Yoz 𝕏

Tokenized U.S. Treasuries have become the anchor of onchain finance. The category now holds roughly $15 billion, close to half of all distributed RWA value, according to Binance Research as of May 14. That base is built on the largest names in asset management. BlackRock's $BUIDL, Circle's $USYC, and Franklin Templeton's $BENJI all settle onchain today. A year ago the category sat near $5 billion. The shift reflects institutional capital choosing programmable settlement over legacy rails. Injective added native $USDC in May, a regulated dollar backed by short-term Treasuries, giving its RWA markets a settlement asset built with the most regulated stablecoin in the world. Today Injective offers access to Pre-IPO assets, commodities, stocks and more through one unified liquidity layer built for finance. Onchain Treasuries have moved from experiment to infrastructure as Injective continues to bring every major asset onchain before anyone else. All powered by $INJ

Clarity Act is now poised to accelerate the “Bretton Woods 3.0” framework that I’ve talked about. The yield “ban” is cosmetic & simply something for banks to tout as a victory. It bans stablecoins from paying you interest for just holding them: the way a savings account does. But it explicitly allows stablecoins to pay you rewards for using them: buying things, lending, providing liquidity, participating in any program.. Now consider that those rewards can be calculated based on how much you hold & for how long. I think that’s what we just call interest, but it will now be rebranded under a new name. So, the implications: - The fact that there is now a carve-out for stablecoin yield will accelerate the Bretton Woods 3.0 system. If the ban had been real (no yield in any form) there’s no reason for anyone to hold stablecoins over a bank account. Stablecoin adoption would flatline (especially in Developed Markets) & Bessent’s $3.7T target would be hard to achieve. This carve out keeps the incentive to hold stablecoins, which keeps the growth flywheel spinning. - CBDCs can’t compete. No central bank would design its digital currency to pay activity based rewards calculated by balance & duration (too close to monetary policy). However, dollar stablecoins can. So in every market where a CBDC competes against a $ stablecoin, the dollar product is economically superior. The Clarity Act now guarantees that advantage persists. - The dollar now goes global without permission. The new text allows platforms to pay incentives for payments, remittances, & settlement activity using stablecoins. That’s a subsidy for global dollar adoption funded by private companies (not taxpayers). Meanwhile, increasing Treasury demand in the background. For example, a Filipino worker now gets a rebate for sending remittances in USDC. There’s an additional incentive for him to now transact in stablecoins, which, unbeknownst to him, purchases American debt behind the scenes. A win-win for global stablecoin users & the American economy (fiscal situation). The compromise looks like a ban. But it’s actually a growth mandate. As I’ve stated, the US government needs stablecoins to scale because it needs someone to buy its debt. Bretton Woods 3.0

Monero is risky to not learn about.

40 ans. C'est la durée moyenne de la vie active d'un européen. Sur cette période, l'euro aura perdu plus de la moitié de sa valeur. Personne ne peut imprimer de Bitcoin. Pour la fête du travail, nous récompensons la régularité : 2 500 € de Bitcoin en jeu. Ayez un plan d'épargne actif entre le 1er et le 3 mai pour participer au tirage.