Cryptocurrencies are now widely accepted, with many big corporations accepting coins like Bitcoin and Ethereum. The oldest bank in the country, BNY Melon, recently announced that it would start accepting cryptocurrency deposits from customers, making it the first major bank in the country to protect both digital and traditional money on the same platform.
The action represents a significant turning point in traditional banks' embrace of digital assets as a legitimate market and a source of fresh revenue. Even though many Wall Street executives remain sceptical of cryptocurrency's potential and intend to proceed cautiously until Washington makes it clear how the market will be regulated, businesses have reacted to calls from an increasing number of large investment-firm clients to assume their traditional role as intermediaries. The bank hopes to extend its crypto custody offerings to new clients in the future, subject to regulatory approvals.
Adirize DAO (ADI) is a new crypto that aims to wean the cryptocurrency markets from their unhealthy dependency on the US dollar with its decentralised reserve currency, ADI.
1.Instead of a currency tethered to the dollar like USDT, USDC, and other such currencies, ADI is intended to serve as a store of value.
2.The long-term goal of Adirize (ADI) is to employ a treasury of assets to evolve into a stable currency that can be used in daily transactions with the reasonable expectation that values will keep steady over time, independent of a traditional peg.
3.Adirize DAO supports the generation and valuation of ADI tokens using a protocol-owned reserve of cryptocurrency assets. Adirize DAO owns liquidity as opposed to being rented.
5.Bond sales bring in money for the country, and the Treasury uses that money to print ADI and provide it to interested parties. The protocol can use liquidity bonds to increase its liquidity.
Following the nation's passage of the Virtual Asset Business Act in its Parliament earlier in 2022, the Commonwealth of Dominica is releasing the Dominica Coin (DMC) in collaboration with the TRON Protocol (TRX), according to a news statement issued by TRON on October 12.
The currency's goal is to promote the nation as a location with excellent tourist potential and its rich natural heritage, fostering economic growth.
Justin Sun, the creator of TRON (TRX), expressed the joy of his team by stating that they are overjoyed that TRON is a reliable coin and that they can participate in decentralising the financial future.
On October 11, 2022, OpenSea made a formal statement with the NFT marketplace, confirming the arrival of Avalanche (AVAX).
In addition to Ethereum, the market now supports seven additional blockchains: Optimism, Arbitrum, Polygon (MATIC/USD), Klaytn (KLAY/USD), and Avalanche. The open-source Avalanche network has its own native cryptocurrency called the AVAX token. The network includes the X-Chain, C-Chain, and P-Chain among its three separate blockchains.
If you are looking to support a new coin with great future potential which seeks to shake up the crypto market, like TRON (TRX) and Avalanche (AVAX), make sure to click on the links below about Adirize (ADI) to enter the presale.
Presale: http://join.adirize.com/
Website: http://adirize.com/
Telegram: https://t.me/AdirizeDAO_Official
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