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Here’s Why Crypto Enthusiasts Should Look Into HachiFi, Solana, And Chainlink
For crypto enthusiasts who are looking for a new focus or token to keep them interested, HachiFi has the potential to not only grab their interest but also intrigue them enough for them to consider purchasing it.

HachiFi’s Value Could Rise With The Attention of Crypto Enthusiasts

Hachi is a decentralized and next-generation digital Layer-III platform that was created to unlock the opportunities in DeFi and redesign its structuring.

The token has an ecosystem that was created to develop multiple opportunities in crypto, NFTs, The metaverse, and cryptocurrency, the plan is to take advantage of all these things have to offer to help millions make a passive income off of it. The team has a roadmap of how they will reshape and develop how DeFi is currently structured to one that prioritizes passive income and safety.

The name HachiFi was derived from a merge of two words, Hachi which is a Japanese word for eight, and DeFi. While many may believe HachiFi has the features of a meme coin, it is a utility token.

HachiFi And Its NFTs

An integral part of the HachiFi platform’s ecosystem will be the Hachi NFTs which will possess uniqueness, indivisibility, transparency, and interoperability.

The process of NFTs being cared for in the Hachi ecosystem would happen when end-users purchase the Hachi token on the Binance Smart Chain network, stake the tokens and the HachiFi farm to breed them, they can then be sold on NFT marketplaces like OpenSea.

The NFTs will be bred to represent things like:
1. Digital and physical collectibles like trading cards, stamps, or whatever physical or digital collectibles their collectors wish to tokenize.
2. The NFTs would be used to represent real-world properties in real estate; they could be used as a way of transferring land deeds and providing proof of ownership.
3. They could be used as a way to store the medical records of individuals without their confidentiality being compromised or risks of external interference since NFT transactions are verified on many nodes and are permanently added to the blockchain.
4. They would also be a good representation of academic credentials by providing proof of attendance, degrees or certifications earned, and any other important information.
HachiFi’s Token Utility

The vision of HachiFi goes further into the cryptocurrency domain by delivering creative products, such as smart non-fungible tokens, and world-class Web3 devices such as charting and tracking within an all-in-one ecosystem.

The Hachi token was built based on the Binance Smart Chain (BSC) network. The team chose Binance Smart Chain because it is the most secure cryptocurrency network and it offers a better bandwidth for transactions.

Chainlink (LINK) A Next Level Innovation

Chainlink (LINK) is a DeFi token. It is a decentralized system of nodes created to merge data and information, outside of a blockchain to on-chain smart contracts.

Chainlink aids in enhancing smart contract capabilities by allowing them to gain access to real-world data and off-chain computing while they retain the security blockchain technology offer.

Solana (SOL) The NFT Coin

Solana (SOL) after Ethereum has one of the biggest NFT markets, it is known to be an extremely fast and secure network.

It has even received approval from OpenSea which is the biggest Ethereum NFT marketplace. Solana (SOL) has successfully gained the attention of crypto enthusiasts and newcomers alike.

To find out more about HachiFi:

Presale: http://signpup.hachifi.com/

Website: http://hachifi.com/

Telegram: https://t.me/HachiFiOfficial
September 7, 2022
Bitcoin, Binance Coin Succumb to Price Volatility While AdirizeDAO Takes Off

While cryptocurrencies predict a future of financial freedom without restrictions, they rely on certain factors like; supply, demand, hype, and user sentiments. This causes prices to fluctuate unevenly, sometimes producing thousands of dollars one day, and the next, it bottoms out.

Crypto whales are also responsible for price fluctuations, as they control the better amount of crypto shares. The need for a system that stepsides price volatility, to an advantageous extent, is why AdirizeDAO (ADI) was created.

The Reason For AdirizeDAO (ADI)

As cryptocurrency is still in its infancy, many innovations are still targeted at providing a sense of security. From scalability solutions to higher throughput and low fees, many features have been added to make crypto an actual store of value.

AdirizeDAO (ADI) is a decentralized blockchain platform to combat price volatility and provide a long-awaited solution to the problem.

It intends to set reasonable expectations as a currency focused on supply expansion rather than price appreciation. Using a protocol that owns liquidity and manages treasury, the platform ensures that ADI maintains its purchasing power regardless of market volatility.

