Few more Ambassadors joined us at CoinStudy
Welcome,
@Kabir_Hafs@mzain2292@0xfarmacist
out of 28 applications 3 got approved.
How to Become a CoinStudy Ambassador ?
1. Follow CoinStudy on X (Twitter) and stay active in the community
2. Share CoinStudy research, updates, and educational content
3. Engage in discussions and contribute valuable feedback
4. Submit your ambassador application for review
Three new coins are being analyzed and listed on CoinStudy today i.e.
1. Falcon USD
2. c8ntinuum
3. Jupiter Perps LP
for detail analysis visit the official web now.
We analyzed few more projects at CoinStudy today and shared the airdrop strategy.
It's simple, clean and easy step by step guide.
visit official web now.
Many of you asked about USDT and dollar pegged stablecoins.
mostly are confusing structure of issuance with their own usage.
Here's our official position:
π΄ Structure = Haram
(Tether holds interest bearing Treasury bills, that stabilize the USDT value - sin belongs to Tether)
β Usage as medium of exchange = Scholarly disagreement exists
(Some scholars including our Chairman Board Dr. Usman Quddus permits using it for payments/trading)
Our HCS verdict remains Haram based on structural compliance but allowed the usage as medium of exchange.
Our Shariah Board acknowledges that some contemporary Islamic finance scholars consider using stablecoins purely as a medium of exchange permissible, since the prohibited act belongs to the issuer, not the user.
We've updated all 11 stablecoin analyses with a full
Scholarly Disagreement note which was not included before.
Always consult a qualified Islamic scholar for your
personal ruling.
We have 6 more coins / tokens are being analyzed at CoinStudy today i.e.
1. Rain
2. Ondo US Dollar Yield
3. GHO
4. Usual USD
5. USDai
6. edgeX
visit official web now.
USDT and other stablecoins are Haram but normal USD and FIAT are not why?
This question came from the community Yesterday.
That will be answered today.
Stay tuned and keep visiting our official web.