Fernando Martinez, CEO of Nonco Nonco Fernando Martinez talks like a man who’s already seen the future. In it, SWIFT, the messaging networks thousands of banks around the world use to give instructions for transferring funds between accounts, is obsolete. He insists that the global foreign exchange market should run on stablecoins, cryptocurrencies typically pegged
Justin Sun loves a publicity stunt. But in bailing out Donald Trump’s crypto venture—netting the president and his family $400 million—Sun has boosted his efforts to create a global payment system, using his Tron platform, with 300 million users and counting. Chinese blockchain entrepreneur Justin Sun’s admiration of Donald Trump began in middle school, while
Decentralized finance (DeFi) relies on the potential of cryptocurrency but breaks down when prices fluctuate a lot. Stablecoins are thus central in this space as they provide a stable value to lend, borrow, or stake. The Aave and Compound platforms rely heavily on USDT and DAI to maintain returns constant, users deposit $1 today and