AdirizeDAO’s (ADI) long-term goal is to become a stable currency for daily transactions. While other crypto chains are pressed for a reserve to keep their currency afloat, ADI acts as its reserve.

Additionally, Adirize operates as a DAO, meaning all community members- rather than crypto sharks- get to determine how the platform works.

AdirizeDAO (ADI) Plans For Presale

For every purchase made at this stage of public presale, AdirizeDAO (ADI) gives crypto holders a token of 7% addition. They also get more for referring friends and using other cryptocurrencies to buy ADI.

You can take advantage of these bonuses more than once, as long as you get ADI while presale is still ongoing.

Bitcoin (BTC) Isn’t So Stable After All

Out of the thousands of cryptocurrencies in the industry, the expectation is that Bitcoin (BTC) would provide a better case for stability. Yet, the recent activities of the blockchain show that it has a volatile price history.

A significant factor is investors’ actions, as research shows one-third of BTC is held by famous investors. They control the Bitcoin (BTC) market and price operations. Any act of liquidity on their part might cause prices to plummet and other smaller investors to cash out in panic.

Although, the closer Bitcoin (BTC) gets to the 21 million mark, the more prices will climb. Whether it works in removing excess volatility is yet to be seen.

Binance Coin (BNB)- Still Volatile Despite Market Recovery

Binance Coin (BNB) has seen its fair share of gains and losses due to price volatility. The year began steeply declining until a general rise in the crypto market brought a price uptrend.

The uptrend was short-lived, as it quickly fell in August while investors waited for an extended period of steady trending. Speculations provide several reasons for the crash, one of which is an ongoing investigation by the US SEC.

Heightened volatility can lead to lack of liquidity, and the combination is akin to a lethal weapon against the cryptocurrency market. Fortunately, AdirizeDAO (ADI) has utilized mapped-out strategies carefully to generate self-liquidity.

So, if you’re looking to invest in a token while the market remains unstable, you should consider checking out AdirizeDAO (ADI).

Adirize DAO (ADI)

Presale: http://join.adirize.com/

Website: http://adirize.com/

Telegram: https://t.me/AdirizeDAO_Official

September 7, 2022
MEXC Will List Web 3.0 Infrastructure Project Point Network on September 5

On September 5, the Web 3.0 infrastructure project Point Network (POINT) will be listed on the world-renowned cryptocurrency trading platform MEXC. The heading on the website is: “World’s First Full Web 3.0 Implementation”. What do they mean?

First, what is Web 3.0? At this time last year, a16z, Coinbase, and their counterparts had tried to define “Web 3.0”. The most popular streamlined definition is: “read+write+own,” which is relative to Web 2.0 and Web 1.0.

In 2014, Gavin Wood, the co-founder of Ethereum and founder of Polkadot, coined the term. In his own words, “Web3 is sort of an alternative vision of the web, where the services that we use are not hosted by a single service provider company, but rather they’re purely algorithmic things that are, in some sense, hosted by everybody… The idea being that all participants contribute a small slice of the ultimate service”

And the Point Labs’ definition is simple: “Web 3.0 is a decades-long dream of technologists about the next generation of the internet, designed to be without any central point of control on any level, and thus completely resistant to censorship and mass-surveillance. Bittorrent decentralized file sharing, Bitcoin decentralized money, and the real Web 3.0 is supposed to decentralized the rest of the internet.”

Unfortunately, Point Labs founders claim, people wishfully conflate the dream of Web3 with reality, as if it’s already here. Most of the “decentralized” applications are still relying on centralized infrastructure, such as domains, storage, SSL certificates, and so on. This has become obvious last month, from popular Ethereum gateway eth.link expiring, to curve.fi nameservers compromised, to the storm of news about Tornado Cash censorship by many dApps and projects that were supposed to be decentralized and uncensorable. In real Web 3.0, this could not have happened.

