Sage EA Trading System Review Forex Academy

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

Author: Christian Hsieh, CEO of Tokenomy
This paper examines some explanations for the continual global market demand for the U.S. dollar, the rise of stablecoins, and the utility and opportunities that crypto dollars can offer to both the cryptocurrency and traditional markets.
The U.S. dollar, dominant in world trade since the establishment of the 1944 Bretton Woods System, is unequivocally the world’s most demanded reserve currency. Today, more than 61% of foreign bank reserves and nearly 40% of the entire world’s debt is denominated in U.S. dollars1.
However, there is a massive supply and demand imbalance in the U.S. dollar market. On the supply side, central banks throughout the world have implemented more than a decade-long accommodative monetary policy since the 2008 global financial crisis. The COVID-19 pandemic further exacerbated the need for central banks to provide necessary liquidity and keep staggering economies moving. While the Federal Reserve leads the effort of “money printing” and stimulus programs, the current money supply still cannot meet the constant high demand for the U.S. dollar2. Let us review some of the reasons for this constant dollar demand from a few economic fundamentals.

Demand for U.S. Dollars

Firstly, most of the world’s trade is denominated in U.S. dollars. Chief Economist of the IMF, Gita Gopinath, has compiled data reflecting that the U.S. dollar’s share of invoicing was 4.7 times larger than America’s share of the value of imports, and 3.1 times its share of world exports3. The U.S. dollar is the dominant “invoicing currency” in most developing countries4.

https://preview.redd.it/d4xalwdyz8p51.png?width=535&format=png&auto=webp&s=9f0556c6aa6b29016c9b135f3279e8337dfee2a6

https://preview.redd.it/wucg40kzz8p51.png?width=653&format=png&auto=webp&s=71257fec29b43e0fc0df1bf04363717e3b52478f
This U.S. dollar preference also directly impacts the world’s debt. According to the Bank of International Settlements, there is over $67 trillion in U.S. dollar denominated debt globally, and borrowing outside of the U.S. accounted for $12.5 trillion in Q1 20205. There is an immense demand for U.S. dollars every year just to service these dollar debts. The annual U.S. dollar buying demand is easily over $1 trillion assuming the borrowing cost is at 1.5% (1 year LIBOR + 1%) per year, a conservative estimate.

https://preview.redd.it/6956j6f109p51.png?width=487&format=png&auto=webp&s=ccea257a4e9524c11df25737cac961308b542b69
Secondly, since the U.S. has a much stronger economy compared to its global peers, a higher return on investments draws U.S. dollar demand from everywhere in the world, to invest in companies both in the public and private markets. The U.S. hosts the largest stock markets in the world with more than $33 trillion in public market capitalization (combined both NYSE and NASDAQ)6. For the private market, North America’s total share is well over 60% of the $6.5 trillion global assets under management across private equity, real assets, and private debt investments7. The demand for higher quality investments extends to the fixed income market as well. As countries like Japan and Switzerland currently have negative-yielding interest rates8, fixed income investors’ quest for yield in the developed economies leads them back to the U.S. debt market. As of July 2020, there are $15 trillion worth of negative-yielding debt securities globally (see chart). In comparison, the positive, low-yielding U.S. debt remains a sound fixed income strategy for conservative investors in uncertain market conditions.

Source: Bloomberg
Last, but not least, there are many developing economies experiencing failing monetary policies, where hyperinflation has become a real national disaster. A classic example is Venezuela, where the currency Bolivar became practically worthless as the inflation rate skyrocketed to 10,000,000% in 20199. The recent Beirut port explosion in Lebanon caused a sudden economic meltdown and compounded its already troubled financial market, where inflation has soared to over 112% year on year10. For citizens living in unstable regions such as these, the only reliable store of value is the U.S. dollar. According to the Chainalysis 2020 Geography of Cryptocurrency Report, Venezuela has become one of the most active cryptocurrency trading countries11. The demand for cryptocurrency surges as a flight to safety mentality drives Venezuelans to acquire U.S. dollars to preserve savings that they might otherwise lose. The growth for cryptocurrency activities in those regions is fueled by these desperate citizens using cryptocurrencies as rails to access the U.S. dollar, on top of acquiring actual Bitcoin or other underlying crypto assets.

