Excellent points in here about how stablecoins are changing & how DigiDollar on $DGB is the best path forward for decentralized freedom! #DigiByte
MetaMystic👁️
🚨 The Stablecoin Landgrab: Why Corporations Are Rushing In And Why DigiDollar Might Be the Only Exit
1/
Stablecoins are no longer crypto-native.
They’re Wall Street-native now.
BlackRock, PayPal, JPMorgan, Circle, and even Walmart are building their own.
Why?
Not for decentralization.
But for surveillance, profits, and leverage.
—
2/
Let’s get one thing straight:
A stablecoin is not just a “digital dollar.”
It’s programmable cash trackable, pausable, and often custodial.
And the issuer doesn’t just hold your dollar…
They invest it.
—
3/
🧠 Here’s the play:
You deposit $1 into a stablecoin.
That $1 is held in short-term treasury bonds (~5% yield).
But you get nothing.
The issuer pockets all the yield.
-> $1B in stablecoins = $50M/year in risk-free profit.
—
4/
Walmart is exploring a “Walmart Coin” - a dollar-pegged asset for purchases and employee payroll.
But behind the scenes?
Billions in float they can deploy into Treasuries or money market funds.
You’re not the customer.
You’re the yield.
—
5/
Same with PayPal’s PYUSD.
Backed by Circle, custodied by BlackRock, audited by Deloitte.
Sounds safe?
Sure.
But it’s also a surveillance chain backed by corporate-state interests.
Private corporations acting as quasi-central banks.
—
6/
This is what people miss:
Stablecoins are not about crypto adoption.
They’re about monetizing your trust.
They want to replace banks.
But without your consent, and with fewer regulations.
And yes they want all of your data.
—
7/
So what’s the alternative?
🔓 DigiDollar.
A proposal for a stablecoin on DigiByte that’s:
•Fully decentralized
•Backed 1:1 with locked DGB
•Non-custodial
•On-chain
•Transparent
Think DAI but simpler, purer.
—
8/
With DigiDollar:
• No corporate issuer.
• No centralized profits.
• Yield doesn’t flow to VCs it flows to the system and its users.
The more DigiDollar is minted → the more $DGB is locked → the more scarce $DGB becomes.
That’s alignment.
—
9/
Why this matters:
→ Stablecoins will dominate global crypto.
→ Corporations will issue them.
→ Governments will regulate them.
And the average user?
Will trade sovereignty for convenience unless something better exists.
—
10/
Remember this:
You’re not “using a stablecoin.”
You’re signing a contract with whoever controls it.
You’re saying:
“Yes, you can hold my cash.
Yes, you can earn yield on it.
Yes, you can freeze it if I misbehave.”
—
11/
DigiDollar is early.
Raw. Unpolished.
But it’s not owned by PayPal.
It’s not owned by Walmart.
It’s not owned by BlackRock.
It’s one of the last designs that doesn’t need permission to be free.
—
12/
You’ll see headlines like:
“Walmart launches stablecoin for customers”
“PayPal stablecoin sees 1B in volume”
“Circle partners with [insert country]”
But remember…
None of them serve you.
They serve themselves.
—
13/
Final thought:
The future isn’t about who makes the most stablecoin.
It’s about who you trust to hold your economic identity.
Choose wisely.
—
📌 RT this.
Follow @Esoteric23E
The next thread: How DigiDollar could quietly create a supply shock for $DGB.
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DigiByte
Thank you for supporting $DGB @ChangeNOW_io!
ChangeNOW
$DGB still out here moving like it’s 2030.
⛓️ 15-sec blocks
⚡ 560+ TPS
🛡️ DigiShield = anti-51% flex
OG chain, no VC, no drama — just pure cypherpunk vibes.
While others rebrand, @DigiByteCoin just builds 🧱
Swap $DGB on ChangeNOW!
🔗
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DigiByte
For any technical updates/issues that you may want to discuss, please visit …………… on GitHub. $DGB #DigiByte
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DigiByte
#DigiByte Global Node Distribution
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DigiByte
Usage fuels the utility of #DigiByte.
