Globcoin Q3–2020 Update
After COVID’s pandemic drastically changed our lifestyle in 2020; it feels like the World is slowly transitioning into “the new normal”. We are not even sure what that means. All we know is that many things are being forced to adapt to new situations, new necessities, new expectations.
And that is what we’ve been doing: adapting. So here’s a list of topics and events that have kept us busy; while we wait to bring you big, important news in the next months!
What’s been going on lately?
- It’s only this semester that we could fully appreciate the surge of stablecoins in the first half of 2020. Stablecoins surpassed bitcoin in transfer value for the first time.
- The World Stablecoin Association launched in Switzerland, our homeland.
- Visa and Mastercard have officially started the race towards digital currency in prepaid cards. We are glad and welcome this move because we were certainly one of the first ones in appreciating the potential in linking cards with cryptocurrencies.
You may also be interested in: Cryptocurrency cards in 2020, where do they stand?
Remote Work and Digital Currencies
As the world deals with the global crisis caused by the COVID19 pandemic, many companies (both disruptive or traditional) have moved to 100% remote teams. This brings to the table a long-postponed discussion: the need for easy, cheap, fast and secure ways to send, receive and use your money (digital or fiat) around the World. Read Now: The role of stablecoins in remote work beyond COVID19
A Central Bank Digital Currency in Switzerland?
Bernard Lunn interviewed our CEO Helie d’Hautefort about the possibility of a CBDC in Switzerland and global adoption trends. Read The full interview on DailyFintech
Stablecoin taskforce for the Crypto Valley
Globcoin CEO Helie d’Hautefort collaborated with the Crypto Valley Association as a part of their Stablecoin Task Force, which provided their thoughts and recommendations regarding the future of stablecoin regulation. Read the document here.
Digital Currency Global Iniatiative
Globcoin is happy to participate in the Digital Currency Global Initiative by Jean-Marc Seigneur. “How do you trust a tokenized basket of currencies if there is no audit? We have proposed a solution thanks to Central Bank Digital Currencies (CBDC) and discussed GLX tokenized basked of fiat currencies plus gold”. More info here.
“The endgame for stablecoins”
Stable Coins Demystified: The Why, How, and Where was the name of the virtual event organized by Token Engineering. Our CEO was invited to participate in the panel “the end game for stablecoins” via zoom.
And remember…
- Our partner Optiminvest is offering a new dynamic hedging service allowing a safe exposure in cryptocurrencies. Read more
- The NGO Learning Lions is taking donations in GLX to help young adults in Africa. Read more
- Our GLX is still the only digital currency linked to a currency basket (15 fiat currencies and gold). Learn more
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