USD
Coverage of USD in the Nexus archive.
- [VEN] palestinian scams on tumblr?
A Tumblr user seeks confirmation if a request for $120 USD, 20 YEN, and 100 Euros is a scam, expressing concern about platform legitimacy and personal struggles with helping versus avoiding fraud.
- Traders once again prefer dollars over bitcoin. USDT, USDC dominance rises.
Traders are showing increased preference for US dollars over Bitcoin, with stablecoins USDT and USDC gaining dominance in the market. This shift highlights a trend toward traditional fiat currencies and stable digital assets amid cryptocurrency volatility.
- question about crypto taxes
The author spent their savings on Bitcoin during a bipolar episode and is seeking advice on how to sell a portion of it without paying taxes. They want to know if they can regain their original investment in USD without paying capital gains. The author is looking for options on what to do with their Bitcoin.
- If crypto is "the future of money," why do most people still immediately convert gains to USD?
The article discusses the paradox of cryptocurrency being considered the future of money, yet most people immediately convert their gains to USD. This behavior suggests that users may not have full confidence in crypto. The situation highlights a contradiction in the cryptocurrency market.
- Are Stablecoin Remittances DeFi’s First Real Mass-Market Use Case?
DeFi's mainstream adoption might be achieved through stablecoin remittances, which offer near-instant transfers, low fees, and access to USD-denominated value globally. This use case is gaining quiet adoption outside crypto circles, particularly among freelancers, businesses, and migrant workers. The tech behind stablecoin payments is mostly solved, but friction remains in fiat on/off ramps, regulations, and user experience.
- Bitcoin vs stocks vs gomining
The author has $9.6K USD and is considering investing in Bitcoin or a miner to generate passive income, as they are finding it hard to save money due to their wife's lack of income. They are weighing the pros and cons of buying BTC directly versus investing in a miner. The author is seeking advice on the best investment option.
- Self-custody did not kill private banking. It exposed why it was useful.
The article discusses the limitations of self-custody in crypto and the need for a private banking-style infrastructure that combines ownership and control with operational simplicity. It highlights the complexities of managing assets across multiple chains, wallets, and currencies. The author is building a thesis around this concept with Bennu.
- Canada Debuts First Regulated Stablecoin Created by Tetra Digital
Canada debuts its first regulated stablecoin created by Tetra Digital, a CAD-backed stablecoin aiming to comply with local currency regulations. The move is seen as a challenge due to dominance of USD stablecoins and potential liquidity issues. Integration and exchange support are considered crucial for its success.
- Solana Emerging Stablecoin Supply is growing
Solana's stablecoin supply, particularly non-USD-based FX stablecoins, has grown by 125% since 2025. The article highlights the diversification of stablecoin offerings beyond USD on the Solana blockchain.
- Buying games with crypto
A user from a country where USD/EUR transactions are restricted asks if Steam keys can be purchased using cryptocurrency, specifically mentioning Binance as their crypto acquisition method.
- Trust wallet drained
A user reported their Trust wallet was drained of over $4000 worth of BTC, despite securely storing their seed phrase and avoiding suspicious websites. They are seeking ways to track the transaction or recover funds through Trust Wallet or law enforcement.
- Singapore Gulf Bank Now Supports 1:1 Conversion Of USD To USDC On Solana
Singapore Gulf Bank (SGB) now offers 1:1 USD to USDC conversion on Solana without gas, banking, or mint fees. The service supports multiple blockchains including Ethereum, Solana, Base, Arbitrum, and Avalanche, enabling businesses to pay in crypto directly from their SGB accounts.