Ultimate magazine theme for WordPress.
  • bitcoinBitcoin (BTC) $ 63,780.00
  • ethereumEthereum (ETH) $ 3,056.69
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 556.86
  • solanaSolana (SOL) $ 142.27
  • usd-coinUSDC (USDC) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,054.23
  • xrpXRP (XRP) $ 0.506098
  • dogecoinDogecoin (DOGE) $ 0.155509
  • the-open-networkToncoin (TON) $ 6.10
  • cardanoCardano (ADA) $ 0.477929
  • shiba-inuShiba Inu (SHIB) $ 0.000023
  • avalanche-2Avalanche (AVAX) $ 34.96
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 63,842.00
  • tronTRON (TRX) $ 0.110393
  • bitcoin-cashBitcoin Cash (BCH) $ 478.78
  • polkadotPolkadot (DOT) $ 6.74
  • chainlinkChainlink (LINK) $ 14.05
  • internet-computerInternet Computer (ICP) $ 14.32
  • matic-networkPolygon (MATIC) $ 0.677808
  • litecoinLitecoin (LTC) $ 81.44
  • nearNEAR Protocol (NEAR) $ 5.64
  • uniswapUniswap (UNI) $ 7.56
  • leo-tokenLEO Token (LEO) $ 5.80
  • daiDai (DAI) $ 1.00
  • aptosAptos (APT) $ 9.47
  • ethereum-classicEthereum Classic (ETC) $ 26.22
  • mantleMantle (MNT) $ 1.14
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • blockstackStacks (STX) $ 2.43
  • filecoinFilecoin (FIL) $ 6.24
  • okbOKB (OKB) $ 54.98
  • crypto-com-chainCronos (CRO) $ 0.123632
  • stellarStellar (XLM) $ 0.112735
  • cosmosCosmos Hub (ATOM) $ 8.24
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,088.82
  • render-tokenRender (RNDR) $ 7.93
  • arbitrumArbitrum (ARB) $ 1.13
  • vechainVeChain (VET) $ 0.040904
  • immutable-xImmutable (IMX) $ 2.04
  • bittensorBittensor (TAO) $ 445.04
  • hedera-hashgraphHedera (HBAR) $ 0.081105
  • dogwifcoindogwifhat (WIF) $ 2.84
  • makerMaker (MKR) $ 2,963.04
  • kaspaKaspa (KAS) $ 0.112849
  • injective-protocolInjective (INJ) $ 27.78
  • the-graphThe Graph (GRT) $ 0.260645
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • optimismOptimism (OP) $ 2.24
  • wrapped-eethWrapped eETH (WEETH) $ 3,169.49
  • fetch-aiFetch.ai (FET) $ 2.15
  • pepePepe (PEPE) $ 0.000005
  • moneroMonero (XMR) $ 116.89
  • theta-tokenTheta Network (THETA) $ 2.09
  • celestiaCelestia (TIA) $ 10.98
  • fantomFantom (FTM) $ 0.692451
  • arweaveArweave (AR) $ 28.60
  • coredaoorgCore (CORE) $ 2.06
  • lido-daoLido DAO (LDO) $ 2.00
  • thorchainTHORChain (RUNE) $ 5.32
  • bitget-tokenBitget Token (BGB) $ 1.25
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,376.49
  • suiSui (SUI) $ 1.34
  • galaGALA (GALA) $ 0.045129
  • sei-networkSei (SEI) $ 0.557965
  • quant-networkQuant (QNT) $ 105.44
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,135.54
  • beam-2Beam (BEAM) $ 0.027515
  • ethenaEthena (ENA) $ 1.02
  • algorandAlgorand (ALGO) $ 0.176543
  • jupiter-exchange-solanaJupiter (JUP) $ 1.06
  • whitebitWhiteBIT Coin (WBT) $ 9.64
  • flokiFLOKI (FLOKI) $ 0.000140
  • flowFlow (FLOW) $ 0.884549
