Tech Brew Ride Home Fri. 08/13 – The Growing Power Of Stablecoins
Aug 13, 2021
Disney's surprising streaming growth and Nvidia's virtual CEO keynote grab attention. The future of stablecoins, particularly USDC, hints at a potential partnership with the U.S. Federal Reserve. Discussion includes the rise of stablecoins as crucial players in the crypto world, especially post-DeFi hacks. NFTs are making a comeback, serving as status symbols and investment assets. Lastly, innovations in design and the promising developments in nuclear fusion suggest exciting shifts ahead in technology and energy.
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Disney+ Exceeds Expectations
- Disney+ exceeded Q3 subscriber estimates, reaching 116 million subscribers.
- This success was attributed to improved results from Hulu and Disney+ Premiere Access releases.
NVIDIA's Virtual CEO
- NVIDIA's CEO Jensen Huang's April keynote was partially led by a virtual replica.
- This replica was created using a 3D model and AI-trained gestures and expressions.
Circle's Banking Ambitions
- Circle aims to become a fully regulated bank, potentially making USDC a de facto central bank digital currency.
- This would involve placing all USDC deposits on reserve at the Federal Reserve.