GameStop unveils its new crypto wallet for sending and receiving in-game items and NFTs; Fantom jumps twelve percent on Fantome stablecoin development and speculation surrounding Andre Cronje returning to DeFi; and SWIFT experiments with CBDC interoperability.
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0:28 Gamestop
1:04 Is Andre Cronje Returning to De-Fi?
3:03 Market Watch w/ Frankie Candles
4:05 SWIFT and CBDCs
SOURCES
https://www.coindesk.com/business/2022/05/23/gamestop-unveils-crypto-and-nft-wallet-shares-up-3/
https://wallet.gamestop.com/wallets
https://www.digitaltrends.com/gaming/gamestops-latest-pivot-takes-it-to-the-nft-business/
Andre Cronje released the Fantom fUSD optimization proposal. AC address has recently added nearly 100 million FTM, which is considered to be returning to Fantom. FUSD suffered a severe de-pegging, and Fantom TVL also dropped sharply by about 69%. https://t.co/dpBe7y9AQ4
— Wu Blockchain (@WuBlockchain) May 22, 2022
https://decrypt.co/101134/fantom-rallies-rumors-andre-cronje-returning-defi
fUSD is not UST
• fUSD is an over-collateralized stablecoin (similar to DAI) backed by staked FTM. UST had nothing backing it.
• Users create fUSD by borrowing against their staked FTM.
— Fantom Foundation (@FantomFDN) May 18, 2022
https://www.investopedia.com/terms/c/central-bank-digital-currency-cbdc.asp
https://cryptopotato.com/swift-experiments-with-cbdc-interoperability-for-facilitating-cross-border-payments/
https://www.ndtv.com/business/here-are-the-timelines-and-status-of-central-bank-digital-currencies-in-some-countries-2820164#:~:text=Antigua%20and%20Barbuda%2C%20Dominica%2C%20Grenada,tested%20in%20a%20few%20countries.
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