  • bitcoin-svBitcoin SV (BSV) $ 65.99
  • neoNEO (NEO) $ 18.30
  • aaveAave (AAVE) $ 86.59
  • flare-networksFlare (FLR) $ 0.032472
  • bittorrentBitTorrent (BTT) $ 0.000001
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,050.85
  • dydx-chaindYdX (DYDX) $ 2.28
  • tokenize-xchangeTokenize Xchange (TKX) $ 14.11
  • singularitynetSingularityNET (AGIX) $ 0.879993
  • elrond-erd-2MultiversX (EGLD) $ 41.28
  • ondo-financeOndo (ONDO) $ 0.743054
  • zebec-protocolZebec Protocol (ZBC) $ 0.020959
  • wormholeWormhole (W) $ 0.587455
  • ecasheCash (XEC) $ 0.000051
  • the-sandboxThe Sandbox (SAND) $ 0.447221
  • roninRonin (RON) $ 3.19
  • axie-infinityAxie Infinity (AXS) $ 6.98
  • bonkBonk (BONK) $ 0.000015
  • havvenSynthetix Network (SNX) $ 3.01
  • chilizChiliz (CHZ) $ 0.110441
  • ribbon-financeRibbon Finance (RBN) $ 1.00
  • tezosTezos (XTZ) $ 0.994161
  • ordinalsORDI (ORDI) $ 46.08
  • worldcoin-wldWorldcoin (WLD) $ 4.94
  • conflux-tokenConflux (CFX) $ 0.237801
  • cheeleeCheelee (CHEEL) $ 16.37
  • gatechain-tokenGate (GT) $ 6.93
  • pyth-networkPyth Network (PYTH) $ 0.607109
  • eosEOS (EOS) $ 0.789283
  • gnosisGnosis (GNO) $ 347.12
  • akash-networkAkash Network (AKT) $ 3.87
  • jasmycoinJasmyCoin (JASMY) $ 0.018381
  • starknetStarknet (STRK) $ 1.22
  • mina-protocolMina Protocol (MINA) $ 0.809676
  • msolMarinade staked SOL (MSOL) $ 168.11
  • kucoin-sharesKuCoin (KCS) $ 8.98
  • nervos-networkNervos Network (CKB) $ 0.019543
  • decentralandDecentraland (MANA) $ 0.440458
  • apecoinApeCoin (APE) $ 1.24
  • axelarAxelar (AXL) $ 1.20
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,078.43
  • dexeDeXe (DEXE) $ 13.02
  • echelon-primeEchelon Prime (PRIME) $ 19.54
  • iotaIOTA (IOTA) $ 0.227581
  • kavaKava (KAVA) $ 0.675170
  • usddUSDD (USDD) $ 0.984107
  • dydxdYdX (ETHDYDX) $ 2.29
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.80
  • aerodrome-financeAerodrome Finance (AERO) $ 1.67
  • nexoNEXO (NEXO) $ 1.22
  • klay-tokenKlaytn (KLAY) $ 0.187391
  • frax-etherFrax Ether (FRXETH) $ 3,046.39
  • oasis-networkOasis Network (ROSE) $ 0.099674
  • dymensionDymension (DYM) $ 4.04
  • aioz-networkAIOZ Network (AIOZ) $ 0.609834
  • heliumHelium (HNT) $ 3.99
  • lido-staked-solLido Staked SOL (STSOL) $ 167.45
  • fraxFrax (FRAX) $ 0.999286
  • swethSwell Ethereum (SWETH) $ 3,210.92
  • bitcoin-goldBitcoin Gold (BTG) $ 35.66
  • corgiaiCorgiAI (CORGIAI) $ 0.001781
  • blurBlur (BLUR) $ 0.393562
  • illuviumIlluvium (ILV) $ 95.55
  • osmosisOsmosis (OSMO) $ 0.924142
  • astarAstar (ASTR) $ 0.104906
  • tether-goldTether Gold (XAUT) $ 2,394.23
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000101
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000028
  • book-of-memeBOOK OF MEME (BOME) $ 0.010415
  • mantra-daoMANTRA (OM) $ 0.702371
