Stablecoins

Two days ago, the atebites X account pointed out that THORChain’s lending service currently has nowhere near enough bitcoin to repay its creditors. As of the time...

Stablecoins are one of the biggest mistakes ever made in the Bitcoin space. They should be ostracized and discouraged, not embraced.

Latin America is quietly being forced into a carbon market scheme through regional contractual obligations – enforced by the satellites of a US intelligence-linked firm – which seeks to create an inter-continental "smart grid," erode national and local sovereignty, and link carbon-based life to the debt-based monetary system via a Bitcoin sidechain.

A former partner of Farmington State Bank, the tiny rural bank embroiled in the FTX scandal, is now building the rails for CBDCs in the Middle East and beyond. Their recent activities may finally reveal the true motives behind Sam Bankman-Fried’s and his allies’ use of Farmington, with major implications for the coming Digital Dollar.

Bitcoin and Stablecoins have had a strangely symbiotic relationship since the first stablecoin was created. This dynamic could wind up breathing new life into the failing dollar.

Bitcoin Magazine sits down with Walter Hessert, Head of Strategy at Paxos, on PayPal’s PYUSD stablecoin, their recent Venmo Integration, and the broader implications on the Bitcoin market.

Over-collateralized, bitcoin-backed stablecoins are going to be an integral part of hyperbitcoinization.

With the RGB protocol, users can allocate altcoins to Bitcoin UTXOs, enabling stablecoins transfers on the Lightning Network and more.

RGB and Taro, two protocols capable of putting tokens like stablecoins on Bitcoin, have taken different approaches to solving similar problems.

Bitcoin-backed credit built with DeFi represents a stronger and more practical vision of "bitcoin free banking" originally described in 2010 by Hal Finney.