Beniamin Mincu expressed: The Metaverse will reshape all aspects of our lives during the next decades. And transportation is a vertical where holoride will play a significant role.
Here’s the holoride Thesis by Elrond Research: On How The Metaverse Will Redefine Transportation.
Also, stated, The first stablecoin going live on Elrond Network is USDC. The fully reserved fiat-backed stablecoin was launched in 2018 by a partnership between Coinbase and Centre. It has since become globally available, has enjoyed institutional adoption and gained vast utility.
31.4 billion USDC coins are available today on exchanges such as Coinbase, Binance, Kraken, Cryptocom and Bitstamp, with 1.3 trillion USD in volume to date, for transactions including the first credit card settlements in crypto via Visa.
By bridging USDC to the Elrond Network, DeFi users gain the ability to hedge against volatility and perform high speed and low cost transfers of value that is denominated in a stable currency with high utility and global integration.
The USDC token is ready and available on the mainnet as an ESDT. It will have the wUSDC ticker, to reflect that it is USDC wrapped as an ESDT token on the Elrond Network. No wUSDC will be in circulation prior to the launch of the Elrond-Ethereum bridge.
wUSDC will be one of the main stablecoins on the Maiar DEX, where it will be initially available in the EGLD/USDC pool. Users will be able to bridge wUSDC liquidity over the Elrond-Ethereum bridge that will come live before the DEX launch.
While more stable coins will come live on the Elrond Network during the next few weeks and months, the launch of USDC sends a strong signal that the Elrond DeFi ecosystem is ready for prime time.
Technical ESDT properties: Token Name: WrappedUSDC Token Ticker: USDC Token ID: USDC-c76f1f
Community Response: Native ESDT USDC shouldn’t be difficult. Jeremey Allaire is a multi-chain enthusiast.
When will you push as hard is possible?
This is a strong signal indeed. Your work is greatly appreciated. The tech can be used in SO many fields, such as education, medicine, research and defence to name a few.
There is some nationalites that aren’t eligible for the Launchpad. Please reconsider this We want to participate. Usually the laws applicable in your country doesn’t allow you to participate. Is not in the power of the projects or Elrond Network to change that.
You are the creators of a fabulous future in which technology will outstand, deeply rooted in our society and everyday life.
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