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,256.84
  • theta-fuelTheta Fuel (TFUEL) $ 0.086783
  • pendlePendle (PENDLE) $ 5.84
  • radixRadix (XRD) $ 0.053258
  • fasttokenFasttoken (FTN) $ 1.78
  • woo-networkWOO (WOO) $ 0.296182
  • xdce-crowd-saleXDC Network (XDC) $ 0.039265
  • ocean-protocolOcean Protocol (OCEAN) $ 0.884126
  • based-brettBrett (BRETT) $ 0.061985
  • mx-tokenMX (MX) $ 5.35
  • wemix-tokenWEMIX (WEMIX) $ 1.47
  • iotexIoTeX (IOTX) $ 0.055071
  • curve-dao-tokenCurve DAO (CRV) $ 0.435391
  • true-usdTrueUSD (TUSD) $ 1.00
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,308.13
  • altlayerAltLayer (ALT) $ 0.393456
  • 1inch1inch (1INCH) $ 0.416231
  • enjincoinEnjin Coin (ENJ) $ 0.335480
  • pups-ordinalsPUPS (Ordinals) (PUPS) $ 63.13
  • skaleSKALE (SKL) $ 0.092622
  • ankrAnkr Network (ANKR) $ 0.046927
  • polymeshPolymesh (POLYX) $ 0.451595
  • stepnGMT (GMT) $ 0.239217
  • jeo-bodenJeo Boden (BODEN) $ 0.668017
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • manta-networkManta Network (MANTA) $ 1.85
  • zilliqaZilliqa (ZIL) $ 0.025033
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.005143
  • superfarmSuperVerse (SUPER) $ 1.01
  • apenftAPENFT (NFT) $ 0.00000046
  • 0x0x Protocol (ZRX) $ 0.522851
  • pax-goldPAX Gold (PAXG) $ 2,398.25
  • rocket-poolRocket Pool (RPL) $ 21.55
  • ethereum-name-serviceEthereum Name Service (ENS) $ 14.06
  • memecoin-2Memecoin (MEME) $ 0.026163
  • degen-baseDegen (Base) (DEGEN) $ 0.034812
  • celoCelo (CELO) $ 0.807477
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.96
  • livepeerLivepeer (LPT) $ 13.38
  • ravencoinRavencoin (RVN) $ 0.030964
  • qtumQtum (QTUM) $ 4.06
  • jito-governance-tokenJito (JTO) $ 3.63
  • ether-fiEther.fi (ETHFI) $ 3.66
  • holotokenHolo (HOT) $ 0.002351
  • amp-tokenAmp (AMP) $ 0.007400
  • terra-luna-2Terra (LUNA) $ 0.605712
  • compound-wrapped-btccWBTC (CWBTC) $ 1,280.93
  • aelfaelf (ELF) $ 0.559894
  • raydiumRaydium (RAY) $ 1.55
  • siacoinSiacoin (SC) $ 0.007023
  • frax-shareFrax Share (FXS) $ 5.03
  • project-galaxyGalxe (GAL) $ 3.69
  • biconomyBiconomy (BICO) $ 0.513896
  • saga-2Saga (SAGA) $ 4.24
  • safepalSafePal (SFP) $ 0.825978
  • compound-governance-tokenCompound (COMP) $ 55.35
  • origintrailOriginTrail (TRAC) $ 0.933737
  • stader-ethxStader ETHx (ETHX) $ 3,135.52
  • golemGolem (GLM) $ 0.373840
  • basic-attention-tokenBasic Attention (BAT) $ 0.249973
  • casper-networkCasper Network (CSPR) $ 0.030850
  • centrifugeCentrifuge (CFG) $ 0.746358
  • arkhamArkham (ARKM) $ 1.73
  • gasGas (GAS) $ 5.44
  • metis-tokenMetis (METIS) $ 62.54
  • dashDash (DASH) $ 29.75
  • ontologyOntology (ONT) $ 0.391627
  • nosanaNosana (NOS) $ 4.15
  • space-idSPACE ID (ID) $ 0.801255
  • decredDecred (DCR) $ 21.23
  • nemNEM (XEM) $ 0.037467
  • zcashZcash (ZEC) $ 22.45
