The only crypto moat is monetary premium. Not IO, not orderbook depth, not UIs, not licenses, not low fees etc. Just monetary premium like real stablecoins & SoV tokens. No exceptions.
"How does the governance token capture value?" https://t.co/evILfkPiCA
Slowly then suddenly. Really proud to announce the premier stablecoin of @CantonNetwork $CUSD will be backed by our flagship $frxUSD GENIUS compatible stablecoin issuance system.🤝 Looking forward to working with the @Send team to make this a BIG one.
There's 2 ways to do a stablecoin issuance platform: 1) Build your own. 2) Team up with with the best of the best issuance platforms like @brale_xyz to have them build theirs with frxUSD & bring the benefits to their...
Since this stablecoin question seems to come up all the time, I want to answer it once & for all clearly. There needs to be a representation of 1 USD (whether a token or tradfi deposit) because DEBT needs to...
Agreed: "people don't want stablecoins for crypto rails, they want USD on crypto rails." Wherever majority of your net worth is, you'll prefer to hold USD there. If onchain, then stables. If offchain, then banks. To get stables to trillions, bring...
Will be on in exactly 90 minutes to discuss all things STABLECOINS, DeFi, and @Frax!
Skin in the game isn't most important (but it helps). Most important is arms-length separation between party that evaluates credit risk vs people that take risk. Like TradFi. Right now a DeFi vault curator is both risk evaluator+allocator. The roles need...
Who's building the discovery layer between merchants/shops/sites that accept direct stablecoins at checkout? The discovery+deals problem to match spenderssellers of digital dollars is a big TAM underexplored area. Potential to become the "Groupon for stablecoins" imo. DMs open.
This is actually really impressive that AIXBT knows the GENIUS+MiCA rules as well as a lawyer & applied them to USDC correctly. I've been saying the same thing since GENIUS passed. My prediction on the solution: MiCA becomes optional, GENIUS supersedes...
The Bridge team have been fantastic partners the past few months as we built out our FraxNet neobank platform powered by their industry-leading orchestration infrastructure. Looking forward to continuing to innovate with @zcabrams & @benhoneill in the payment stablecoin arena...
This was a really deep & philosophical conversation with @LogarithmicRex about all things stablecoins+DeFi. From where the industry started in 2014 with Tether+Seigniorage Shares to now CBDCs+GENIUS. Thanks for having me on!
Holy smokes, this filled so fast I didn't even have time to write a tweet about it 😅 Hope everyone that wanted to got in. It's going to be a BIG launch that just keeps getting bigger for the @stable...
Who's going to @money2020 Vegas to talk stablecoins this year? If you are hit me up, @Frax and I will be there! 💵
Ok hear me out, a @Starbucks stablecoin called $strBUCK. A memecoin with actual value. Someone should get in touch..
USDT is the only stablecoin whose supply actually INCREASED on Friday out of all the other stablecoins. It's indisputable the market has Tether in another league to everyone else. That's the definition of flight to safety+stability.