Connor

Soon.

🚨 TODAY: Grayscale’s Chairman Barry Silbert says, “The "privacy" era in crypto has officially begun.”

Once again the natural athlete beats the enhanced athletes in the enhanced games.

@The_Countroom @DegenToDisciple Down 56% since it got listed on May 8th. Non enhanced athletes beating “enhanced” athletes. No WR broken. You are right about peptides/biohacking but the enhanced games isn’t it.

@DegenToDisciple Very clear to me this is bigger than just a 1 day wonder. There is an entire company that just IPOed behind it. It’s literally the starting laundpad for them. They will do whatever it takes. Peter Theil mode.

Money on the tech billionaires. $ENHA is a 2-week old public company trying to plant a flag in biohacking/peptides. they have every incentive to make sure this continues to grow everywhere on the internet right now. Doesn’t take much thought to see potential. This goes Mega Viral. Book it. 🫵

So far multiple failed record attempts && the “non enhanced” athlete beating the dope fiends. Yah this may not be it 🤣😮‍💨

⚡️ JUST IN: McKinsey sees a $4 trillion shift toward a three-layer onchain monetary system built on stablecoins, tokenized bank deposits, and central bank money.

Saturn surpassed $200M in TVL within 44 days of launch. STRCFi is here - DeFi accelerated by $STRC.

Saturn is now live on @BNBChain. USDat and sUSDat will integrate across leading DeFi protocols - bringing $STRC to BNB Chain at scale. Available to eligible participants outside the United States.

Catch @LucaProsperi, Co-Founder & CEO of M0, speaking at @money2020 Amsterdam discussing stablecoin strategy and the future of stablecoins. One of the most important conversations happening in fintech right now.

Nexus Mainnet is live. USDX, @NexusLabs stablecoin currently in development, is being built on M0’s modular stablecoin infrastructure.

@Bfaviero Hello

SF crypto wya??

Flex already has the perfect stablecoin use case. M0 can help you make your own money. business owners keeping balances inside a financial operating system for spend, bill pay, credit repayment, AP/AR, and global payments. A Flex stablecoin would let you turn those idle balances into a programmable money layer, monetize float through reserve economics, reduce payment costs, and create a branded dollar that makes the Flex ecosystem stickier.

@defyneric @ethena @m0 @moonpay @ConnorZero_ over to you 🐸

what are the pros of flex launching their own stablecoin? trying to get some industry expertise on how to properly monetize float @ethena @m0 @moonpay

> @saturn_credit ↓ ① Capital router / distribution layer → expanding demand for STRC ② Early observable layer → allowing the market to see how Bitcoin demand is being formed from upstream yield capital. The most interesting part of @saturn_credit may lie here: In the past, Bitcoin demand mainly came from ▸ directional conviction ▸ macro thesis ▸ speculative flows ⤷ But Saturn + STRC are opening up a different model. Bitcoin accumulation is being "financialized" into: ▸ fixed income ▸ structured yield ▸ collateral primitives ▸ carry products Users do not necessarily need to think: I’m bullish $BTC. They only need to think: I want stable yield. But underneath the hood, the entire system is quietly transforming those capital flows into Bitcoin buying pressure. --------------- The mechanism becomes more interesting once STRC enters DeFi through Saturn. What makes this interesting is that Saturn does not create new yield itself. What it actually does is: ▸ package STRC into a DeFi-native product ▸ expand use cases ▸ increase capital velocity ▸ reshape risk/yield profiles ▸ bring STRC into DeFi composability ⤷ and this is exactly what turns STRC into an entirely new market. In TradFi, STRC comes with significant friction: ▸ ~$100 denomination ▸ broker access required ▸ KYC ▸ limited trading hours ▸ non-composable structure ▸ audience mainly limited to income investors But once STRC passes through Saturn: STRC → $USDat / $sUSDat It becomes: ▸ flexible denomination sizes ($1, $10, instead of requiring $100) ▸ 24/7 and on-chain ▸ accessible from any wallet ▸ ERC-standard and composable across DeFi It then becomes: ▸ collateral ▸ lending asset ▸ LP asset ▸ Pendle PT/YT base asset ▸ leveraged carry asset ⤷ expanding the audience into the entire DeFi capital base. This part is extremely important: In TradFi, $1 usually creates demand only once. But in DeFi, $1 can: ▸ loop ▸ leverage ▸ split into PT/YT ▸ rehypothecate ⤷ dramatically increasing capital velocity. In other words: Saturn is not simply "distributing" STRC. It is transforming STRC from a single yield product into a complete yield ecosystem. And once Saturn integrates with @strata_markets + @pendle_fi a single yield stream can now be split across: ▸ time (PT/YT) ▸ risk profiles (senior/junior) → serving entirely different forms of capital: ▸ conservative capital ▸ treasury capital ▸ yield farmers ▸ leveraged traders --------------- Saturn is not just routing capital. It is also making the process of Bitcoin demand formation observable. One of the most interesting parts of this thesis is that Saturn inflows may become a proxy for tracking "early-stage Bitcoin demand manufacturing." ① ETF flows only show the market one thing: BTC has already been bought. ② But Saturn flows may show something earlier: capital preparing to become Bitcoin buying pressure. That means when capital starts flowing into Saturn, the market may actually be witnessing the very early stage of a demand pipeline that will eventually be converted into Bitcoin buying pressure. In other words: instead of only seeing Bitcoin demand after it appears on the chart, we may now be starting to observe how Bitcoin demand itself is being formed from upstream capital flows.

