Digital Yuan tests and Tether rebalancing with US Treasury Bills

Two major economic powers have been in the news this week. First China with the digital yuan.
Happy reading!


https://cryptonews.com/news/mastercard-looking-make-cryptocurrencies-everyday-way-pay.htm

Mastercard is entering deeper into the traditional payment systems, integrating day after day cryptocurrencies on more circuits.


https://en.cryptonomist.ch/2022/10/14/thud-logan-pauls-nft/

Do not get too much hyped. Always check the utility of what you are buying. Also big InfluenZers can be InfluenZed by NFT and token depreciation.


https://decrypt.co/111667/ethereum-addresses-now-searchable-on-google
Now looking for Ethereum address is possible simply searching the Address string into the Google Search Engine. Useful or not? Well, you can still simply go to etherscan and look for addresses there.


https://cointelegraph.com/news/bank-of-china-digital-yuan-transactions-volume-crossed-14b-mark

Digital Yuan is going to be released soon into the market and that may be the first large-scale test for CBDCs into the market. Brace yourself since full transparency (control) of money (freedom) will soon be completely digitized (centralized).

https://www.cnbc.com/2022/10/13/tether-worlds-biggest-stablecoin-cuts-commercial-paper-to-zero.html

Tether is converting its backing from commercial paper (short term unsecured debt issued by corporations) to US Treasury Bills, moving from 43.5% to 58.1% in US Treasury Bills.
This action is intended to increase transparency for their quarterly report.
But, how long is the US dollar going to last, according to these latest World scenario and the running inflation?


https://cryptonews.com/news/opensea-nft-marketplace-launches-avalanche-blockchain.htm

After Solana, Opensea adds Avalanche among the networks increasing its presence into the market despite the resignation of Brian Roberts, Opensea’s CFO for the last 10 months.



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