JUST IN: $500,000,000 $USDC MINTED ON SOLANA TODAY!
#SOLANA ⚡️ https://t.co/fhlgBKyJtb
JUST IN: $500,000,000 $USDC MINTED ON SOLANA TODAY!
#SOLANA ⚡️ https://t.co/fhlgBKyJtb
New Uneasy Money: @tayvano_ makes a pointed argument that Circle's policy of complying with any judge's order removes its ability to push back on a bad freeze.
Any pool with USDC exposure is one ex-parte TRO away from a weekend lockdown. 🧊
@kaiynne and @LucaNetz on the latest:
Timestamps:
🎰 00:56 The unnecessarily stupid Polymarket dispute about whether Strategy sold Bitcoin by the end of may
🏛️ 08:49 Why Polymarket, a $20B platform, is still outsourcing truth to UMA
🤝 12:45 What Taylor thinks Polymarket actually needs to do to rebuild trust after disputed resolutions
🔥 19:49 Solana’s third tokenomics proposals: Luca on what the SOL inflation cut actually changes
🦇 22:06 Vitalik accidentally created the ultrasound money meme. Can Solana do the same?
📣 30:43 Multichain Advisors: start building real traction today at https://t.co/fsTy2PEDx6
❄️ 31:28 How Circle froze a commingled DeFi pool on a judge's order with no warning, no notice
🏦 44:46 The NYSE CEO calls Hyperliquid ‘bigger than the Nasdaq’. Arthur Ha
I’m just saying. Two trains of thoughts.
Having liquid is fine. USDC to pay bills is cool. Taking profits consistently is better.
Selling because you magically stopped believing instead of just borrowing or shorting seems lame.
human psychology is truly fascinating
USD Coin is a stablecoin brought to customers by Circle and Coinbase. It is an open source, smart contract-based stablecoin. True financial interoperability requires a price stable means of value exchange. CENTRE’s technology for fiat-backed stablecoins brings stability to crypto. The initial implementation is USD Coin (USDC), an ERC-20 token creating possibilities in payments, lending, investing, trading and trade finance — and the ecosystem will grow as other fiat currency tokens are added.