The Rise of Crypto Dollars

Due to the highly volatile nature of cryptocurrencies, USD stablecoin, a crypto-powered blockchain token that pegs its value to the U.S. dollar, was introduced to provide stable dollar exposure in the crypto trading sphere. Tether is the first of its kind. Issued in 2014 on the bitcoin blockchain (Omni layer protocol), under the token symbol USDT, it attempts to provide crypto traders with a stable settlement currency while they trade in and out of various crypto assets. The reason behind the stablecoin creation was to address the inefficient and burdensome aspects of having to move fiat U.S. dollars between the legacy banking system and crypto exchanges. Because one USDT is theoretically backed by one U.S. dollar, traders can use USDT to trade and settle to fiat dollars. It was not until 2017 that the majority of traders seemed to realize Tether’s intended utility and started using it widely. As of April 2019, USDT trading volume started exceeding the trading volume of bitcoina12, and it now dominates the crypto trading sphere with over $50 billion average daily trading volume13.

https://preview.redd.it/3vq7v1jg09p51.png?width=700&format=png&auto=webp&s=46f11b5f5245a8c335ccc60432873e9bad2eb1e1
An interesting aspect of USDT is that although the claimed 1:1 backing with U.S. dollar collateral is in question, and the Tether company is in reality running fractional reserves through a loose offshore corporate structure, Tether’s trading volume and adoption continues to grow rapidly14. Perhaps in comparison to fiat U.S. dollars, which is not really backed by anything, Tether still has cash equivalents in reserves and crypto traders favor its liquidity and convenience over its lack of legitimacy. For those who are concerned about Tether’s solvency, they can now purchase credit default swaps for downside protection15. On the other hand, USDC, the more compliant contender, takes a distant second spot with total coin circulation of $1.8 billion, versus USDT at $14.5 billion (at the time of publication). It is still too early to tell who is the ultimate leader in the stablecoin arena, as more and more stablecoins are launching to offer various functions and supporting mechanisms. There are three main categories of stablecoin: fiat-backed, crypto-collateralized, and non-collateralized algorithm based stablecoins. Most of these are still at an experimental phase, and readers can learn more about them here. With the continuous innovation of stablecoin development, the utility stablecoins provide in the overall crypto market will become more apparent.

Institutional Developments

In addition to trade settlement, stablecoins can be applied in many other areas. Cross-border payments and remittances is an inefficient market that desperately needs innovation. In 2020, the average cost of sending money across the world is around 7%16, and it takes days to settle. The World Bank aims to reduce remittance fees to 3% by 2030. With the implementation of blockchain technology, this cost could be further reduced close to zero.
J.P. Morgan, the largest bank in the U.S., has created an Interbank Information Network (IIN) with 416 global Institutions to transform the speed of payment flows through its own JPM Coin, another type of crypto dollar17. Although people argue that JPM Coin is not considered a cryptocurrency as it cannot trade openly on a public blockchain, it is by far the largest scale experiment with all the institutional participants trading within the “permissioned” blockchain. It might be more accurate to refer to it as the use of distributed ledger technology (DLT) instead of “blockchain” in this context. Nevertheless, we should keep in mind that as J.P. Morgan currently moves $6 trillion U.S. dollars per day18, the scale of this experiment would create a considerable impact in the international payment and remittance market if it were successful. Potentially the day will come when regulated crypto exchanges become participants of IIN, and the link between public and private crypto assets can be instantly connected, unlocking greater possibilities in blockchain applications.
Many central banks are also in talks about developing their own central bank digital currency (CBDC). Although this idea was not new, the discussion was brought to the forefront due to Facebook’s aggressive Libra project announcement in June 2019 and the public attention that followed. As of July 2020, at least 36 central banks have published some sort of CBDC framework. While each nation has a slightly different motivation behind its currency digitization initiative, ranging from payment safety, transaction efficiency, easy monetary implementation, or financial inclusion, these central banks are committed to deploying a new digital payment infrastructure. When it comes to the technical architectures, research from BIS indicates that most of the current proofs-of-concept tend to be based upon distributed ledger technology (permissioned blockchain)19.

https://preview.redd.it/lgb1f2rw19p51.png?width=700&format=png&auto=webp&s=040bb0deed0499df6bf08a072fd7c4a442a826a0
These institutional experiments are laying an essential foundation for an improved global payment infrastructure, where instant and frictionless cross-border settlements can take place with minimal costs. Of course, the interoperability of private DLT tokens and public blockchain stablecoins has yet to be explored, but the innovation with both public and private blockchain efforts could eventually merge. This was highlighted recently by the Governor of the Bank of England who stated that “stablecoins and CBDC could sit alongside each other20”. One thing for certain is that crypto dollars (or other fiat-linked digital currencies) are going to play a significant role in our future economy.