Point Network is a project designed for radical decentralization of every major component of the internet stack. It does not rely on centralized infrastructure, such as storage, domain names, etc, and instead uses decentralized alternatives for each layer: the .point domains are on Point Chain, the storage is on Arweave, and the native access is achieved by having their own web3 Point Browser, with Point Wallet integrated. On Point Network, developers can build decentralized identity solutions, decentralized social networking, and many other applications–the “Roadmap to Web3” vision scrolls many screens to the right.

According to the official information from Point Network, the backers of the project include Sino Global Capital, Arweave, FTX, Chorus Ventures,and Prycto, among others. POINT is a utility token, which is used for gas fees on this new network, but also can be applied to a variety of other web3 use casesFor example, it can be used to pay for native blockchain subscriptions to content creators, paid content on decentralized communities, as a micropayment for storage when uploading content, and so on.

They have just launched the mainnet on September 1, and trading of POINT starts on MEXC on September 5.

Curious? Find out more about what they’re doing at pointnetwork.io

About MEXC：

MEXC is the world’s leading cryptocurrency trading platform, providing one-stop cryptocurrency trading services for spot, ETF, futures, Staking, NFT Index, etc., and serving more than 7 million users worldwide. The core team has a solid background in traditional finance and has professional financial product logic and technical security guarantees in terms of cryptocurrency products and services. In October 2021, MEXC Global won the title of “Best Cryptocurrency Exchange in Asia.” Currently, it supports the trading of more than 1,400 cryptocurrencies and is the trading platform with the fastest launch speed for new projects and the most tradable categories. Visit the website and blog for more information, and follow MEXC Global and MEXC Research.

Contact:

Company Name: MEXC

Name: Jenny Sun

Email: media@mexc.com

September 7, 2022
1inch Wallet Users To Be Rewarded With OP Tokens

OP tokens will be available to claim by the 1inch Wallet’s most active and regular users.

The 1inch Network is thrilled to announce that a total of 300,000 OP tokens will be distributed among the 1inch Wallet’s users in a move to incentivize their activity on the Optimism network.

The distribution will be made in a retrospective Merkle drop. The OP tokens will be equally distributed between 3,782 selected wallets of the 1inch Wallet’s most active and regular users, and are already available for claiming. All decisions about the wallet selection are final and non-negotiable. Those users whose wallets were not selected should not contact the 1inch Network’s support. Thanks for your understanding!

“Optimism is one of the most efficient and popular L2 solutions,” says Sergej Kunz, co-founder of 1inch Network. “Since 1inch expanded to Optimism, we have seen substantial activity on that network, and this reward will come as an extra incentive for them to use 1inch on Optimism.”

The 1inch Network expanded to Optimism in August 2021. As of August 2022, a total of just over 45,000 wallets used 1inch protocols on Optimism. Of that number, 28,600 wallets had Optimism as their priority network, meaning that they made the majority of their transactions on that blockchain.

Optimism is a Layer 2 Optimistic Rollup network aiming to utilize Ethereum’s strong security guarantees, while reducing its cost and latency. On Optimism, transaction verifications are bundled off-chain, reducing processing and transaction costs for decentralized applications within the network.

As of late August 2022, TVL on Optimism stood at just under 900 mln, according to DeFi Ll a ma. The projects with the highest TVL are AAVE, Synthetix and Velodrome.

Stay tuned for more news and updates from the 1inch Network!

Buy/Sell 1INCH

September 6, 2022
Bellatrix Upgrade Goes Live, Priming Beacon Chain for Ethereum Merge
Key takeaways:
- Bellatrix hard fork has gone live on Beacon Chain, preparing the PoS blockchain for the Merge
- Bellatrix was the last upgrade before Ethereum transitions from being a Proof-of-Work to being a Proof-of-Stake network later this month
- Vitalik Buterin revealed that the Merge is expected to take place “around” September 13–15
The last upgrade before the Merge was successfully deployed

Earlier today, the last hurdle before the Ethereum Merge slated for later this month was overcome with the activation of the Bellatrix hard fork on the Beacon Chain.

Beacon Chain is a Proof-of-Stake (PoS) blockchain launched in late 2020 that is slated to merge with the Ethereum mainnet in mid-September and facilitate Ethereum’s transition from a Proof-of-Work (PoW) to a PoS consensus mechanism.

