Web3 Diaries-Colombian Peso Stablecoin Goes Live On Polygon
Num Finance, the stablecoin issuer, has rolled out a Colombian peso-pegged token on the Polygon network, the company said Thursday in a press release.
Named nCOP, the token is over-collateralized by reserve assets and allows people and businesses to transfer, pay, earn, and save money using blockchain rails, the press release said.
The new offering arrives as stablecoins, a roughly $124 billion subset of digital assets, are increasingly in demand in emerging regions with frail financial systems such as Latin America or Turkey.
Donald Trump NFTs Jump as Former President Skips GOP Debate
The price of ex-President Donald Trump’s digital trading cards spiked following a Wednesday interview with conservative political commentator Tucker Carlson.
Trump skipped the “Grand Old Party” (GOP) debate last night, instead choosing to slag off his rivals on the former Fox News host’s Twitter channel.
Data from the OpenSea marketplace shows it benefitted holders of his NFT trading cards: Trading volume is up 256% in the past 24 hours, standing at 14,320 Ethereum ($23.5 million), while the floor price jumped by 25% to now stand at 0.1369 Ethereum, or $225.
ARK Invest, 21Shares Join Queue To Offer Ethereum Futures ETF
ARK Invest and 21Shares, two investment companies, have joined forces to submit an application for two Ethereum futures exchange-traded funds after news broke last week that the US securities regulator would soon start granting requests.
According to a document made to the Securities and Exchange Commission on August 24, the two Ethereum futures ETFs being considered are the “ARK 21Shares Active Ethereum Futures ETF” (ARKZ) and the “ARK 21Shares Active Bitcoin Ethereum Strategy ETF” (ARKY).
According to the petition, ARKZ would allocate at least 25% of its total assets to Ethereum futures contracts with cash settlements like those traded on the CME.
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