stablecoins
/stablecoins425
Everything about stablecoins
The dynamic of everyone buying the stablecoin of their favoured bank/big company is similar to loyalty cards: you give the company dollars, and you get mystery money with the same value, but only works at that company.
The difference is stablecoins will be more liquid, but issuers will do their best to limit that. It is best understood as a marketing tool to lock users into a product.
The difference is stablecoins will be more liquid, but issuers will do their best to limit that. It is best understood as a marketing tool to lock users into a product.
3
Dan Romero
@dwr.eth·a day ago
Stablecoins: Stripe USDB, Ramp card, US Senate vote and who is going to make money from them
Some insights from the frontier on @celo tomorrow
There's a call circa 2pm UTC // 10am EST
Global Stablecoin Hackathon
https://celo.lemonade.social/e/XVD7el1W?tk=4BZDCD
There's a call circa 2pm UTC // 10am EST
Global Stablecoin Hackathon
https://celo.lemonade.social/e/XVD7el1W?tk=4BZDCD
15255
Ayomide
@ayomide.eth·20:30 30/04/2025
x.com
Talking about stablecoins:
- Warren Buffett announced that Berkshire Hathaway's cash balance rose from $334.02 billion to approximately $347 billion.
- He emphasized that while investments will eventually be made, it is unlikely to happen in the immediate future.
- Warren Buffett announced that Berkshire Hathaway's cash balance rose from $334.02 billion to approximately $347 billion.
- He emphasized that while investments will eventually be made, it is unlikely to happen in the immediate future.
At Stripe Sessions, they revealed that businesses on Stripe that accept stablecoin payments sell into twice as many countries. They also see 3x higher average order values on stablecoin transactions.
There are only 3 states in crypto: ⬆️ or ⬇️ or stablecoins
$USDC and $USDT are two of the most popular stablecoins - but for different reasons!
One is created by Circle and working on compliance while the other is a Tether product focused on decentralization. 🌐✨
Learn the differences between the two! ⬇️
https://www.myetherwallet.com/blog/usdc-vs-usdt-a-comparison-of-stablecoins/
One is created by Circle and working on compliance while the other is a Tether product focused on decentralization. 🌐✨
Learn the differences between the two! ⬇️
https://www.myetherwallet.com/blog/usdc-vs-usdt-a-comparison-of-stablecoins/
I missed this news but... wut?
https://www.bankless.com/read/tethers-u-s-stablecoin-could-launch-later-this-year
https://www.bankless.com/read/tethers-u-s-stablecoin-could-launch-later-this-year
Really cool talk with @gainsley on merchant payment processing, and how stablecoins can help!
https://www.youtube.com/watch?v=OsSSSokWibk
https://www.youtube.com/watch?v=OsSSSokWibk
I can't stop thinking about how stablecoins have the potential to shape international finance in the same way shipping containers permanently changed International trade.
The lifecycle of shipping goods from point A to point B shared so many of the same bottlenecks we see in traditional finance rails today:
1. Time consumption: Similar to how loading and unloading ships manually caused massive delays in shipments, cross-border transactions today also cause massive delays that slow down the speed of economic activities, even in an increasingly digital world.
2. Cost of multiple Middlemen: Transaction costs from banks to payment processors to card issuers all through the life cycle of a single coffee purchase are reminiscent of the cost inefficiencies of hiring manual labour to assist in loading and unloading cargo, a process that sometimes cost more than what it took to ship goods overseas.
The lifecycle of shipping goods from point A to point B shared so many of the same bottlenecks we see in traditional finance rails today:
1. Time consumption: Similar to how loading and unloading ships manually caused massive delays in shipments, cross-border transactions today also cause massive delays that slow down the speed of economic activities, even in an increasingly digital world.
2. Cost of multiple Middlemen: Transaction costs from banks to payment processors to card issuers all through the life cycle of a single coffee purchase are reminiscent of the cost inefficiencies of hiring manual labour to assist in loading and unloading cargo, a process that sometimes cost more than what it took to ship goods overseas.
Stablecoins are no joke.
In 2024 alone, Stablecoins settled $15.6 trillion in transaction value
we’re still early
In 2024 alone, Stablecoins settled $15.6 trillion in transaction value
we’re still early
What makes people just want to use USDT before they think of USDC? Was it because USDT came with a cheaper chain first?
15255
Ayomide
@ayomide.eth·10:24 23/04/2025
Some of Africa's Fintech startups are teaming up with Circle. I see Flutterwave and Yellow Card.
https://www.businesswire.com/news/home/20250421041939/en/Circle-Announces-Payments-Network-to-Transform-Global-Money-Movement
https://www.businesswire.com/news/home/20250421041939/en/Circle-Announces-Payments-Network-to-Transform-Global-Money-Movement
Citi estimates that stablecoin issuers will 10x their US Treasury holdings in the next 5 years
(from its Digital Dollars report)
(from its Digital Dollars report)
Circle Payments Network (CPN) connects financial institutions to orchestrate global money movement — powered by stablecoins.
https://x.com/circle/status/1914411337683480654?s=46&t=-Q5RRJuXdOOb3_Sx8yU6Zw
https://x.com/circle/status/1914411337683480654?s=46&t=-Q5RRJuXdOOb3_Sx8yU6Zw
