Place/Date: – February 6, 2023 at 5:28 am UTC 3 minute read
Source: Orbeon Protocol
National Australia Bank (NAB) has announced the launch of a stablecoin on the Ethereum (ETH) blockchain. This move comes as Bitcoin (BTC) continues to gain mainstream acceptance and Orbeon Protocol (ORBN) continues its pre-sale, moving into phase 5 with a token price of $0.06.
Ethereum (ETH)
Created in 2015 by Vitalik Buterin, Ethereum (ETH) is an open source blockchain platform that allows developers to create and deploy decentralized applications (Dapps). Ethereum (ETH) stands out among other blockchains as the most advanced, used, and trusted platform in the space.
So it comes as no surprise that NAB has chosen to build its stablecoin on the Ethereum (ETH) blockchain. This project is part of NAB’s larger exploration into distributed ledger technology, and Ethereum (ETH) is the best fit for your needs.
This is one of the first major institutions to use the enhanced PoS version of Ethereum (ETH). With improved scalability and reduced fees, this could be the start of increased interest in the Ethereum (ETH) platform.
When it comes to Ethereum (ETH) price, Ethereum (ETH) is up more than 4% in the last 7 days and currently sits at $1,582.25.
Bitcoin (BTC)
The launch of the NAB stablecoin on Ethereum (ETH) comes as Bitcoin (BTC) continues to gain ground. More institutions and corporations are considering using Bitcoin (BTC) as a hedge against inflation and volatility, as well as a store of value. As such, the price of Bitcoin (BTC) has been steadily rising.
The price of Bitcoin (BTC) currently sits at $23,098.71 and is up 10% in the last 7 days. This is part of a bullish trend that has seen the price of Bitcoin (BTC) nearly double since hitting a low in December 2022.
So what started this Bitcoin (BTC) uptrend? Well, some analysts claim that Bitcoin (BTC) only fell below the $20,000 support due to the FTX scandal. With the bad news now behind us, it looks like the Bitcoin (BTC) market is poised for another bull run.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN), a decentralized finance (Defi) project, has also been gaining traction recently. Pre-sale for the project began in Q4 2022 and has since raised millions.
Orbeon Protocol (ORBN) aims to revolutionize the crowdfunding market with a decentralized platform that tokenizes capital into NFTs. These NFTs are then sold and traded on the Orbeon Protocol (ORBN) exchange, allowing investors to buy and sell shares in projects.
The Orbeon Protocol (ORBN) system is ideal for all parties: start-ups can seek crowdfunding without the need for venture capital, while Orbeon Protocol (ORBN) investors gain access to seed investments that were once out of business. its reach.
Smart contracts connect buyers and sellers transparently and without trust. Plus, they automate all the processes involved, which means there are no middlemen to slow down the process or take a cut of the profits.
But to take full advantage of the Orbeon Protocol (ORBN), the ORBN token is needed. ORBN facilitates all transactions within the platform and provides holders with access to exclusive features such as staking rewards, first access to new projects, governance rights and lower fees.
With the official launch of the platform and exchange listings set to take place in 2023, it is no surprise that Orbeon Protocol (ORBN) is gaining traction and nearly sold out of pre-sale.
Learn more about the Orbeon Protocol: Presale, Website, Telegram.
Subscribe to our telegram channel.
Join