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Stablecoin: the coin promising to withstand crypto volatility

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“Like putting money in a bank account”: ‘Stablecoin’ may be the new crypto alternative for conservative investors

One of the biggest criticisms of cryptocurrency is its volatility. But now, digital asset firm Circle Internet Financial has pitched investors a more stable alternative called ‘Stablecoin.’

Experts anticipate the new coin will appeal to conservative investors. USDC, the company is behind “Stablecoin,” say the coin offers a as much as 7 percent profits annually.

“It is like putting money in a bank account”

John Griffin from the University of Texas told Bloomberg investing in Stablecoin is similar to putting money in a regular bank account.

“If the account is paying out a higher yield than bank account yields, it is not merely invested in some risk-free asset,” he added.

Crypto volatility

Stablecoin’s rising popularity comes after Bitcoin’s recent massive crash.

The world’s leading crypto traded at just over $33,000, falling a huge 13%.

Other cryptocurrencies including  Ethereum and Dogecoin also suffered the slump.

This all followed Bitcoin climbing more than 8 percent following a tweet from Elon Musk.

Edward Moya from Oanda Corp says “Bitcoin has two problems – ESG and decreasing reliance on China, both of which could take some time.”

Crypto goes mainstream

As cryptocurrency starts to break into mainstream finance, many traditional players aren’t happy.

Denmark’s central bank governor recently attacked crypto’s legitimacy, suggesting it’s ‘little more than a fad.’

Lars Rohde said if technology giants start “invading the currency area” and the means of transaction, then “that could be very interesting and maybe also a real threat to the autonomy and independence of central banks.”

He’s the latest central banker to warn against the disappearance of cash and the dominance of digital payments.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Trump: No ceasefire with Iran, just surrender

Trump rejects ceasefire with Iran, demands total conflict end, warns of military action and nuclear threats.

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Trump rejects ceasefire with Iran, demands total conflict end, warns of military action and nuclear threats.


Trump: No Ceasefire With Iran, Just Surrender — President Donald Trump has escalated his stance on Iran, rejecting the idea of a ceasefire and stating he wants a complete end to the conflict.

He warned Iran against developing nuclear weapons and hinted at potential military action, including the use of “bunker buster” bombs. Trump’s remarks, including a threatening post on Truth Social, have reignited fears of a broader confrontation in the Middle East.

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#Trump #IranCrisis #MiddleEastTensions #NuclearThreat #TruthSocial #G7Summit #USMilitary #Geopolitics

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Markets drop as Trump threatens Iran strike

“Markets slide as Trump’s threats against Iran and abrupt G7 exit heighten investor fears, boosting oil prices amid rising inflation concerns.”

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“Markets slide as Trump’s threats against Iran and abrupt G7 exit heighten investor fears, boosting oil prices amid rising inflation concerns.”


Markets Drop As Trump Threatens Iran Strike — President Trump’s hardline stance on Iran and his early G7 departure spooked investors.

Stock markets slumped while oil and energy surged, raising concerns over inflation and global trade instability. With Middle East tensions flaring, Wall Street braces for more volatility.

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#Markets #IranTensions #WallStreet #OilPrices #TradeWar #TrumpNews #EconomicOutlook #StockMarket

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Israel targets Iran’s Fordow facility amid tensions

Israel seeks to damage Iran’s Fordow facility before halting operations; Trump suggests US knows Khamenei’s location, avoids assassination.

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Israel seeks to damage Iran’s Fordow facility before halting operations; Trump suggests US knows Khamenei’s location, avoids assassination.

In Short:
Israel aims to damage Iran’s Fordow nuclear facility and is seeking US assistance, despite uncertainty about American military involvement. Tensions rise as President Trump holds national security meetings, contemplating military options against Iran.

Israel plans to continue its operations against Iran until the Fordow nuclear facility is significantly damaged. The facility, located underground near Qom, is crucial for uranium enrichment.

Israel acknowledges that its own military capabilities cannot reach the depths of Fordow, but it is relying on the United States for support.

Israel’s National Security Advisor, Tzachi Hanegbi, indicated ongoing discussions with US officials but expressed uncertainty regarding US involvement in military actions.

Iran’s nuclear weapon

Many in Israel and the West suspect that Fordow is part of Iran’s nuclear weapon development, a claim that Iran denies.

President Donald Trump left the G7 summit early due to this ongoing conflict and convened a national security meeting at the White House.

The meeting, which lasted nearly two hours, included key security figures such as CIA Director John Ratcliffe and Director of National Intelligence Tulsi Gabbard.

Reports suggest that Trump is considering the use of a “bunker buster” bomb against Fordow.

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