Is Bitcoin denting the economy?
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So how big an impact are bitcoins really having on the global economy? The latest market stats show the digital currency continues to show a growing influence on "real" money.
Among some recent stats:
- As of April 2013, more than 11 million bitcoins have been mined so far;
- The market cap for bitcoins now exceeds $1 billion (US), and briefly stood at a high of over $2.6 billion;
- The value for a bitcoin reached a high of $237.57 in April 2013 before crashing to a low of $83.66 in a matter of days. While the value has recovered some, even the low far exceeds the $4.98 bitcoin value in early 2012.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
