CMCC Global writes monthly to investors, sharing our views on market dynamics and demystifying this new asset class.
Industry Insights
Insights
Here we share selected insights, exploring important topics in the blockchain ecosystem.
The Role of Stablecoins
In November we interviewed Do Kwon, the CEO of Terra, and spoke at length about the use of stablecoins in ecommerce and beyond. As Do highlighted, there is clear product-market fit for stablecoins as a method of online payment.
Digital Asset Exchanges in 2020
Crypto exchanges have evolved from limited platforms offering a small number of spot trading pairs, to expansive platforms offering spot and derivative markets, lending and borrowing products, and crypto-native “yield” products such as staking.
DeFi in 2020
Over the last year the DeFi ecosystem has seen significant growth, with the total value locked in DeFi contracts on Ethereum growing from USD500m in September 2019 to over USD10bn today.
Project Serum
FTX, one of the world leading cryptocurrency derivatives exchanges, has launched a decentralized exchange called Serum that runs on Solana. Serum is a decentralized exchange for spot and derivative trading and has been met by excitement in the industry as FTX is one of the most prominent and well-respected exchanges in the digital asset space.
Cosmos and the Launch of IBC
Cosmos is set to release its Stargate update, the largest upgrade to date that activates Inter-Blockchain Communication (IBC) and unleashes full network functionality.