Future Opportunities

There is never a dull moment in the crypto sector. The industry narratives constantly shift as innovation continues to evolve. Twelve years since its inception, Bitcoin has evolved from an abstract subject to a familiar concept. Its role as a secured, scarce, decentralized digital store of value has continued to gain acceptance, and it is well on its way to becoming an investable asset class as a portfolio hedge against asset price inflation and fiat currency depreciation. Stablecoins have proven to be useful as proxy dollars in the crypto world, similar to how dollars are essential in the traditional world. It is only a matter of time before stablecoins or private digital tokens dominate the cross-border payments and global remittances industry.
There are no shortages of hypes and experiments that draw new participants into the crypto space, such as smart contracts, new blockchains, ICOs, tokenization of things, or the most recent trends on DeFi tokens. These projects highlight the possibilities for a much more robust digital future, but the market also needs time to test and adopt. A reliable digital payment infrastructure must be built first in order to allow these experiments to flourish.
In this paper we examined the historical background and economic reasons for the U.S. dollar’s dominance in the world, and the probable conclusion is that the demand for U.S. dollars will likely continue, especially in the middle of a global pandemic, accompanied by a worldwide economic slowdown. The current monetary system is far from perfect, but there are no better alternatives for replacement at least in the near term. Incremental improvements are being made in both the public and private sectors, and stablecoins have a definite role to play in both the traditional and the new crypto world.
Thank you.

Reference:
[1] How the US dollar became the world’s reserve currency, Investopedia
[2] The dollar is in high demand, prone to dangerous appreciation, The Economist
[3] Dollar dominance in trade and finance, Gita Gopinath
[4] Global trades dependence on dollars, The Economist & IMF working papers
[5] Total credit to non-bank borrowers by currency of denomination, BIS
[6] Biggest stock exchanges in the world, Business Insider
[7] McKinsey Global Private Market Review 2020, McKinsey & Company
[8] Central banks current interest rates, Global Rates
[9] Venezuela hyperinflation hits 10 million percent, CNBC
[10] Lebanon inflation crisis, Reuters
[11] Venezuela cryptocurrency market, Chainalysis
[12] The most used cryptocurrency isn’t Bitcoin, Bloomberg
[13] Trading volume of all crypto assets, coinmarketcap.com
[14] Tether US dollar peg is no longer credible, Forbes
[15] New crypto derivatives let you bet on (or against) Tether’s solvency, Coindesk
[16] Remittance Price Worldwide, The World Bank
[17] Interbank Information Network, J.P. Morgan
[18] Jamie Dimon interview, CBS News
[19] Rise of the central bank digital currency, BIS
[20] Speech by Andrew Bailey, 3 September 2020, Bank of England
submitted by Tokenomy to tokenomyofficial [link] [comments]

100% Profit Bot Review SYstem -Does Hundred Percent Profit Automated Binary Robot Trading Software Free Download