  • threshold-network-tokenThreshold Network (T) $ 0.034877
  • rollbit-coinRollbit Coin (RLB) $ 0.120656
  • mask-networkMask Network (MASK) $ 3.45
  • compound-ethercETH (CETH) $ 61.47
  • aragonAragon (ANT) $ 8.16
  • pixelsPixels (PIXEL) $ 0.426078
  • zelcashFlux (FLUX) $ 0.917525
  • loopringLoopring (LRC) $ 0.255351
  • chiaChia (XCH) $ 30.58
  • desoDecentralized Social (DESO) $ 29.33
  • reserve-rights-tokenReserve Rights (RSR) $ 0.005938
  • zetachainZetaChain (ZETA) $ 1.24
  • justJUST (JST) $ 0.032605
  • kusamaKusama (KSM) $ 31.51
  • api3API3 (API3) $ 2.39
  • yield-guild-gamesYield Guild Games (YGG) $ 0.874175
  • gmxGMX (GMX) $ 28.70
  • vethor-tokenVeThor (VTHO) $ 0.003601
  • wrapped-centrifugeWrapped Centrifuge (WCFG) $ 0.749501
  • ssv-networkSSV Network (SSV) $ 37.85
  • moonbeamMoonbeam (GLMR) $ 0.312745
  • omni-networkOmni Network (OMNI) $ 25.77
  • pocket-networkPocket Network (POKT) $ 0.159183
  • chex-tokenCHEX Token (CHEX) $ 0.263894
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 39.77
  • goldfinchGoldfinch (GFI) $ 3.63
  • nxmNexus Mutual (NXM) $ 62.58
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • osaka-protocolOsaka Protocol (OSAK) $ 0.00000033
  • coin98Coin98 (C98) $ 0.284406
  • liskLisk (LSK) $ 1.75
  • harmonyHarmony (ONE) $ 0.020534
  • chromawayChromia (CHR) $ 0.309612
  • rss3RSS3 (RSS3) $ 0.372176
  • wavesWaves (WAVES) $ 2.51
  • oec-tokenOKT Chain (OKT) $ 14.02
  • paal-aiPAAL AI (PAAL) $ 0.383619
  • aleph-zeroAleph Zero (AZERO) $ 0.800965
  • ongOntology Gas (ONG) $ 0.656021
  • beldexBeldex (BDX) $ 0.038578
  • 0x0-ai-ai-smart-contract0x0.ai: AI Smart Contract (0X0) $ 0.276890
  • dao-makerDAO Maker (DAO) $ 1.05
  • pay-coinPaycoin (PCI) $ 0.239925
  • wilder-worldWilder World (WILD) $ 0.874933
  • kadenaKadena (KDA) $ 0.887108
  • alexgoALEX Lab (ALEX) $ 0.335462
  • telcoinTelcoin (TEL) $ 0.003062
  • tensetTenset (10SET) $ 1.43
  • kujiraKujira (KUJI) $ 1.92
  • creditcoin-2Creditcoin (CTC) $ 0.700907
  • yearn-financeyearn.finance (YFI) $ 6,966.22
  • iconICON (ICX) $ 0.233042
  • waxWAX (WAXP) $ 0.067248
  • audiusAudius (AUDIO) $ 0.185883
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,167.48
  • lcxLCX (LCX) $ 0.287605
  • arcblockArcblock (ABT) $ 2.26
  • tribe-2Tribe (TRIBE) $ 0.486908
  • magaMAGA (TRUMP) $ 4.78
  • digibyteDigiByte (DGB) $ 0.012850
  • balancerBalancer (BAL) $ 3.88
  • vanar-chainVanar Chain (VANRY) $ 0.155512
  • slerfSlerf (SLERF) $ 0.432741
  • umaUMA (UMA) $ 2.70
  • syscoinSyscoin (SYS) $ 0.272680
  • band-protocolBand Protocol (BAND) $ 1.50
  • propyPropy (PRO) $ 3.66
  • ampleforthAmpleforth (AMPL) $ 1.04
  • convex-financeConvex Finance (CVX) $ 2.55
  • bitcoin-avalanche-bridged-btc-bBitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 63,789.00
  • mog-coinMog Coin (MOG) $ 0.00000053
