or signing it. The U.S. Constitution provides that a bill becomes law automatically if the president does not take action within that…
The Ethereum Foundation has dissolved its Protocol Support team as part of a broader restructuring that recently cut about 20% of the nonprofit’s workforce. Summary Ethereum Foundation dissolved Protocol Support after five years coordinating upgrades, developer meetings and fellowship programs worldwide. Several team members lost their roles following the Foundation’s broader 20% workforce reduction announced recently. Core protocol work continues under Ethereum Foundation’s new structure, but some support programs face uncertainty. Protocol Support coordinated several parts of Ethereum’s development process. Its work covered core developer meetings, network upgrade tracking, Ethereum Improvement Proposal support and programs that trained new protocol contributors.…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
Bitcoin and Ethereum options worth about $1.75 billion expired on July 10 as traders maintained a cautious view of the crypto market. Summary Bitcoin options worth $1.5 billion expired as traders watched the key $62,000 maximum pain level. Ethereum’s 1.26 put-call ratio reflected unusually high demand for downside protection during the weekly expiry. Institutional traders sold short-term calls, suggesting limited confidence in a sustained crypto market rally ahead. According to data shared by Greeks.live, about 23,000 Bitcoin options expired with a notional value of $1.5 billion. The contracts had a put-call ratio of 0.97 and a maximum pain level of…