The goal of the Bellatrix hard fork is to enable ETH validators to start producing updated Beacon Chain blocks, which will allow for the codebase merge of PoW and PoS layers.

Ethereum co-founder and lead developer Vitalik Buterin shared the news about the Bellatrix upgrade on Twitter.

The merge is still expected to happen around Sep 13-15. What's happening today is the Bellatrix hard fork, which *prepares* the chain for the merge. Still important though – make sure to update your clients!
— vitalik.eth (@VitalikButerin) September 6, 2022

According to Buterin, the Merge is “expected” to take place between September 13–15, once the terminal total difficulty (TTD) reaches 58750000000000000000000.

Ethereum’s transition to PoS, arguably the most important blockchain update in the history of crypto, will change the way Ethereum transactions are processed and eliminate the demand for ETH miners to reach a consensus about the state of the blockchain.

The price of ETH increased by +4.7% in the last 24 hours, reaching its two-week high of $1,678. The world’s second-largest crypto in terms of market capitalization could see a substantial rally following the Merge, according to our automatic ETH price predictions.

Buy/Sell ETH
September 6, 2022
TRON DAO and MasterBlox: the future of acceleration in Web3
lisbon, Portugal, 6th September, 2022, Chainwire

TRON DAO and MasterBlox are announcing plans to create a joint acceleration and incubation program to develop the TRON ecosystem. Leveraging MasterBlox’s expertise and the foundation set by TRON, projects that qualify for the acceleration program will have access to a closer relationship to build on the chain and many other special features. The collaboration aims to incentivize the adoption of Web3 technologies, assisting the new wave of tier 1 protocols built on the TRON network.

MasterBlox’s recently split between the Labs & Foundation, two entities with different focuses. The lab’s side develops growth hacking & decentralized marketing activities that several big players in the market have utilized. In parallel, the foundation accelerates relationships between Masterblox clients to find the perfect match. Guiding projects throughout the funding process with tier 1 funds, launchpads, and Market Makers. The foundation also invests in the best projects with its treasury and provides supporting advisory with illustrious names across the web3 spectrum.

Purpose and Origins of the Collaboration

The collaboration started in the most organic way possible through a casual encounter in NYC between MasterBlox’s founder, Carlos Prada, and the TRON DAO team. This is not an official partnership, rather it is a collaboration between organizations with the same goal in mind, making Web3 as mainstream as possible. Both parties discussed TRON DAO’s efforts to organize hackathons in Brazil to empower the favela communities, which ended up unfolding into a larger plan.

The relationship between MasterBlox and TRON DAO was later crystalized in a meeting with a TRON DAO advisor in Paris, further expanding into the #sTRONgerTogether challenge through a connection with TRON DAO’s Director of Blockchain Innovation. From that moment on, the alignment between MasterBlox and TRON DAO regarding the importance of decentralization for Web3 became apparent, and thus the cooperation began to take shape. MasterBlox will focus on using its cutting-edge techniques in growth hacking activities to empower new developers and emerging projects. Later, these projects will be onboarded to the TRON Network and continue rewarding project owners for their creations.

Masterblox acceleration projects will not only have technical support from the TRON DAO team but will also be subject to potential grants and exposure to their strong community. Their community is the backbone of the ecosystem and represents their will to genuinely give true power to the people, embodying TRON DAO’s purpose.

MasterBlox and TRON will also develop the blockchain industry within Europe and Asia, acting as a bridge for communities from different continents to come together and discuss new ideas, partnerships, and synergies. The partnership’s goal goes beyond technological development; it’s about connecting people and communities, after all, a rising tide lifts all boats.

About TRON DAO

TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has delivered impressive achievements since the MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of August 2022, it has over 107 million total user accounts on the blockchain, more than 3.7 billion total transactions, and over $11.5 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.

For more information, visit:

TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

About MasterBlox

Masterblox is a Lisbon-based web 3.0 accelerator that has been providing full-stack marketing services to crypto companies since 2017. Its work as an accelerator is splintered between the foundation, which handles all the connections between the partners and the projects, and the labs, where its growth hacking methods and support services are provided to the projects within the acceleration program. MasterBlox’s labs are responsible for assisting countless DeFi and blockchain projects with marketing, market making, copywriting, social media management, and more.

