🏁 DENTNet is live! 🥳 Today we launched the first global telco blockchain to tokenize and disrupt the global wireless industry. #Staking is now available with DENTX token, the native unit of exchange on #DENTNet. #DENTX#telecom#DENT#5G More info here https://t.co/lu0xYUU0XV
News from #MWC24 🚀 #DENT cooperates with the Mongolian TelcoApp #LIME by integrating the DENT #eSIM. This step is highly supported by the Mongolian government, represented by Battsetseg Bataa, State Secretary of the Ministry of Digital development and communications. #gsma#BTC
Today we are presenting the #DENT eSIM Technology and the new #DENTNet Telecom Blockchain Infrastructure at the 7th World eSIM Summit in Prague! https://t.co/Zbz020Zq5p #5G#GSMA#MVNO#BTC#Polkadot#Blockchain
2️⃣ A major U.S. retailer will accept a cryptocurrency as a form of payment, allowing Americans the ability to use blockchain-based payments for everyday purchases.
3/ Stablecoins dominate outside the US: While USD-backed stablecoins have largely been leaders in the market to date, according to @Chainalysis research, the majority of stablecoin inflows to the 50 biggest cryptocurrency services have shifted from US-licensed services to non-US-licensed services since spring 2023.
In 2024, we will see stablecoins from non-g7 currencies take off - creating a new entry point and gateway to crypto, providing exposure to currencies for consumers and allowing them to pay people and move money in real-time.
2/ Closing in on Traditional Fintech: 2023 saw increased interest in crypto from fintech companies, and according to Ripple’s 2023 New Value Report, 3/4 of financial institutions are likely to explore digital asset services in the next 3 years, especially for cross-border payments. In 2024, we anticipate an increase in fintech + crypto partnerships to close the gap between emerging and existing financial technologies to resolve legacy pain points.
TL;DR – Fintechs must adopt blockchain and crypto to be successful in the year ahead, and we expect to see greater collaboration amongst fintech and
crypto companies to keep up with the pace of innovation.
1/ Utility Boom: In 2024, we expect that funding will rebound with a renewed focus on companies solving real-world problems and not centered purely around infrastructure – we’re going beyond this and focusing on the utility behind the tech.
There’s recently been a major resurgence in payments, with crypto’s democratization of finance front and center. While many have previously focused on the speculative, users are now moving back to the tried and true baseline use case: payments.
Our hearts go out to the people in Morocco🇲🇦
#Binance to donate $3,000,000 in #BNB to our users in Morocco🇲🇦
We standby our users in times of need. Stay strong. 🙏
https://t.co/lQzLvhuuQ3
XRP is not a security.
This victory for @Ripple is a win for the entire industry and a step toward regulatory clarity in the U.S.
A huge thank you to @bgarlinghouse, @chrislarsensf, and @s_alderoty for their leadership and the #XRPCommunity for their continued support.
We are proud of the history of the Polygon network – developed outside the US, deployed outside the US, and focused to this day on the global community that supports the network. MATIC was a necessary part of the Polygon technology from Day 1, ensuring that the network would be secure – and remains so to this day. Given our focus on network security, we made sure MATIC was available to a wide group of persons, but only with actions that did not target the US at any time.
The non-US market is the largest in the world, and we are grateful for all the thoughtful work being done on all aspects of this technology around the globe, including by regulators & policymakers.
We are confident in the actions we took in the past, and how focused we are on building in the future. Exciting tech announcements this week!
Central banks are exploring #CBDCs to enable next-gen financial services.
Our blog highlights CBDC projects across various industries that promote financial inclusion & drive finance innovation. https://t.co/pJmKi6MYFy