It's been an activity-filled September, from the #BNBChainHackathon to @taskonxyz's 2nd Anniversary🎉 We're gonna keep this momentum going straight into October. Let's go!🔥
🥳September Highlights: https://t.co/aANFTOPo2p
✅Sponsored the @BNBCHAIN Q3 #Hackathon, now in incubation.
✅Celebrated @taskonxyz's 2nd anniversary with 300 #TUSD + $20K in rewards.
✅Wished @PancakeSwap a happy 4th anniversary!
✅Published our #StablecoinMythBusting recap on Medium.
Congrats to the top 10 projects in the #BNBChainHackathon2024 Q3! 🙌
Join our online Demo Day on Sep 24, 13:00 UTC:
https://t.co/w35u5ap9k1
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Oh, it's actually quite a commonly discussed topic, especially a few years back!
Some results I got from a quick Google search: various types of stablecoins have been accused of being a fad, e.g. private stablecoins (https://t.co/ZjJVsSlil3), gold stablecoins (https://t.co/Q5Ztmvtxp8), even all stablecoins in general (https://t.co/HupIOxx8Np).
It's great that you and your circles haven't fallen for this myth, but many have! We do see increasing awareness of the value of stablecoins though, so that's heartening💪
❌MYTH #5: Stablecoins are just a passing crypto trend.
✅REALITY: Stablecoins have proven they have real utility and applicability, and aren't just a fad.
There has been consistent increase in user adoption, Web2 & TradFi companies entering the stablecoin space, and increased regulatory focus.
The signs are clear: stablecoins are here to stay. @tusdio, for one, is in this for the long run.
There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting
⌛️The countdown is on, with less than 7 days to go! There’s still a great chance to join the celebration and win rewards.🎁
🌟Have you participated in TaskOn’s anniversary festivities yet?
BNB Chain Q3 Hackathon submissions are now under review! 🤓
We're thrilled to announce that we received an incredible 186 submissions—thank you to everyone who contributed!
Due to the overwhelming response, we're adjusting our timeline:
🔸 Top 10 Demo Day: 24th September
🔸 Winner Announcement: 27th September
Stay tuned for the Top 10! Our judges need a bit more time to thoroughly review each one. 🙌
A big thanks to our sponsors: @DoraFactory, @tusdio, @SonorusOfficial, @PolyhedraZK, @ThenaFi_, @dego_finance, @Stake_Stone, @myshell_ai, and @hackenclub
❌MYTH #4: Using stablecoins is complicated.
✅REALITY: The technology behind stablecoins can be complex, but using them can be straightforward. Many platforms/wallets make it easy to buy, sell, and use stablecoins.
Stablecoins can often be a gateway to digital finance for people new to it. In fact, @tusdio's mission is to make finance open and accessible to all.
There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting
What an enriching month August has been for #TUSD. From the #StablecoinMythbusting series right here to the hackathon at BNB Chain, the innovation and learning never stops!🌱
🥳#TrueUSD August Highlights:
✅The Q3 2024 @BNBChain#Hackathon, proudly sponsored by TrueUSD, has now reached the project evaluation stage.
✅Our Head of Communication, @yvonnetusd, has launched a new #stablecoin education series on X.
👇Learn more: https://t.co/eSTnpKP8Nr
🎂TrueUSD is thrilled to celebrate @taskonxyz’s 2nd Birthday!
🎁From September 2nd-15th, join the fun with exciting sprints and a chance to win from a 300 #TUSD prize pool + $20K+ in event pool! Don’t miss out on the party!
🔗https://t.co/Eq6niXk1z2
🥳Join in and celebrate #TaskOnTurns2!
❌MYTH #3: Stablecoins = safe.
✅REALITY: All assets carry risk. Even within stablecoins, security levels vary.
Look at the stablecoin's collateralization mechanism, the transparency of its reserves, the frequency of audits (if any!), the credibility of its issuer...These can vary greatly.
Among all stablecoins, fiat-backed ones like @tusdio are generally considered to have less volatility and a more stable value.
Remember, #DYOR & #NFA.
There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting
🚨 Only 7 days left to submit your project for the BNB Chain Q3 Hackathon!
With a $500K+ prize pool, direct interviews with the MVB program, kickstart packages, and more, it's time to take your project to the next level!
Submit now: https://t.co/ROF64TE7xC
And win a share of $100K in sponsor challenges!
🔗 https://t.co/cgK0G2CUY0
Thanks to our amazing sponsors:
@DoraFactory@tusdio@SonorusOfficial@PolyhedraZK@ThenaFi_@dego_finance@Stake_Stone@myshell_ai@hackenclub
❌MYTH: Stablecoins are just for holding.