  • rif-tokenRSK Infrastructure Framework (RIF) $ 0.206648
  • swissborgSwissBorg (BORG) $ 0.209167
  • linkFINSCHIA (FNSA) $ 26.28
  • swipeSXP (SXP) $ 0.342732
  • olympusOlympus (OHM) $ 12.50
  • synapse-2Synapse (SYN) $ 1.08
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • neutron-3Neutron (NTRN) $ 0.724895
  • magicMagic (MAGIC) $ 0.790045
  • iexec-rlciExec RLC (RLC) $ 2.73
  • the-doge-nftThe Doge NFT (DOG) $ 0.013136
  • alephiumAlephium (ALPH) $ 2.91
  • marlinMarlin (POND) $ 0.024144
  • strideStride (STRD) $ 2.16
  • xai-blockchainXai (XAI) $ 0.700608
  • delysiumDelysium (AGI) $ 0.256055
  • airtor-protocolAirTor Protocol (ATOR) $ 2.63
  • guildfiGuildFi (GF) $ 0.328206
  • tbtctBTC (TBTC) $ 63,700.00
  • world-mobile-tokenWorld Mobile Token (WMT) $ 0.328478
  • helium-mobileHelium Mobile (MOBILE) $ 0.002102
  • sushiSushi (SUSHI) $ 0.947620
  • vvs-financeVVS Finance (VVS) $ 0.000004
  • cotiCOTI (COTI) $ 0.115894
  • seedify-fundSeedify.fund (SFUND) $ 2.85
  • prometeusProm (PROM) $ 9.89
  • bloxBlox (CDT) $ 0.288100
  • joeJOE (JOE) $ 0.523753
  • iostokenIOST (IOST) $ 0.009523
  • coq-inuCoq Inu (COQ) $ 0.000003
  • pundi-x-2Pundi X (PUNDIX) $ 0.687860
  • boraBORA (BORA) $ 0.169511
  • dusk-networkDusk (DUSK) $ 0.386341
  • oraichain-tokenOraichain (ORAI) $ 11.07
  • bitkub-coinBitkub Coin (KUB) $ 1.98
  • bluzelleBluzelle (BLZ) $ 0.404826
  • wen-4Wen ($WEN) $ 0.000237
  • multibitMultibit (MUBI) $ 0.181746
  • bitcoin-wizardsBitcoin Wizards (WZRD) $ 7.74
  • portal-2Portal (PORTAL) $ 1.02
  • genesysgo-shadowShadow Token (SHDW) $ 1.06
  • smooth-love-potionSmooth Love Potion (SLP) $ 0.004090
  • aevo-exchangeAevo (AEVO) $ 1.52
  • orbsOrbs (ORBS) $ 0.038869
  • ecomiECOMI (OMI) $ 0.000611
  • humans-aiHumans.ai (HEART) $ 0.029749
  • virtual-protocolVirtual Protocol (VIRTUAL) $ 0.165677
  • alchemix-usdAlchemix USD (ALUSD) $ 0.987079
  • alchemy-payAlchemy Pay (ACH) $ 0.032924
  • venusVenus (XVS) $ 10.41
  • bone-shibaswapBone ShibaSwap (BONE) $ 0.654581
  • noia-networkSyntropy (NOIA) $ 0.205272
  • crown-by-third-time-gamesCrown by Third Time Games (CROWN) $ 1.02
  • unizenUnizen (ZCX) $ 0.234032
  • stratisStratis (STRAX) $ 0.084656
  • toshiToshi (TOSHI) $ 0.000391
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 14.65
  • guild-of-guardiansGuild of Guardians (GOG) $ 0.281156
  • cartesiCartesi (CTSI) $ 0.203149
  • numeraireNumeraire (NMR) $ 25.37
  • nodeaiNodeAI (GPU) $ 1.62
  • h2o-daoH2O Dao (H2O) $ 0.197587
  • everipediaIQ (IQ) $ 0.008722
  • escoin-tokenEscoin (ELG) $ 1.11
  • terrausdTerraClassicUSD (USTC) $ 0.017385
  • myroMyro ($MYRO) $ 0.154892
  • songbirdSongbird (SGB) $ 0.010443
  • boba-networkBoba Network (BOBA) $ 0.402990
  • edu-coinOpen Campus (EDU) $ 0.589257
  • celer-networkCeler Network (CELR) $ 0.027035
  • statusStatus (SNT) $ 0.038433
