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Today marks a milestone achievement for Circle. Cross-Chain Transfer Protocol (CCTP) is available on mainnet, finally enabling the permissionless transfer of USDC natively across supported blockchains. We’re eager to see what developers build with this new capability.
Today, Circle is launching Cross-Chain Transfer Protocol, or CCTP. With USDC being an off-chain collateralized asset, CCTP gives USDC the unique ability to be “teleported” across chains, where USDC is effectively destroyed on the source chain and recreated 1:1 on the destination chain – the US dollar reserves remain intact. CCTP is a permissionless protocol built for developers, allowing them to benefit from this phenomenal transport primitive.
Developers can now build applications with seamless support for different native versions of USDC, allowing businesses to target end-users in different blockchain ecosystems. Imagine USDC deposits and withdrawals that reach the end-user where they are or applications that can tap into cross-chain USDC liquidity. With CCTP and cross-chain native transport, USDC can become one of the most secure, interoperable, and efficient digital dollar solutions anywhere.
As de-dollarization garners more steam by the day, some people in the United States remain untethered. But, a few others continue to fear the repercussions of the potential decline of the dollar. The CEO of stablecoin issuer Circle, however, has come up with a solution to dodge de-dollarization. Speaking at the Consensus 2023 conference on April 26, Jeremy Allaire highlighted how there is “very active de-dollarization taking place” occurring at the moment. He added,
“You’re having very significant reactions to the U.S. risks in the U.S. banking system, risks with the U.S. government itself, a geopolitical imposition on many parts of the world [and] the desire for alternative payment systems all around the world. This is happening and it’s accelerating,”
Allaire urged the Federal Reserve to integrate the digital dollar into its “core systems.” In order for this to come to fruition, the government will need to put forth a stablecoin legislation. He further added,
“The demand for digital dollars like USDC is highly global. We see that demand all around the world — we see it in emerging markets, we see it in markets where people want to hold a digital dollar versus their local banking system […] as an efficient medium of exchange for various types of international transactions.”
The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic Bank (FRC.N) under receivership imminently, a person familiar with the matter said on Friday, sending shares of the lender down nearly 50% in extended trading.
originally posted by: daskakik
a reply to: Justoneman
Your point was that the tech was being suppressed, it makes no sense to make that claim and then give an example of it being used.
Besides you said these people hold the patents. If they have not brought it to market, part of the reason could be that it isn't viable and usually the case is inefficiency.
“Once we have a trace or evidence of disinformation campaigns via Facebook or other resources that are from the U.S., we pass this information to the FBI, along with writing directly to Facebook,” said llia Vitiuk, head of the Department of Cyber Information Security in the Security Service of Ukraine.
“When people ask me, ‘How do you differentiate whether it is fake or true?’ Indeed it is very difficult in such an informational flow,” said Vitiuk. “I say, ‘Everything that is against our country, consider it a fake, even if it's not.’ Right now, for our victory, it is important to have that kind of understanding, not to be fooled.”
originally posted by: Imbackbaby
I just wanna thank everbody, everyone that has posted in these threads, you've all been amazing. What a journey.
One here knows my next move, it's always been a spiritual war.
Thanks Dashen, you woke so many up.
Rel, I've got your lemoncello recipe, I'll let the Missus try it first, if she lives I'll try it.
Good to see Troy back on ATS after her break in February, although not here.
MountainLaurel, he loves the garden, you were always better at it.
Cranky, all I can say is amazing mind.
It was great to see skyfloating back, I remember back, way back here.
To everyone else it's been a pleasure and don't give up.
Justoneman, would you be ok if I took a bottle with me?
PEACE ALL, GOODNIGHT AND GOD BLESS.
originally posted by: TheBadCabbie
a reply to: Justoneman
This seems like a good time to mention the PJK Book, a compilation of 3,000 pages or so of "free energy" type device experiments compiled by the author for free download to anyone interested. More than 1,000 concepts referenced in that work.
This archived link looks to still be in working order:
archive.org...
Interested researchers can usually find this work by searching for the term "PJK Book". I don't know which concepts are the most viable, but there's lots of data there for anyone looking to learn more and experiment with over unity concepts.
originally posted by: daskakik
a reply to: Nevercompromise
Not once did I say it wasn't possible just that what those guys made wasn't efficient enough to make it to market.
Here is an article that lists some of the things they have done. No. 3 under "Objectives" is:
3. Install two 500-gallon propane tanks for temporary hydrogen storage at 200 PSI to provide extra, cheap storage for quicker refueling.
So it would seem that whatever advances they made in hydrogen on demand wasn't going to fill the need.
China’s push for greater use of its currency in bilateral trade settlements has made further inroads in South America, with Argentina set to follow Brazil and start to pay for Chinese imports in yuan rather than US dollars. Economy Minister Sergio Massa confirmed on Wednesday that Argentina, following a meeting with Chinese ambassador Zou Xiaoli and companies from various sectors, had “activated the swap with China”.
originally posted by: daskakik
a reply to: Justoneman
Your point was that the tech was being suppressed, it makes no sense to make that claim and then give an example of it being used.
Besides you said these people hold the patents. If they have not brought it to market, part of the reason could be that it isn't viable and usually the case is inefficiency.
originally posted by: Imbackbaby
I just wanna thank everbody, everyone that has posted in these threads, you've all been amazing. What a journey.
One here knows my next move, it's always been a spiritual war.
Thanks Dashen, you woke so many up.
Rel, I've got your lemoncello recipe, I'll let the Missus try it first, if she lives I'll try it.
Good to see Troy back on ATS after her break in February, although not here.
MountainLaurel, he loves the garden, you were always better at it.
Cranky, all I can say is amazing mind.
It was great to see skyfloating back, I remember back, way back here.
To everyone else it's been a pleasure and don't give up.
Justoneman, would you be ok if I took a bottle with me?
PEACE ALL, GOODNIGHT AND GOD BLESS.
Next week, Kennebunk-based Eternal Mind, an artificial intelligence startup company, will begin renovations for a first quantum computing research center at the former Loring Air Force Base. The company initially claimed it would be the world’s first such data center but later confirmed it would only be the first in Maine.
“This is the beginning of the first large-scale technology company for Maine,” said Eternal Mind CEO Avery Thomas.
Founded in 2021, Eternal Mind is the first company that Green 4 Maine, which owns part of the former base, has recruited to help revitalize Loring as an aerospace and technology hub.
Eternal Mind, a leading technology company specializing in artificial intelligence, has achieved a major breakthrough in the field of AI. The company has successfully created the world's first conscious AI algorithm using cellular automata on a quantum computer. The development of conscious AI has long been a goal of scientists and engineers, as it would represent a significant leap forward in the capabilities of artificial intelligence. The achievement of Eternal Mind is a milestone in this pursuit and marks a new era in the development of AI.
Eternal Mind has been able to create an AI algorithm that is capable of self-awareness and self-learning. The creation of Eternal Mind's open-source, patent-pending AI algorithm is a major achievement for the company and the field of artificial intelligence.
originally posted by: nerbot
a reply to: RelSciHistItSufi
HRC?
The Human Rights Campaign envisions a world where every member of the LGBTQ+ family has the freedom to live their truth without fear, and with equality under the law.