100% Profit Bot Review SYstem -Does Hundred Percent Profit Automated Binary Robot Trading Software Free Download Now from Here. 100% Profit Bot Overview: Read this Comprehensive 100% Profit Bot Review before you make any mistake and spend your hard earned in vain. Free Download 100% Profit Bot Forex Robot Software...
What is 100% Profit Bot System Review by Mavin by All about? Is 100% Profit Bot Software Scam? You Must Read this honest 100% Profit Bot Software Review...
Product Description: Product complete : 100% Profit Bot Product Creator: SportsMavin Niche: Binary Options 
Official website : www.100percentprofitbot.com
Money-back Promise : Yes (2months) Delivery amount : fast Delivery Bonus offer : affirmative($300) 
Download: [email protected]> English Landing page
Download: [email protected]> German Landing page
Download: [email protected]> Russian Landing page
What is 100% Profit Bot?
100% Profit Bot is a great development by a famous, well established and experienced option trader with a viewpoint to enable investors to perform different tasks with ease and convenience.
This is basically a software that is designed to help traders win and predict the market trend of their respective options. It works as a code to get financial success, shows traders how they can make money online, helps them to discover different ways to get huge returns on their investment. The software also provide analyses of market conditions so that traders can know what should be their next step. It gives different secret strategies that ultimately help traders to make thousands of dollars only for a few dollars.
100% Profit Bot Review:
I have done a huge research about this binary options tool, believe me, I just have to check all the info before I start any type of business. What I have found out is that this is incredible, binary options trading tool that has a really high performance. When I thought about getting 75% of profit without it taking too much time, I just knew I had to try it out, especially when it is free right now.
While it is nearly impossible for any binary options software to deliver a 100% success ratio, but 100% Profit Bot is proving itself to be the most resourceful among all other systems available right beside this one. The extensive bets testing which had been done before it was actually made public has finally paid off and has made it rise as the top most binary options trading software. It is highly recommendable software to people as with 80% accuracy they get to bring in close to 185% of their cost daily. The availability of a dedicated support team also plays a vital role in helping the users in case of any dubiety. All plus points combined in one sends a pretty positive message to everyone in need of a perfect binary options trading software.
==> Click here to Get Started With 100% Profit Bot Now & Claim Bonus $300 From Officially ==>
Is It a Scam?
Actually, it’s impossible for it to be a scam. You’re literally signing up to watch a pro trade. You get to see him instantly, in real time, each day making trades, winning and losing (and winning much more than losing). The results speak for themselves. He’s also helpful and teaches you along the way. I’m so impressed by this system because there is no doubt it is real. They don’t need to hype it up or make outrageous claims.
Does it actually work?
Many people will say that binary trading is a risky business and tend to stay away from it. But from my experience, high volatility means HIGH RETURN OF INVESTMENT. But this is where 100% Profit Bot comes into play, the mathematical algorithm used by the software takes the guess work out choosing a winning profitable trade. You don’t have to be an expert. Like I said earlier, I have personally tested 100% Profit Bot and found the success rate is about 70%. I don’t know about you, but a 70% chance of making a profitable trade is VERY GOOD! I’ve never come across anything like this before. Keep reading, below are my results for the past week or so…
The Benefits Of 100% Profit Bot:
Watch over the Shoulder of a Pro Every Day and you can learn as you trade.
Averaging 85% Winning Weeks – which means more potential profits for you
100% Profit Bot Are Completely Transparent
No previous experience with binary options trading needed
Web based, no need for downloads, also works on phones, tablets
You Can Even Watch Them From Your Phone (iPhone Users – Photon Browser)
No PC Downloads Required
Multiple Signals Every Day – You will receive average of 4 – 5 signals daily which is good enough for you to earn quick cash for your day.
Can turn $500 into $2271 in fews days
<==Download Free Now==>
The Negative Of 100% Profit Bot:
100% foolproof success cannot be guaranteed, but over 80% of people have success with this Must have computer or internet access Must have about an hour a day (No something for nothing here) 
Bottom Line: If you are ready to start making money online, there has never been a better opportunity than now. If you enjoy surfing the web for countless hours looking for the next hot tip, never being able to get focused, being overloaded with conflicting information, and not making money online, you should probably leave this page right now and get back to that strategy.
100% Profit Bot is recommended! If you buy this product and start implementing what teaches you I have no doubts that you’ll make money. 100% Profit Bot works and it’s not a scam. 
This is what works for me. Overall, it is well worth its price. Highly recommended! You won’t regret it!?
submitted by Rajonigandhaa to ReRetiring [link] [comments]

Want a Forex trading Expert Advisor that makes 1% a day, 5 ... The Easiest Forex STRATEGY! You must watch! 🙄 - YouTube 10% Growth in 1 DAY !!!! with Trading Forex on Renko Charts. Best EA Forex robot 2020  automated forex trading - YouTube 1 Simple Forex Trading Strategy: +369% Percent Compounded ... 99 accurate forex trading systemstrategybest forex ... Best Forex Indicators System Review 250+ pips Every day ...