  • power-ledgerPowerledger (POWR) $ 0.294309
  • popcatPopcat (POPCAT) $ 0.155283
  • big-timeBig Time (BIGTIME) $ 0.183387
  • gxchainGXChain (GXC) $ 1.97
  • tokenfiTokenFi (TOKEN) $ 0.106536
  • smardexSmarDex (SDEX) $ 0.017785
  • milady-meme-coinMilady Meme Coin (LADYS) $ 0.00000017
  • entangleEntangle (NGL) $ 1.20
  • opsecOpSec (OPSEC) $ 1.50
  • nanoNano (XNO) $ 1.07
  • gmt-tokenGomining Token (GMT) $ 0.334889
  • tellorTellor Tributes (TRB) $ 55.00
  • tectumTectum (TET) $ 19.23
  • autonolasAutonolas (OLAS) $ 3.22
  • telosTelos (TLOS) $ 0.336126
  • hiveHive (HIVE) $ 0.323996
  • pundi-xPundi X [OLD] (NPXS) $ 0.000584
  • dora-factory-2Dora Factory (DORA) $ 0.137353
  • hooked-protocolHooked Protocol (HOOK) $ 0.945261
  • huobi-btcHuobi BTC (HBTC) $ 15,131.37
  • origin-etherOrigin Ether (OETH) $ 3,036.22
  • paxos-standardPax Dollar (USDP) $ 1.01
  • insureinSure DeFi (SURE) $ 0.005068
  • allianceblock-nexeraAllianceBlock Nexera (NXRA) $ 0.169982
  • sun-tokenSun Token (SUN) $ 0.013651
  • arkARK (ARK) $ 0.745492
  • metars-genesisMetars Genesis (MRS) $ 1.59
  • victoria-vrVictoria VR (VR) $ 0.020865
  • constellation-labsConstellation (DAG) $ 0.044453
  • hivemapperHivemapper (HONEY) $ 0.102746
  • stasis-eursSTASIS EURO (EURS) $ 1.07
  • civicCivic (CVC) $ 0.165717
  • dioneDione (DIONE) $ 0.013996
  • btse-tokenBTSE Token (BTSE) $ 0.809000
  • zencashHorizen (ZEN) $ 8.78
  • dentDent (DENT) $ 0.001345
  • covalentCovalent (CQT) $ 0.201192
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.025147
  • hashaiHashAI (HASHAI) $ 0.001438
  • l7dexL7DEX (LSD) $ 2.66
  • mass-vehicle-ledgerMVL (MVL) $ 0.005138
  • zignalyZignaly (ZIG) $ 0.088282
  • nymNym (NYM) $ 0.176209
  • ultimaUltima (ULTIMA) $ 4,612.72
  • truefiTrueFi (TRU) $ 0.112148
  • spell-tokenSpell (SPELL) $ 0.000883
  • phaPhala (PHA) $ 0.194282
  • aurora-nearAurora (AURORA) $ 0.276326
  • gearboxGearbox (GEAR) $ 0.023511
  • sovrynSovryn (SOV) $ 2.06
  • cudosCudos (CUDOS) $ 0.017530
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.04
  • mapleMaple (MPL) $ 15.67
  • solidus-aitechSolidus Ai Tech (AITECH) $ 0.220201
  • hashflowHashflow (HFT) $ 0.310086
  • sleepless-aiSleepless AI (AI) $ 0.934106
  • gains-networkGains Network (GNS) $ 3.57
  • dkargodKargo (DKA) $ 0.032649
  • xyo-networkXYO Network (XYO) $ 0.008676
  • secretSecret (SCRT) $ 0.446202
  • steemSteem (STEEM) $ 0.260933
  • bitmart-tokenBitMart (BMX) $ 0.352873
  • vulcan-forgedVulcan Forged (PYR) $ 4.97
  • oasysOasys (OAS) $ 0.063414
  • apex-token-2ApeX (APEX) $ 2.57
  • lukso-token-2LUKSO (LYX) $ 3.90
  • orcaOrca (ORCA) $ 2.36
  • qanplatformQANplatform (QANX) $ 0.069375
  • chaingptChainGPT (CGPT) $ 0.272878
  • winkWINkLink (WIN) $ 0.000122
  • myriaMyria (MYRIA) $ 0.006716
  • crvusdcrvUSD (CRVUSD) $ 1.00
  • tensorTensor (TNSR) $ 0.922785
