Join the Everlodge presale and win a luxury holiday to the Maldives


USDC Uses Real-World Assets as Backing


Despite the decline in USDC's market cap and the challenges it has faced, the stablecoin still holds significant utility and remains a relevant player in the cryptocurrency market.


Moreover, USDC has established partnerships with reputable financial institutions like BlackRock and BNY Mellon, which helps maintain trust and confidence in the stability of the stablecoin. Despite the temporary de-pegging incident caused by the insolvency of Silicon Valley Bank, Circle successfully handled redemptions, showcasing its resilience and ability to manage crises.


Like many, USDC is proving itself by starting to use real world assets as collateralisation.


However, USDC's decline in market cap over the past year reflects some underlying challenges and competition from other stablecoins. The growth of USDT (Tether), the largest stablecoin by market cap, and its all-time high market cap of $83.8 billion indicates the dominance of Tether in the stablecoin market.


Stablecoin dominance, as a whole however, has fallen to near 2-year lows, indicating a shift in market dynamics and the emergence of other types of digital assets.


The Sandbox keeps partnering with popular brands


The Sandbox has announced several groundbreaking partnerships and updates, cementing its position as a leading metaverse platform. The collaboration with The Walking Dead brings the TV show's universe to the metaverse, allowing fans to own and trade virtual real estate themed after the iconic series.


Additionally, The Sandbox launched a LAND presale for its upcoming Alpha Season 2, giving players the opportunity to purchase virtual real estate for creative expression. The platform also introduced a major update, enabling users to build on LAND and enjoy new quests.


Moreover, The Sandbox has partnered with luxury brand Gucci to offer virtual experiences and exclusive fashion within the metaverse. Similarly, a collaboration with Warner Music Group allows artists to host virtual concerts and immersive music experiences, enriching the metaverse's entertainment options.


These developments showcase The Sandbox's commitment to continuous innovation, creating an engaging and dynamic metaverse community. The project's future promises even more exciting adventures and partnerships in the ever-expanding digital frontier. It may, however, take time before the results are evident in the price of SAND.


Everlodge allows you to own fractions of real life property


Whilst it’s great to own property in the Sandbox, in a way the Sandbox is a mirror for life. Entities that exist in real life make virtual spaces in the Sandbox. But what if you could own real life places, using the blockchain?


That’s what Everlodge are doing, through partnering with hotel chains and exclusive developers. They’ll take suitable properties, tokenize them on the Ethereum blockchain, then sell fractions for as little as $100.


Property investors can imagine having 5-10 NFT shares in dream vacations around the world, all manageable through their upcoming app. The app will show how much revenue each property is expected to bring.


The opportunity right now is to get in on the ground floor, as the presale of the token ELDG is now in presale for just $0.01. The minimum launch price will be $0.038 which is a 240% rally and then experts are forecasting a 30x as soon as it goes live on Uniswap.


Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge