Altcoins and stablecoins:
Many friend.tech clones are popping up now, such as the New Bitcoin City on BTC, and Song.tech, where you can submit and trade keys of your favourite hits from Spotify. Did you know that 80% of the crypto trading volume in Brazil is done with USDT, up to $55B this year? The Tether reserves seem to increase nicely, with $72B in cold hard cash, a record-high percentage, even as its dominance went below 70%. The Unibot token price went 30% down after a hacker used a call injection attack to drain $600K from connected wallets. Hong Kong is entertaining the thought of issuing a CBDC, a digital HK dollar, following the China model.
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