This paper focuses on deposit tokens, their use cases and benefits, and how they are distinguished from stablecoins and CBDCs. In doing so, we intend to provide a focused discussion of deposit tokens as a distinct type of digital money.| content by J.P. Morgan
There's no way to sugarcoat this--the cryptocurrency market is facing its worst crisis in 2022. The carnage started on Wednesday after Bitcoin fell below the $29,000 mark. The following day, Terra Luna, the cryptocurrency associated with TerraUSD (UST), suddenly collapsed overnight losing 99% of its value as crypto investors lost their life savings. Terra, which ranked among the top 10 most| Tech Startups - Startups and Technology news
It's a bloodbath Wednesday for cryptocurrency and stablecoins. Earlier today, we wrote about the carnage in the crypto market after Bitcoin fell to a little above $29,000. Since then, the world's most popular cryptocurrency has fallen further to $28,555.90 as of the time of writing. However, the collapse of stablecoin Tera Luna is not receiving| Tech Startups - Startups and Technology news