  • moonriverMoonriver (MOVR) $ 12.93
  • velodrome-financeVelodrome Finance (VELO) $ 0.182029
  • auctionBounce (AUCTION) $ 17.67
  • my-neighbor-aliceMy Neighbor Alice (ALICE) $ 1.29
  • ergoErgo (ERG) $ 1.53
  • gemini-dollarGemini Dollar (GUSD) $ 1.00
  • fx-coinFunction X (FX) $ 0.158574
  • mediblocMedibloc (MED) $ 0.013611
  • liquity-usdLiquity USD (LUSD) $ 0.999547
  • milk-allianceMiL.k Alliance (MLK) $ 0.315632
  • cacaoMaya Protocol (CACAO) $ 1.11
  • looksrareLooksRare (LOOKS) $ 0.110185
  • cantoCANTO (CANTO) $ 0.182769
  • dogelon-marsDogelon Mars (ELON) $ 0.00000020
  • coinex-tokenCoinEx (CET) $ 0.037877
  • metaplexMetaplex (MPLX) $ 0.241094
  • chainswap-3ChainSwap (CSWAP) $ 0.111453
  • metalMetal DAO (MTL) $ 1.66
  • trias-tokenTriasLab (TRIAS) $ 10.72
  • kinesis-goldKinesis Gold (KAU) $ 77.48
  • acalaAcala (ACA) $ 0.110078
  • stp-networkSTP (STPT) $ 0.054516
  • polygon-ecosystem-tokenPolygon Ecosystem Token (POL) $ 0.681317
  • quasar-2Quasar (QSR) $ 0.185038
  • stargate-financeStargate Finance (STG) $ 0.512318
  • dodoDODO (DODO) $ 0.159904
  • wazirxWazirX (WRX) $ 0.228452
  • tokamak-networkTokamak Network (TON) $ 2.23
  • veloVelo (VELO) $ 0.014041
  • ardorArdor (ARDR) $ 0.103428
  • alpha-financeStella (ALPHA) $ 0.117970
  • aavegotchiAavegotchi (GHST) $ 2.00
  • railgunRailgun (RAIL) $ 1.78
  • stader-maticxStader MaticX (MATICX) $ 0.751322
  • energy-web-tokenEnergy Web (EWT) $ 2.02
  • tokenlonTokenlon (LON) $ 0.896693
  • request-networkRequest (REQ) $ 0.130471
  • kyber-network-crystalKyber Network Crystal (KNC) $ 0.589520
  • kinesis-silverKinesis Silver (KAG) $ 28.44
  • radiant-capitalRadiant Capital (RDNT) $ 0.207151
  • certikShentu (CTK) $ 0.748536
  • liquityLiquity (LQTY) $ 1.03
  • hifi-financeHifi Finance (HIFI) $ 0.800655
  • loom-network-newLoom Network (NEW) (LOOM) $ 0.080403
  • cyberconnectCyberConnect (CYBER) $ 8.85
  • ozone-chainOzone Chain (OZO) $ 0.234211
  • nknNKN (NKN) $ 0.124437
  • maverick-protocolMaverick Protocol (MAV) $ 0.379772
  • bifrostBifrost (BFC) $ 0.067501
  • phoenix-globalPhoenix (PHB) $ 1.93
  • huobi-tokenHuobi (HT) $ 0.589245
  • sidusSidus (SIDUS) $ 0.008818
  • heroes-of-maviaHeroes of Mavia (MAVIA) $ 3.12
  • vergeVerge (XVG) $ 0.005701
  • saitama-inuSaitama (SAITAMA) $ 0.002085
  • gamercoinGamerCoin (GHX) $ 0.150053
  • everscaleEverscale (EVER) $ 0.047517
  • nakamoto-gamesNakamoto Games (NAKA) $ 1.43
  • omisegoOMG Network (OMG) $ 0.661001
  • bancorBancor Network (BNT) $ 0.711366
  • ethernity-chainEthernity Chain (ERN) $ 4.47
  • keep-networkKeep Network (KEEP) $ 0.166227
  • usdxUSDX (USDX) $ 0.819863
  • marblexMarblex (MBX) $ 0.766616
  • wexoWexo (WEXO) $ 1.73
  • superrareSuperRare (RARE) $ 0.129456
  • gamefiGameFi.org (GAFI) $ 8.02
  • radicleRadworks (RAD) $ 1.77
  • adventure-goldAdventure Gold (AGLD) $ 1.13

