CUSD on Equilibria

💫 While US dollar-backed stablecoins hold 90% market share in stablecoin transactions, the share of transactions directly using US dollars is 10%. The usage share of Euro-backed stablecoins is 1.1%.

Canton (CC) Token is performing actively in the Crypto Assets market, with a circulating market capitalization of $3.144 billion. In the short term, it needs to break through the $0.0900 resistance level, while the long-term trend predicts a stable rise to $0.147355. The development of the Canton Network ecosystem and accelerated institutional adoption will drive its value, but one should be cautious of the uncertainty in the supply model and the risks of market fluctuation.

Author: ✧Panterafi Compiled by: Odaily Planet Daily, Azuma Original title: A Horizontal Analysis of the Main Risk Components of Eight Major Stablecoins --- Editor’s note: With the recent consecutive collapses of several stablecoins such as xUSD and USDX, the safety of stablecoins has become a common concern in the market. Earlier, overseas KOL ✧Panterafi published an extensive article focusing on the risks associated with stablecoins and comparing multiple stablecoin protocols. The author bluntly stated that the content of the article is "the culmination of months of thinking," to fill the gap in the market regarding the analysis of stablecoin risks. The following is the original content of ✧Panterafi, extracted and compiled by Odaily Planet Daily — For the sake of reading convenience, the following will focus only on the core components of risk composition in the original text, and the comparative sections have also been selectively extracted.

Opera's payment platform, MiniPay, surpasses 1 million users in Nigeria, Kenya, and Ghana within 5 months of launch. The self-custodial stablecoin wallet integrates with Opera Mini to facilitate low-cost transfers and local payment methods.

Kotani Pay, a USSD-based payment platform, has raised an undisclosed seed round led by multiple venture capital firms to expand operations and connect the unbanked in Africa to blockchain services.