J⚔️D retweetledi

what if I told you... 🐸
@RibbitCapital just submitted a formal letter to the U.S. Department of Treasury asking them to create a regulatory sandbox for tokenized identity?
Co-signed by Persona @withpersona (Ribbit portfolio). Submitted to Treasury. October 2025.
What if I told you the letter says:
"Identity tokens form the critical personalization layer that will determine how individuals and entities interact with digital agents, financial systems, and cross-border commerce."
What if I told you it also says:
"Each verified interaction builds a cumulative trust score over time - creating an identity network."
Ribbit is writing the regulatory framework for the layer they've been building...
Here's what the letter might confirm about the oracle thesis...
- Identity tokens are the infrastructure layer, described as "the critical personalization layer" for agents and financial systems
- Cumulative trust scores that compound with every verified interaction - the exact moat structure of a cross-chain reputation oracle
- Reusable, privacy-preserving credentials - verify once, use everywhere, across every institution and chain
- Decentralized identity architecture - no PII on-chain, only tokenized cryptographic proofs
- Portable KYC that travels with the user (or agent) instead of being locked inside each institution
- Selective disclosure using zero-knowledge proofs - share only what's needed, nothing more
- Real-time revocation registries - any product can check credential validity instantly without accessing raw data
- A shared-responsibility model where identity service providers issue and maintain credentials while institutions retain compliance
- Interoperable, vendor-neutral APIs built on W3C Verifiable Credentials and OpenID Connect
- A "trusted digital identity network" where originators, operators, and consumers of credentials interact across TradFi and DeFi
- Explicit mention of DeFi protocols as credential consumers alongside banks and fintechs
- AI-assisted identity verification with liveness detection, deepfake screening, and synthetic-media filters
Ribbit submitted this to Treasury in October 2025.
$TIBBIR launched in January 2025. The 2024 Identity Letter called digital identity "the new fintech." The 2025 Token Letter mapped identity tokens as one of three token factories.
The timeline:
2024 - write the thesis (Identity Letter)
2025 Jan - launch the token (mickym.eth)
2025 Oct - submit the regulatory framework
2026 - SEC includes "identity assets onchain"
2026 - ship (Crossmint, Plaid, Persona, Tempo, Visa TAP, PlMoonPay, Morpho, Arc...)




Altcoinist@Altcoinist
English






