Stablecoins Are Not Money, Says Fed Attorney

0 4

Private stablecoins do not satisfy the no-questions-asked (NQA) principle, says a paper authored by the Federal Reserve attorney and a Yale economist.

Stablecoins Are Not Money, Says Fed Attorney

Key Takeaways

  • A new paper authored by the Federal Reserve attorney and a Yale economist has described a regulatory framework for stablecoins.
  • The authors said that stablecoins are “not yet money” and likened the environment to the 19th Century Free Banking Era.
  • They also advocated for taxing all private stablecoins once the Fed launches its own central bank digital currency (CBDC).
  • A new paper titled “Taming Wildcat Stablecoins” has laid out regulatory options for U.S. dollar stablecoins. 

    Paper Discusses Stablecoin Risks

    A new paper authored by U.S. Federal Reserve attorney Jeffery Zhang in collaboration with Yale economist Gary Gorton has suggested a regulatory framework for stablecoins.

    Today, there are over $100 billion in U.S. dollar-backed stablecoins issued by various private entities. Stablecoins that are backed 1:1 with USD have exploded in popularity, primarily as a replacement for traditional banking systems for the cryptocurrency sector.

    Their popularity has raised concerns from regulators who have spoken about the risks stablecoins pose on global financial stability and their impact on traditional monetary systems.

    According to Zhang and Gorton, while stablecoins issued by private companies have seen significant adoption, they need to be regulated to reduce the potential risks to the U.S. economy.

    They used the analogy of the Free Banking Era, the period between 1837 and 1863 in the U.S. when private banks and businesses could issue their currency notes backed by gold and silver. At the time, privately-issued currencies traded at different prices based on the perceived risks and geography of a particular issuing bank. Many eventually failed within a short timespan for not satisfying no-questions-asked (NQA), a principle that a currency be accepted in a transaction without any question about its value.

    The duo wrote that users may not be convinced of the value of stablecoins, similar to the bank notes in the Free Banking Era. They also said that stablecoins fail to satisfy the principle of no-questions-asked (NQA) due to market fears and lack of transparency surrounding the funds backing them. On this issue, the authors stated:

    “We argue that, because of credibility issues with respect to their backing, stablecoins are not yet money because they do not satisfy the NQA principle and so cannot be efficiently used as a medium of exchange.”

    The authors added that that the value of various stablecoins such as Tether remains opaque due to lack of transparency, and hence pose risks like a bank-run. This lack of transparency, the authors said, is a significant concern for the fast-growing stablecoin market. They said:

    “If the stablecoins are not perceived as safe because coin holders have suspicions about the backing, then they may be inclined to run on the issuers.”

    Putting forward these arguments, the authors stated that the government should have a “monopoly on money issuance.”

    Finally, the authors suggested two options for the U.S. government and the Federal Reserve to regulate the sector.

    The first suggestion involved converting stablecoins into public money backed by central bank treasuries as an “insured bank regulatory perimeter.” The second option was to tax all private stablecoins once the Fed launches its own central bank digital currency (CBDC). The paper concluded by suggesting that the Fed should hasten its plans to launch a CBDC.

    The paper comes just a few days after Fed chair Jerome Powell discussed stablecoins and cryptocurrencies with the Senate Banking Committee, where he iterated that regulators should look into commercial stablecoins issued by private entities. Meanwhile, the U.S. Treasury Secretary Janet Yellen is due to discuss stablecoin regulations with the Working Group on Financial Markets.

    Should such regulations come into play, they are bound to leave an impact on the broader cryptocurrency market.

    Disclaimer Read More Read Less

    The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

    You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

    See full terms and conditions.

    Source: cryptobriefing.com

    Leave A Reply

    Your email address will not be published.