
A stablecoin built on layer-2 scaling solution Polygon (MATIC) and backed by real estate assets has lost nearly half of its value after depegging from the US dollar (USD). In a lengthy message on the social media platform X, Tangible, the decentralized autonomous organization (DAO) behind Real USD (USDR), says that the crypto asset has […]
The post Real Estate-Backed US Dollar Stablecoin Built on Polygon Loses 47% of Its Value After Suffering Serious Depeg appeared first on The Daily Hodl.
US Congressman Warren Davidson warns that central bank digital currencies (CBDCs) could result in a dystopian future. The Ohio Republican tells his 78,900 X followers that he believes CBDCs could transform money into a powerful means of governmental control and plans to introduce legislation to criminalize the development of these types of digital assets. “To […]
The post US Congressman Issues Warning on CBDCs, Says They Pose an ‘Existential Threat’ to Western Civilization appeared first on The Daily Hodl.