damian

I'd be happy to store my crypto gains in Gold stables during longer-term crypto uncertainty or bear runs vs. USD stables. Especially as DXY is down by 10% since January. Last cycles it wasn't an option but now gold-backed stablecoins hit a $1.9B market cap. PAX Gold and Tether's each have ~$840M MC. Yet, their onchain liquidity is... not great not terrible.. Trading $1m USDC on Cowswap with 0.76% slippage. Still, liquidity is improving as more DeFi protocols add them as collateral: - Fluid supports both with 9.3% yield - Aave just voted to Temp check to onboard XAUt - Curve supports XAUt-PAXG LP with 2% yield But how fast can they grow? Problem: fiat backed stablecoins earn interest from U.S. Treasuries but gold has no yield. Instead, both Paxos and Tether charge a 0.25% issuing and redeeming fees (although Paxos fees depend on amounts). So profitability depends on their issuance/redemption fees. Obviously, the higher the MC of gold stables, the more transactions will happen thus higher fees are generating. And they need them to get integrated into DeFi and trading platforms. Anyone knows how much both issuers make from Gold stables? btw, fun fact: both issuers hold physical gold, not ETFs. Tether holds it in Switzerland vaults while Paxos in London.

Spent the last decade as a Silicon Valley investor. 120+ bets across AI, Fintech, and Space Tech. I might look like a young gun, but my roots run deep—I know the weight of legacy. Father of 3. I feel the calling to leave my kids something more than money: Resetting from Investor 👉 Founder. Bringing the courage to challenge the future. The raw diary of a son, a father, and a builder.

🇺🇸 TRUMP: WE WILL IMPOSE A TARIFF OF 100% ON CHINA "It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1st, 2025, impose large scale Export Controls on virtually every product they make, and some not even made by them. This affects ALL Countries, without exception, and was obviously a plan devised by them years ago. It is absolutely unheard of in International Trade, and a moral disgrace in dealing with other Nations. Based on the fact that China has taken this unprecedented position, and speaking only for the U.S.A., and not other Nations who were similarly threatened, starting November 1st, 2025 (or sooner, depending on any further actions or changes taken by China), the United States of America will impose a Tariff of 100% on China, over and above any Tariff that they are currently paying. Also on November 1st, we will impose Export Controls on any and all critical software. It is impossible to believe that China would have taken such an action, but they have, and the rest is History. Thank you for your attention to this matter!" Source: Truth Social

A Tesla owner left me this comment. Tesla is brining mobility back to the elderly!

DAT rumor mill here is bordering on schizophrenic. Never thought I’d see the day where projects are literally telling you they’re raising 9 - 10 figures in cash to buy coins and CT’s reaction is hysteria and outrage. Not everything is a conspiracy my friends.