The Rise team is elite. @apoorv1 is a beast

earlier this week i posted a tweet expressing skepticism around the revenue numbers @risechain was reporting turns out i was wrong spent the last few days digging deeper into the exchange, dm’ing the team, asking questions, and giving honest feedback as usual (s/o @apoorv1) still have more research to do, but so far i can confirm the numbers appear legitimate and, unlike many others, the product is more than “just another perp dex” it’s actually a vertically integrated app, which imo is where the industry is heading owning the full stack, from infra all the way to distribution/users, is increasingly becoming the winning model you can already see this with projects like @Plasma and their neobank approach, or even @HyperliquidX itself regarding the qrt, i can already hear the MegaETH folks pointing out that the chain generates significantly more revenue through USDm and that may very well be true the issue is that there’s still very little transparency around: > how much revenue is actually generated > how much is used for buybacks > the exact rev share structure with @ethena so until that changes, using purely observable onchain metrics for comparisons is the fairest approach imo gRise

Users can bridge in USDC to USDR 1:1 via Ethreum L1 and major L2s on day 1. Huge s/o to @ConnorZero_ who has been an absolute legend in making this happen

@apoorv1 Thank you so much! Excited to keep working together and crushing it. You are a beast.

Been in the works for months, so good to finally get this out! Unlike most ecosystems keeping native stablecoin yield as revenue, we plan to redirect most of it back to the users/ecosystem to grow liquidity for USDR In addition, USDR will be the main quote asset held by @risextrade Autoyield vault on RISE.

@Futargamy @oxranga Checkout @m0

Ethena making a push onto Solana got me thinking about yield-bearing stablecoins again. I say again because they’ve been around in various forms since the early days of Solana. Solend, Tulip and Goblin Gold were tokenizing USDC and USDT lending positions with wrapped tokens that accrued value as interest racked up, Soluna tokenized UST positions that were bridged and deposited on Anchor, Friktion was even tokenizing cash secured put vault positions all the way back in 2022 (you had to be an S tier degen to consider that a “yield-bearing stable”…but we were.) More recently, products like syrupUSDC, BUIDL and CRT have iterated on those early primitives to offer different, generally higher-quality or higher-yield variations of the yield-bearing stablecoin to Solana. All of them are interesting in their own right but all seem to suffer the same fate: limited adoption. There are many reasons for this but maybe the most obvious is that - for the most part - yield-bearing stablecoins just kind of exist. They’re not really viable as a quote token or as a borrowable asset if their yield makes them no longer worth $1 and they’re not really composable if they require you to stake the token to earn yield. So they tend to just sit there. There’s nothing inherently wrong with that - passive income is cool no matter how you slice it - but if your yield-bearing stablecoin is not being used in the real economy, it’s barely a stablecoin at all. It’s just another vanilla investment vehicle, not capable of exploiting the advantages that stablecoins offer over traditional financial rails. So yield-bearing stablecoins tend to languish in a state of DeFi purgatory. They’re not bad; they’re just not good enough. On the other side of the yield-bearing stablecoin equation, there has been an almost infinite number of undifferentiated $1 stablecoins that have turned into de facto yield-bearing stablecoins as they tried to buy their way into mainstream acceptance. They sparkle. They fade as the yield dries up. They die off as the mercenary capital moves on to the next thing. But what if there was a new yield-bearing stablecoin that maintained its $1 peg and could be used to buy and sell, borrow, lend, long, short, market-make or passively LP all across Solana DeFi just like USDC or USDT but streamed sustainable USD yield directly to your wallet without staking, liquidity mining incentives or an uncomfortable reliance on gauge voting? That’s the coin I’d want to own.

Introducing USDR, RISE’s stablecoin built on M0's modular stablecoin infrastructure. USDR is built for the @risechain ecosystem.