The first time the world was truly confronted with the term “stablecoin” was in May 2022 with the events unfolding from TerraUSD (UST), where the blockchain industry and the broader community were forced to understand the differences between algorithmic stablecoins, currency backed stablecoins and other stablecoin models covered in the previous post.
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In a landscape where technology reshapes traditional finance, we are witnessing a pivotal change led by web3 and decentralized finance (DeFi) systems.
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Centi is proud to announce the successful completion of its seed financing round led by Archblock and Bloomhaus Ventures with continued investments from existing shareholders and founders. Recognized for its proficiency in processing transactions as small as a cent, Centi is poised for global expansion of its blockchain-based micropayment solutions and an increased footprint in promoting financial inclusion.
Financial InclusionBlockchainFintech
Among the diverse range of digital assets, stablecoins have emerged as a critical component, bridging the gap between the volatile nature of cryptocurrencies like Bitcoin and the stability of fiat currencies like the US dollar.
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Following a recent marketplace update, Archblock Stablecoins will serve as the foundation for the next generation of finance, built upon transparency, compliance and efficiency
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Archblock's New Marketplace will Offer Transparency and Cost-Effective Solutions, Utilizing Blockchain Technology to Democratize Access to Alternative Assets
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