Originally aired on January 31, 2023
Bitcoin and other cryptocurrencies are on the rise, as the total crypto market cap reaches over a trillion dollars. Circle’s USDC stablecoin has reported that it has a dollar for dollar backing of its reserves. Amazon is rumored to be planning an NFT initiative in the near future.
Is Amazon Entering the NFT Space?
- Amazon has announced plans to enter the NFT space, beginning with blockchain gaming.
- This move has been anticipated for some time, as job postings have hinted at Amazon’s interest in web3 technology.