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Hi there,
I was telling a friend recently about coming across a crypto scam.
His response: “Sounds like the entire industry.” I could only laugh.
Even as someone who’s optimistic about blockchain, I have to agree that the reputation of the crypto industry is in tatters among non-tech folks. And a lot of this negative publicity is self-inflicted.
But ignore the crypto bros flaunting their bags and flashy cars for a moment. There’s plenty of crypto builders who really believe in the tech, and I don’t mean that ironically.
You’ll find that Token Issue features the projects of these people a lot. In this edition, we cover Binance’s foray into stablecoins and the new developments in the space, as well as a promising NFT protocol that might break out soon.
— Terence
THE BIG STORY
Binance’s big BUSD push heralds a stablecoin summer
Image credit: Timmy Loen
Stablecoins, in my opinion, are crucial for crypto to reach mass adoption.
And despite the market winter, we may unsurprisingly be entering stablecoin season. In fact, bleak times make less risky assets like stablecoins more attractive.
In this subscriber-only analysis, we look at how various crypto players like Binance, Aave, and Curve want stablecoins to play a bigger role in their domains.
What exactly is motivating them to do this? It’s certainly about improving user experience and making more moolah. Read on to get the full breakdown.
⭐ TO THE STARS
🌙 TO THE MOON
🌏 BACK TO EARTH
STILL A PONZI SCHEME
MORE TO CHEW ON:
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