Credit

TerraCredit is on a mission to circulate the cryptocurrency market and help the unbanked and unfortunate without competition. Hotbit announced bringing CREDIT onto its platform, whereby the official launch will be on August 3. However, depositing CREDIT on the platform will open on July 31, while trading will open as of August 3. CREDIT will be trading against USDT, to begin with, hoping to increase the trading pairs as time goes by. Terra Credit has been vigilant about its worldwide…

MyCointainer is set to list TerraCredit’s native token, CREDIT, right before the swap to CREDIT 2.0 is completed.  Bitforex and Catex are the latest to list CREDIT, with the pair available for trading as CREDIT/USDT. At the time of writing, CREDIT has a trading volume of $40,970 and a market cap of $325,225 with a maximum supply of over 70 billion coins. TerraCredit has its main target on helping the world’s unbanked population by providing a payment solution besides cash.…

The deputy governor for the Bank of England (BoE), Jon Cuncliffe, warned that the crypto economy’s exponential growth might weaken or end bank credit issuance. Cuncliffe pointed out this while delivering a speech at the London School of Economics on the 28th of February. Cuncliffe stated that BoE’s role is to ensure that the UK’s money works safely and reliably. The BoE official predicted that the integration of stablecoins on social media platforms, including the Libra project, could result in…