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javedazam
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Stable coin payments are an emerging form of digital transactions using cryptocurrencies that are pegged to stable assets like fiat currencies (e.g., USD, EUR), commodities (like gold), or even other cryptocurrencies. The primary goal of stable coins is to reduce the volatility commonly associated with traditional cryptocurrencies like Bitcoin or Ethereum, making them more practical for everyday payments. How Stable coin Payments Work Pegging Mechanism: Stablecoins maintain a stable value by being backed 1:1 with a reserve asset (e.g., USDT is pegged to the US dollar), or through algorithms that manage supply and demand. Transaction Process: A user sends stablecoins (e.g., USDC, USDT, DAI) from their crypto wallet. The transaction is verified on a blockchain (often Ethereum, Solana, or other networks). The recipient receives the payment almost instantly, often with low fees compared to traditional financial systems. Benefits of Stablecoin Payments Stability: Unlike Bitcoin, the price of stablecoins does not fluctuate wildly, making them suitable for pricing goods and services. Speed: Transactions are usually completed within seconds to minutes, regardless of geographic boundaries. Low Cost: Especially for cross-border payments, fees are often lower than traditional remittance methods. Accessibility: Anyone with a smartphone and internet access can send or receive stablecoin payments. Programmability: Payments can be integrated into smart contracts for automated billing, subscriptions, or escrow services. Popular Use Cases International Remittances: Sending money across borders quickly and cheaply. E-commerce: Accepting payments without relying on credit card networks. Payroll: Companies can pay remote employees or contractors in stable coins. DeFi and Web3 Apps: Used as a base currency for lending, borrowing, and other financial services. #StablecoinPayments #BinanceAlphaAlert #AltcoinETFsPostponed #BinanceSquareFamily #BinanceHerYerde $BNB $BTC $ETH
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📢📢📢😲😲 THE DIGITAL WALLET OF THE CRYPTOCURRENCIES ARE FACING CHALLENGES IN THESE DAYS 🪙🪙🪙💰🌐🌐 In the recent an incident reported in the US by the elderly individual that was victimed by HACKERS and scammed approximately $330 million BTC 😲😲😲😞 It is 5th biggest Crypto scam or hack🪙💰 the hackers used latest social tactics, therefore, you all always remain vigilant and make yourself secur. On this issue, 😔 Binance has wrote a comprehensive article on BINANCE New, you should be ready it. #BinanceAlphaAlert #AltcoinETFsPostponed #Binance #BinanceSquareFamily #BinanceSquareTalks $BNB $BTC $ETH
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#Trump100Days President Donald Trump's first 100 days of his second term, commencing on January 20, 2025, have been marked by aggressive policy shifts, extensive use of executive power, and significant domestic and international ramifications. Immigration and Border Enforcement, Immigration has been a central focus, with the administration implementing stringent measures. Executive Orders, Trump signed numerous orders targeting immigration, including declaring a national emergency at the southern border, suspending refugee admissions, and attempting to end birthright citizenship for children of undocumented immigrants. Laken Riley Act, Enacted to mandate the detention of undocumented immigrants accused of theft-related crimes or assaulting law enforcement, and allowing states to sue the federal government for enforcement failures. Economic Policies and Trade, Trump's economic agenda has introduced significant changes: Tariffs: Imposed a 10% universal import tariff, with higher rates on goods from China, Mexico, and Canada, leading to retaliatory measures and market volatility. Executive Orders: Over 140 orders have been signed, targeting areas such as education, environmental regulations, and federal employment practices. Official Language: Declared English as the official language of the United States through executive order. Foreign Policy and International Relations Trump's foreign policy has been assertive and, at times, controversial. Conclusion President Trump's first 100 days of his second term have been characterized by rapid and sweeping changes across various sectors. While his actions have garnered strong support from his base, they have also sparked significant controversy, legal challenges, and concerns about the long-term implications for American democracy and global relations. #Trump100Day
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#TrumpTaxCuts Trump Lowers Taxes The "Trump tax cut" usually refers to the Tax Cuts and Jobs Act (TCJA), a major piece of legislation signed into law by President Donald Trump on December 22, 2017. It was the biggest overhaul of the U.S. tax system since the Reagan era. Simplifying the tax code, encouraging economic expansion, and lowering taxes were the primary objectives. Key Features: Lower Corporate Taxes: The corporate tax rate was cut from 35% to 21%, aiming to make U.S. businesses more competitive globally.Individual Tax Cuts: Most Americans saw lower income tax rates. The law maintained seven income levels while lowering the rates for the majority of them. Double the Standard Deduction: The standard deduction nearly doubled for individuals, making it easier for many taxpayers to file without itemizing their deductions. Increase in Child Tax Credit: The credit was increased from $1,000 to $2,000 per child, assisting numerous families. Pass-Through Business Deduction: Owners of certain small businesses could deduct up to 20% of their qualified business income. Limitations on Deductions: The law set a $10,000 cap on the deduction for state and local taxes (SALT), which had a particularly negative impact on individuals living in high-tax states like California and New York. Temporary Changes for Individuals: Most individual tax cuts are set to expire after 2025 unless Congress extends them. Impact: Economic Growth: Proponents claim that the tax cuts sped up economic expansion, increased business investment, and reduced unemployment prior to the onset of COVID-19. Federal Deficit: Critics point out the TCJA added significantly to the federal deficit, as the lost revenue wasn’t fully offset by economic growth. Wealth Distribution: Studies showed that higher-income households benefited the most in dollar terms, although many middle- and lower-income families also received cuts. Business Conduct: There was debate regarding the law's long-term benefits for workers because some businesses increased stock buybacks rather than investing the savings.
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