Many participants interacting with Filecoin data would benefit from added flexibility and financialisation

New research by 10X Research has revealed the massive benefits on offer to users of a U.S. Dollar-denominated stablecoin being launched within the Filecoin ecosystem.

Filecoin is among the most rapidly-growing platforms in Web3, and there is a massive amount of untapped value on the decentralised file storage network waiting to be unlocked. Between high-level support from a number of foundations and an ever-growing list of ecosystem partners, the importance of a publicly open, peer-built lending market and a liquid source of on-chain Dollars is becoming apparent with each passing day, especially as the data stored on the protocol increasingly becomes the fuel powering the AI revolution.

Among the 10x research report’s main findings, it is believed that such a coin would bring expanded possibilities similar to how DAI impacted Ethereum’s DeFi markets. 

These benefits include but are not limited to:

• Increased user adoption from an on-chain reserve stablecoin would make Filecoin’s platform more accessible to a wider audience of users
• Enhanced liquidity and stability by eliminating the need for users to transact in FIL
• A universe of opportunity by being able to leverage loop trading, carry trades, and fixed-income instruments within Filecoin’s ecosystem

Secured Finance has been contributing to the Filecoin ecosystem to bring to market USDFC, a product that would largely fill the role described above. This stablecoin would be over-collateralised and pegged to the value of FIL – in USD.

“We believe that the Filecoin ecosystem is ripe for further innovation and adoption,” said Masa Kikuchi, CEO at Secured Finance. “By enabling ecosystem participants to transact in U.S. Dollars, a whole new world of optionality opens up and should enable more rapid growth of the overall platform.”

By comparison, the amount of ETH tokens backing Maker Dao’s DAI token grew to more than seven billion dollars within two years of launch, and currently stands at XX billion. A similar impact to the Filecoin ecosystem would be a trajectory altering outcome for the project.

To learn more about USDFC or Secured Finance, please visit http://secured.finance; or follow Secured Finance on X at https://www.x.com/Secured_Fi.

About Secured Finance

Secured Finance revolutionizes fixed-income with on-chain orderbook lending & bond issuance and FIL-backed stablecoin, USDFC. Powered by smart contracts, our platform delivers transparent, low-cost fixed-rate lending and true financial inclusion in DeFi 2.0.

About 10X Research

10x Research is a leading digital asset research firm delivering institutional-grade crypto market insights, trading signals, investment strategies, and fundamental analysis for digital assets. With a focus on quantitative analysis, macro trends, and systematic trading models, 10x Research helps clients make informed decisions in the fast-moving crypto space.

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Ras King has launched a deeply personal and triumphant reflection on his journey from humble beginnings to financial success.

The independent artist Ras King is back with a powerful new album. The Road to Riches is a deeply personal in every sense of the word. In fact, the album is a story of his journey from humble beginnings to financial success. Rooted in his unwavering spiritual foundation of Rastafari, Road to Riches captures the balance between staying grounded and embracing the rewards of hard work.

A Unique Sound and Vision

Road to Riches showcases the signature sound of Ras King. It is all about his self taught music that is not influenced by mainstream constraints. It is infused with a truly conscious lyrics. The album begins with the dynamic single, “MY LIL BIH LUV 2 EAT”.

The track is quite hard hitting. This track also embodies his unique blend of storytelling and rhythmic mastery. A seasoned performer, Ras King shares his screen with major artists. The singers include hip-hop heavyweight Jim Jones and reggae icons Chronixx and Kabaka Pyramid.

The music of Ras King stands out as a beacon of righteousness and black consciousness. The other plus points of the album include militancy against corruption, and, most importantly, unity through One Love.

A unique music

Ras King’s music is a movement. He addresses social and political issues with his songs. The topic of his music include systemic oppression, self-empowerment, and financial independence. He encourages listeners to take control of their destinies and recognize the power within themselves.

Road to Riches is a testament to his personal journey. He has seen poverty and he wants to inspire his listeners to achieve the same success he has been able to reach. He believes that “..success is possible for those who remain focused, disciplined, and dedicated to their goals…”

Upcoming Mixtape Release

Ras King is also gearing up for the release of his highly anticipated mixtape, “FIRE AT WILL 2”. This project promises to deliver an electrifying continuation of his thought-provoking, militant, and deeply resonant musical journey.

FIRE AT WILL 2 will feature a mix of hard-hitting rap tracks, reggae-infused beats, and introspective lyrics. The mixtape aims to push boundaries and solidify his place in the industry as a voice of truth and resilience. Fans can expect collaborations with other rising independent artists, as well as more deep dives into the themes of perseverance, struggle, and success.

About Ras King

Ras King is an independent producer, songwriter, composer, and rapper from Philadelphia. He is a self taught musician since 2006. He has cultivated a unique sound free from industry constraints. Ras King messages of righteousness, resistance against oppression, and unity through love.

His music reflects his personal experiences, cultural influences, and a relentless pursuit of greatness. He continues to inspire and uplift others, proving that with hard work and dedication, success is within reach.

Media Contact

Organization: Ras King

Contact Person: Ras King

Website: https://www.facebook.com/Goldenhandz/

Email: Send Email

Country: United States

Release Id: 28022524504

The post Ras King Drops Highly Anticipated Album Road to Riches – A Celebration of Growth, Hustle, and One Love appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

United States, 28th Feb 2025, – The real estate sector has historically presented barriers to entry due to high costs, complex management, and limited access to ownership. EstateSlice NFT offers a blockchain-powered solution that enhances accessibility and transparency, allowing a broader audience to engage in real estate participation.

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The Future of Real Estate and Blockchain

As blockchain technology continues to shape various industries, its role in real estate is expanding. EstateSlice NFT represents a shift toward decentralized participation in real estate, bridging digital asset ownership with property accessibility in an evolving landscape.

Twitter: http://x.com/EstateSliceNFT
Telegram: https://t.me/EstateSlice
Instagram: https://www.instagram.com/estateslicenft/

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Organization: Estate Slice NFT

Country:United States