✅REALITY: Being a stable store of value is only one of stablecoins' many use cases.
Stablecoins can also be used for daily transactions, remittances, DeFi lending and trading protocols, etc. More real-world applications are emerging as well!
There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting #TUSD
❌MYTH: Stablecoins are the same as fiat money.
✅REALITY: First, not all stablecoins are backed by fiat.
Even fiat-backed stablecoins like @tusdio have crucial differences from fiat money: lower fees, faster transfers, accessibility to people who can't open a bank account in that currency, eg USD.
There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting
🥳#TrueUSD July Highlights:
✅The highlight event of the month is Q3 of the BNBChain 2024 Hackathon, of which we are a proud annual sponsor.
✅@yvonnetusd, Head of Communication, delivered a speech at the opening ceremony.
👇Learn more: https://t.co/w22XgKR0b6
Payment streaming🤝#Stablecoins
A natural partnership of two powerhouses made for each other
Payment streams need reliable mediums of exchange—payrolls, subscription bills must have consistent value each time. Stablecoins are perfect for this✌️
Such collaborations will change the future of payments. @MetalXApp👋
The Power of Payment Streaming on Metal X
In the digital age, the way we manage and execute payments is undergoing a revolutionary transformation. At the forefront of this change is Metal X, an innovative platform that harnesses the power of payment streaming to redefine how transactions are conducted.
Payment streaming on Metal X offers a seamless, efficient, and secure method for managing payments in real-time, providing unparalleled benefits for both individuals and businesses.
What is Payment Streaming?
Payment streaming is a cutting-edge technology that allows for continuous, real-time transfer of funds. Unlike traditional payment methods, which often involve delays and intermediaries, payment streaming ensures that money flows smoothly and instantly between parties. This technology is particularly beneficial for scenarios requiring ongoing payments, such as subscription services, payroll, and freelance contracts.
Advantages of Payment Streaming on Metal X
Real-Time Transactions
Metal X leverages payment streaming to facilitate instantaneous transactions. This real-time capability eliminates the typical waiting periods associated with traditional banking systems, making it ideal for time-sensitive payments and reducing the risk of payment delays.
Enhanced Security
Security is a paramount concern in financial transactions.
Metal X employs advanced encryption and blockchain technology to secure payment streams. By using decentralized ledger technology, Metal X ensures that all transactions are transparent, tamper-proof, and resistant to fraud.
Cost Efficiency
Traditional payment methods often incur significant fees due to multiple intermediaries and processing steps. Metal X's payment streaming reduces these costs by streamlining the transaction process, providing a more cost-effective solution for both senders and recipients.
Flexibility and Control
Payment streaming on Metal X offers users unparalleled flexibility and control over their payments. Users can set parameters for the payment streams, such as frequency, duration, and amount, allowing for precise and customizable financial management.
Improved Cash Flow Management
For businesses, managing cash flow is critical. Payment streaming enables businesses to better align their revenue streams with their expenses, providing a steady flow of funds that can improve liquidity and financial stability.
Use Cases of Payment Streaming on Metal X
1. Subscription Services
Subscription-based businesses can greatly benefit from payment streaming by ensuring a continuous flow of revenue. This approach enhances customer experience by providing uninterrupted access to services and simplifies billing processes.
2. Payroll Management
Employers can use payment streaming to provide real-time compensation to employees, ensuring timely payments and increasing employee satisfaction. This is particularly beneficial for gig economy workers and freelancers who rely on immediate payments.
3. Investment and Dividends
Investors can receive dividends in real-time through payment streaming, ensuring that they have immediate access to their earnings. This real-time approach can enhance investment experiences and encourage more active participation in financial markets.
Conclusion
The power of payment streaming on Metal X is transforming the landscape of financial transactions.
By offering real-time, secure, and cost-efficient payments, Metal X is setting a new standard for how money moves in the digital era.
As more individuals and businesses adopt this innovative technology, the benefits of payment streaming will continue to drive financial efficiency and security across various sectors.
Metal X is not just a platform; it's a revolution in the way we think about and manage payments.
https://t.co/rQmTBmf53l
📊 State of Stablecoins - 2024 H1
$BTC touched a new all-time high in March, ushering a new bull market.
For stablecoins, the flood of new capital meant growing supply for the 9th consecutive month.
Let's look at the data and find out the winners. See our key takeaways! ⬇️
Donald Trump's speech transcript:
Bitcoin
Gensler
Bitcoin
We will create a framework to enable the safe, responsible expansion of stablecoins
Bitcoin
Bitcoin
Bitcoin...