200 Pips Daily Forex Chart Strategy With 3 EMA’s. Trading off the daily chart with 3 exponential moving averages system and forex buy/sell oscillator. Our aim is to make 200 pips on each trade. This simple system requires very little maintenance. You’ll only need to check your charts once a day. Chart Setup . Indicators: 25 EMA, 60 EMA, 100 EMA, Robby DSS Forex Preferred time frame(s ... What is Day Trading? Let us be clear about what exactly day trading Forex means. It can be defined as sitting in front of a trading screen for a meaningful continuous period of time and making trades that should substantially be closed by the time the trader closes up the computer and is done for the session.. A day trader might be scalping, meaning going for fast trades with very small profit ... Day Trading Exchange Traded Funds ETF Trading System Strategies Short Review:A High Converting Etf Trading System For Forex Or Stock Customers With Great Daily Returns For Over 3 Years! Simple & Two Percent Daily Review Fantasy Dream Team . So we got an email a couple days ago and have been meaning to get to this one but things have been extremely busy with new Forex Robot Reviews. So today we are going to uncover and review the Fantasy Dream Team’s Two Percent Daily. It is pretty easy to understand what their angle is, gain at least 2% every day and keep the doctor away 🙂 By ... This review was really posted by Robert Halterman, who was running a competing service. nevmar, Durban, South Africa, Sep 20, 2017, Registered user . Last week I paid for and downloaded Forex Trendy it appears to be a fairly good product although it shows trends when pairs have already exceeded their ADR. When I paid for the product I noticed the VAT charge which did not have a South African ... 91# Forex Profit System; 92# Forex Volcano Scalping; 93# Trade The News Strategy; 94# Trader Wawasan; 95# 5 min Method ; 96# MQLPRO stoc/cci/VB; 97# Laguerre Scalping; 98# AFX Trader; 99# VForce System; 100# Thrall Scalping; 101# 5 min Trading System; 102# Predator Scalping Trading System; 103# Day Trading GBP/JPY; 104# Vlad System 15 min Day Trading; 105# Scalper Wave; 106# 1 min Scalping ... No one wins every trade, and the 1-percent risk rule helps protect a trader's capital from declining significantly in unfavorable situations. If you risk 1 percent of your current account balance on each trade, you would need to lose 100 trades in a row to wipe out your account. If novice traders followed the 1-percent rule, many more of them would make it successfully through their first ... Forex vsd system This framework works on the basis of 15 minutes to the 1 hour of the work time. Everyone who is the part of the forex trading can know that there are a lot of the indicators that are actually really work but there are only a few … Read More » Download Pips Range Value Counter Indicator for MT4 & MT5. Indicators. Are you want best Forex pips counter indicator mt4 for daily ... DailyForex has all the resources that traders need to succeed, including comprehensive Forex reviews, daily Forex news and technical analysis for the major currency pairs. See how the right Forex reviews can help you master the currency markets! Check out our free Forex signals! Most Popular Review Listings. Forex brokers listings by country: US Forex Broker; South Africa Brokers; UK Forex ... Home Forex Service Review Sage EA Trading System Review. Forex Service Review; Sage EA Trading System Review. By. Forex Academy - 24 June, 2020. 90. 0. Facebook. Twitter. Pinterest. WhatsApp. Linkedin. ReddIt. Email. Print. Tumblr. Telegram. StumbleUpon. VK. Digg. LINE. Viber. Sage EA is an Expert Advisor that was created by the author Serhii Yermolenko. It was originally launched on the mql5 ...

[index] [14265] [18469] [19918] [4075] [29375] [15486] [4055] [8712] [7883] [27856]

Want a Forex trading Expert Advisor that makes 1% a day, 5 ...

#Davincipro #BestEAforex #EaForex2020 #Da-Vinci.pro Free sign-up for Davinci: http://bit.ly/Da-vinchi Main site :https://www.davinciproforex.com I have made ... 99 accurate forex trading systemstrategybest forex indicators for beginners forex indicator downlaod link https://earn4fun.in/Ufy5MH https://forexpasha.blo... The 4 forex strategies that every trader should know ! 🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fundamental Trading Academy https://w... http://automatedmt4indicators.com/tod-hedged-ea/ Good moves in the forex and Crypto markets Review a really interesting EA but first, let’s look at success i... Learn More About The Forex Bank Trading Strategy By Clicking Here: https://www.daytradingforexlive.com/day-trading-forex-education-course/ With February's ga... Welcome to FOREX STRUCTURE In this video we show you a couple of live trades and reaching our daily profit 10% check out one of our accounts MT4 Broker : SwissInternational Login : 550318760 ... https://www.youtube.com/channel/UC4oKrech-R1prJpAkDLKM7Q [email protected] This is one of the best forex trading indicator which can give you more...

https://arab-binary-option.junkdasidpa.gq