For more information, visit:
Masterblox | Twitter | LinkedIn | Instagram

Contacts

CEO
- carlos andré garcés prada
- MASTERBLOX
- cprada@masterblox.io
- +351912986417
September 6, 2022
Kinoapp.xyz Launches Founding Membership Program, Aiming to Revolutionize the Film Industry
Key takeaways:
- Kinoapp.xyz, a Web3 platform that aims to revolutionize the film industry, has announced its Founding Membership program
- The Kino platform creates opportunities for filmmakers, content creators, and consumers
- Kino could lead to a substantial change in the way thighs are done in Hollywood, and other film centers around the world
- With Kino, consumers and fans can be involved in all aspects of film creation, from production to red carpet events, premieres, and more
Kinoapp.xyz (https://kinoapp.xyz/) is a Web3 platform that aims to decentralize the film industry and defend the rights of creators. The Kino team has announced that the highly anticipated Founding Membership program is launching on September 7, 2022.

Changing the way films are made

In a $212 billion market such as the movie industry, creators shouldn’t have to struggle, but unfortunately, they do due to a widespread practice known as “Hollywood Accounting.” This is a process in which studios and organizations siphon billions of dollars from creators’ royalties.

The dubious Hollywood accounting practice was pointed out by Daril Fannin, Co-Founder of Kinoapp.xyz, at the Metaverse Summit in Paris. He remarked, “This is a consistent problem in Hollywood that no one is talking about,” adding that this practice affects all categories of films, both big and small budget projects.

Continuing with his argument, Fannin said, “Lord of the Rings was made for $281 million, grossed $6B globally, yet the studio reported a ‘horrendous loss,’ which meant that Peter Jackson got zero dollars of the 7.5% [of the royalties] he was owed.” Bohemian Rhapsody (2018), another box office hit, claimed a $51 million loss for the studio despite grossing $911 million against a $55 million budget. He stressed, “Money is being made, but not being given to the people doing the work. Kino fixes that.”

Creating Opportunities for Everyone

Additionally, Kino is reinventing the concept of what it means to be a fan so that anybody can not only enjoy but also financially support movies.

Everybody has the chance to contribute and invest in the movie using Kino’s revolutionary economic concept, which has never been done before in the history of cinema.

Anyone will be able to do the following on the soon-to-be-released Kino platform:
- Invest in a Hollywood production with actors who have won or been nominated for awards, such as the Oscar, the Emmy, and the Golden Globe
- Collect an item of art from the movie, whether it be digital or physical, including costumes, amours, props, etc.
- Alternatively, invest in privileged online or offline experiences that immerse you in the production of movies from screenplay to screen, including set visits, red carpet premieres, and more
Stressing the importance and role of Kino in the film industry, the cofounder said:

“Hollywood has a long, well-documented history of sexism, racism, and bigotry. Our mission at Kino is to give power back to the people and let consumers (not advertisers) create and curate culture.”

Upon its release on September 7, 2022, the Kino Founding Membership will grant 1,000 users “whitelist access” (i.e., the first chance to access all the opportunities listed above).

Kino Founding Members are welcomed to attend the annual Kino Party with a community of celebrities, industry professionals, financiers & other film lovers. The first annual Kino Pary is taking place this December in Los Angeles.

In addition, Founding Members can look forward to unexpected invitations to offline and online events, exclusive items, and other benefits that are also part of the Founding Membership perks.

The Kinoapp.xyz was founded by Daril Fannin and Austin Worrell. Daril Fannin is a writer and executive producer who has worked with A-list actors like Matt Damon, Peter Berg, and Jimmy Kimmel on movies and television shows for companies like Netflix and Disney. Austin Worrell is a co-founder of the fastest-growing social impact token with a market cap of more than $500 million and more than 500 thousand holders.

