1st May 2024 Digital Bytes

Stablecoins impacting payments and global remittances - Fiat-backed stablecoins such as Tether and USD coin are gaining traction in the cryptocurrency space, offering stability and liquidity for transactions and decentralized finance activities. Despite challenges such as centralization and regulatory uncertainties, attestations from respected accounting firms help to enhance trust. As the remittance market expands, these stablecoins and cross-border digital currencies hold promise for efficient global transactions, though regulatory hurdles and consumer adoption challenges still persist.

Carbon credits market and blockchains - today, humanity has an option: we can address the urgent issue of climate change whilst still adopting cutting-edge technologies. The combination of carbon credits and blockchain presents a unique opportunity; that is, carbon credits are being transformed by blockchain. Blockchain itself ensures secure, transparent and immutable records of transactions, so addre…