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DigiByte price performance in USD
The current price of DigiByte is $0.0074220. Over the last 24 hours, DigiByte has decreased by -1.53%. It currently has a circulating supply of 17,759,867,070 DGB and a maximum supply of 21,000,000,000 DGB, giving it a fully diluted market cap of $132.04M. At present, DigiByte holds the 138 position in market cap rankings. The DigiByte/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
DigiByte (DGB) is a decentralized blockchain that operates on the Unspent Transaction Output (UTXO) model. This model, also adopted by Bitcoin (BTC), offers enhanced privacy and security by making transaction history tracking more complex. DigiByte supports various features such as smart contracts, decentralized applications (dApps), and secure authentication, making it a versatile platform for a range of blockchain-based applications.
What is DigiByte
DigiByte is an open-source blockchain ecosystem that was established in 2013. Its native token, DGB, was mined for the first time in early 2014. DigiByte is inspired by Bitcoin’s technology and draws inspiration from its features. To ensure the security and integrity of the network, DigiByte utilizes five distinct variations of the Proof of Work (PoW) algorithm. These variations include the SHA-256 algorithm, which is also used by Bitcoin, as well as Qubit, Scrypt, Odocrypt, and Skein.
The DigiByte team
DigiByte is a community-driven project with a global network of volunteers and contributors. It encompasses various entities, including the DigiByte Awareness team, the DigiByte Foundation, and the DigiByte Alliance. The project was originally conceived and developed by Jared Tate, also known as the "DigiMan."
How does DigiByte work
DigiByte operates on a multi-algorithm mining approach to ensure decentralization and enhance security. This approach mitigates the risks of centralization and potential security threats. Additionally, DigiByte offers fast payment processing capabilities with its 15-second block creation time, providing quicker transaction confirmations compared to Bitcoin's 10-minute blocks.
DigiAssets, a Layer 2 solution, enables the creation and tokenization of digital assets on the DigiByte network. This L2 platform also supports smart contracts, allowing for the creation and implementation of programmable logic for asset creation, transfer, and other use cases.
Another notable innovation within the DigiByte ecosystem is Digi-ID. Digi-ID is a privacy-oriented authentication protocol that serves as a single form of identification across various Internet of Things (IoT) devices, websites, and applications.
DigiByte’s native token: DGB
Beyond being a medium of exchange, DGB tokens also have additional functions within the ecosystem – DGB tokens are awarded to miners and can be used for issuing and managing digital assets on the DigiAssets protocol layer.
DGB tokenomics and distribution
DGB tokens have a fixed supply of 21 billion, with approximately 78 percent currently in circulation. Out of the total supply, only 0.5 percent (105 million DGB tokens) was pre-mined, with 50 percent of that reserved for ecosystem development. The majority of the total supply, more than 99 percent, is allocated as miner rewards.
DigiByte follows a deflationary token issuance model, where block rewards decrease by 1 percent each month. This gradual reduction in the rate of token issuance over time helps ensure a controlled and sustainable supply growth for DGB tokens.
The future of DigiByte
The future of DigiByte looks promising with its increasing acceptance among merchants, thanks to partnerships like UTrust. The recent extension of DigiByte token support to the Guarda Wallet as loan collateral further validates its popularity and utility.
Additionally, the development of a DigiByte wallet is underway, spearheaded by RenzoDGB, an ecosystem developer. These developments indicate a growing ecosystem and highlight DigiByte's commitment to providing users with improved accessibility and functionality in the future.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 989 new posts about DigiByte, driven by 352 contributors, and total online engagement reached 35K social interactions. The sentiment score for DigiByte currently stands at 83%. Compared to all cryptocurrencies, post volume for DigiByte currently ranks at 4604. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of DigiByte.
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DigiByte FAQ
How much is 1 DigiByte worth today?
Currently, one DigiByte is worth $0.0074220. For answers and insight into DigiByte's price action, you're in the right place. Explore the latest DigiByte charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as DigiByte, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as DigiByte have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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