Wrapping Up

It is very likely that Kino will have a huge impact on Hollywood and the global film industry. The ideas behind the platform are sound and could lead to Kino’s rapid adoption among filmmakers and consumers alike after the full rollout.
September 6, 2022
Vasil Hard Fork Confirmed for September 22, Set to Bring Scalability Improvements for Cardano
Key takeaways:
- Cardano devs have confirmed September 22 as the Vasil upgrade rollout date
- The Vasil hard fork will reduce the size of transactions and make the network more efficient and capable of processing more data transfers
- Vasil upgrade will be launching a year after the smart contract-focused Alonzo hard fork, the most recent major Cardano upgrade
Vasil is finally rolling out after months of delays

Initially slated for a June release, the release date for Cardano’s Vasil hard fork has finally been confirmed. According to a Twitter post by Input Output Hong Kong (IOHK), the developers of Cardano, the next major blockchain update for the Cardano mainnet will launch on September 22, 2022.

The IOHK team shared the news about the upcoming release in a Twitter thread.

VASIL UPGRADE: DATE CONFIRMED 💪
Following the successful completion & extensive testing of all core components, plus confirmed community readiness, we along with @cardanostiftung can today announce 22nd September for the #Vasil upgrade on the #Cardano mainnet. 🧵$ADA
1/9
— Input Output Group (@IOGroup) September 2, 2022

Vasil will focus mainly on scalability improvements, which will reportedly result in faster transaction times and lower costs. IOHK summarized the upgrade in the following quote:

“Vasil is the most significant Cardano upgrade to date, bringing increased network capacity and lower cost transactions. The upgrade will also bring enhancements to Plutus to enable devs to create more powerful and efficient blockchain-based applications.”

In a YouTube video published earlier this year, Cardano and IOHK founder Charles Hoskinson revealed that Vasil is slated to bring “massive performance improvement to Cardano” through a collection of Cardano network improvement proposals. Once fully integrated with the mainnet, CIP31, CIP32, CIP33, and CIP40 will reduce the size of transactions and make the network more efficient and capable of processing more data transfers.

The Vasil upgrade will further enhance Cardano’s smart contract functionality, which initially launched in September 2021 as a part of the Alonzo hard fork.

For more information about the readiness of crypto exchanges and decentralized applications (dApps) for the upcoming Vasil hard fork, you can check the dedicated third-party upgrade readiness website.

Cardano is not the only major blockchain undergoing a significant network upgrade in September – The Merge, Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS), is predicted to take place on September 15th.

Buy/Sell ADA
September 6, 2022
Binance to Convert USDC, USDP, and TUSD Stablecoin Balances to BUSD (Binance USD)
Key takeaways:
- Binance has announced it will be consolidating USDC, USDP, TUSD, and BUSD under a single balance
- The exchange says the move will boost liquidity and improve capital efficiency
- The change will come into effect at the end of this month
Binance will “auto-convert” USDC, USDP, and TUSD holdings to BUSD, starting with Sept. 29

Binance has announced a somewhat radical change to the way it handles certain stablecoins on its platform – starting on September 29, the exchange will begin “auto-converting” USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) to Binance USD (BUSD) at a 1:1 ratio.

Binance wrote that the list of stablecoins eligible for auto-conversion could change in the future.

According to a Monday announcement, Binance hopes the move to consolidate four different stablecoins under a single balance will help “enhance liquidity and capital-efficiency for users.”

As a part of the newly announced changes, Binance will be removing all USDC, TUSD, and USDP trading pairs, 25 in total. All open spot, futures, and margin orders and balances denominated in one of the three stablecoins will be either converted to BUSD or canceled. Other products supporting one of the three stablecoins in question, such as locked and flexible savings products, will also be discontinued.

The auto-convert policy will not impact the way users are able to withdraw their funds from the platform – they will still be able to execute USDC, TUSD, and USDP withdrawals if they so choose.

Binance USD is the third largest stablecoin by market capitalization in the industry, controlling a market share worth $19.48 billion at the time of writing. Tether (USDT) and USDC boast a market cap of $67.55 billion and $51.78 billion, respectively.

Over the last couple of years, fiat-backed stablecoins have absolutely exploded in popularity, which is reflected in the exponential market capitalization increase that can be seen in the chart from The Block below.

Due to Binance’s overwhelming lead as the number one crypto exchange in terms of trading volume, the move to convert competing stablecoins to BUSD could be perceived as a strategy to help it’s stablecoin gain a larger share of the stablecoin market.

Create Binance Account
September 6, 2022