Colin Pyle

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Colin Pyle

Colin Pyle

@pylec

COF @noble_xyz | Building the future of finance | Ex @balance_canada, Banking at RFA, ToroFX (sold ’08) | Motorcycled around China & India | Brewed @crukafe

Global Katılım Mayıs 2010
908 Takip Edilen1.4K Takipçiler
Colin Pyle retweetledi
Jelena
Jelena@jelena_noble·
Stablecoins = "Be Your Own Bank" Before stablecoins became regulated payment instruments (thank you, GENIUS Act!), individuals & businesses could not do bank-like things like accept deposits and offer rewards. We are about to see a MASSIVE industry take off on the consumer side
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Matt Hougan
Matt Hougan@Matt_Hougan·
Imagine if the situation were reversed and stablecoins were status quo, such that everyone had their money in entities backed 1-1 with US Treasuries. And then some guy came along and was like, "I have this new idea called fractional reserve banking..." We would laugh him out of the room.
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Mike Cagney 🇺🇸
Mike Cagney 🇺🇸@mcagney·
We need a crypto wallet built for the average SoFi customer, but still valuable to the crypto degen. I'm thinking... - MPC custody. No key's to lose, self custody, biometric driven. - Holds assets, liabilities and identity. For example, KYC credentials that can be reused. - @Figure YLDS as the fiat on/off ramp. Pays interest on your cash, 24x7 usable. - Debit/credit card to bridge to fiat (until you can buy your coffee with YLDS). Rewards in cash, crypto and OPEN stocks? - High yield on YLDS/fiat through democratized prime. Expand to other DeFi protocols over time. - Robust dApp universe. Initially OPEN, democratized prime, Hastra. - L1 interoperability. Solana, Ethereum, Provenance, etc. - Agentic PA. "Get me a ticket from SFO to EWR on the 5th at the best price possible." What else am I missing here? @mattconroy @juneou @MBTannenbaum
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Eric Jackson
Eric Jackson@ericjackson·
$BETR just signed a $500M warehouse facility through Sky's stablecoin ecosystem. Framework Ventures is the intermediary. Here's what most people will miss and what I'm still watching. What this actually is: Traditional mortgage originators fund their pipeline through bank warehouse lines. SOFR + spread, relationship-dependent, covenant-heavy. Better is replacing that with DeFi-sourced capital secured by conforming mortgages — GSE-backed, near-risk-free assets. If the 100bps funding cost advantage is real, that's structural. Not a promotional rate. Not a one-quarter benefit. A permanent cost-of-capital moat over every traditional originator in the country. Sub-5% mortgage rates when the industry is charging 6%+. On every single loan. That's big. The part nobody's talking about: The press release mentions "Tinman AI platform partners." That's not Better originating loans with cheaper capital. That's Better becoming infrastructure — other lenders plugging into Tinman's AI underwriting AND its DeFi funding rails. That's a platform business, not a mortgage company. The flywheel: more originations produce more yield for Sky, which allocates more capital back to Better, which funds more originations. Obex has $2.5B behind it. $500M is the opening. What I'm still watching: 1. When does actual capital deploy? Announced is not funded. 2. Regulatory path. The OCC and CFPB haven't weighed in on tokenized warehouse structures. Silence is not approval. 3. Exclusivity. Can competing originators join Sky as mortgage Stars? If yes, the moat narrows. If no, it widens. Conforming mortgages are one of the safest asset classes on earth. $12 trillion US market. Sky needs real-world yield that isn't treasuries. Better needs warehouse capital that isn't banks. The alignment is genuine. The execution is unproven. Structure beats comfort. Governance beats hope.
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Brian Fabian Crain
Brian Fabian Crain@crainbf·
I'm excited that finally the sale of @ChorusOne to @bitwise has closed and been announced! Over 50 of our brilliant people are moving over to Bitwise and becoming part of Bitwise Onchain Solutions. I'm incredibly grateful and happy with this outcome. Bitwise is an outstanding company and I've loved working with their leadership team @HHorsley, @hongkim__ and @teddyfuse throughout this process. Bitwise is building the dominant specialized asset management company for crypto. Aside from ETFs and other regulated products, they already have strong staking experience through their Ethereum operation and will now be in a formidable position to be the #1 player in staking and stablecoin yield / vaults as well. Over time, it became clear that consolidation was coming to the crypto industry and that staking is best delivered as part of a larger platform. Bitwise is the perfect home for that. Bitwise is also the right fit from a culture perspective. They combine deep passion for the industry, a dedication to research and a long-term oriented mindset. I have no doubt that a lot of the Chorus One team will be there for many years and have a big impact on the organization they are building. As for me, I'll be transitioning to an advisor role and will be supporting Bitwise going forward from the sideline. This is a long 8-year chapter that is coming to a close since Meher and I started the company at the dawn of Proof-of-Stake. There have been many ups and downs through this journey. We've had great successes and big setbacks. We were involved in launching the first testnets and mainnets from Cosmos to Solana. We did some of the earliest work on liquid staking and helped launch Lido. We made great decisions and terrible ones too. I'm grateful for all these years. I've learned more than I could have imagined, worked with incredible colleagues and am now able to have that work transition into something even greater. I want to thank the Bitwise team for their trust in us and valuing what we've built. I also want to thank all the people who worked at Chorus One over the years. And all the customers and partners who supported us. I also want to thank Paul McCaffrey and his fantastic team at KBW for their support in the process.
Bitwise@Bitwise

We’re pleased to announce that Bitwise has acquired Chorus One, a leading institutional staking provider with over $2 billion in staked assets. The business has been incorporated into Bitwise Onchain Solutions, the staking division of Bitwise, and expands our staking capabilities to over 30 proof-of-stake networks. Excited for the future —

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Ryan Petersen
Ryan Petersen@typesfast·
The most entertaining outcome is the most likely so I predict that if Canada's men's ice hockey team should beat the US men's ice hockey team in the Winter Olympics, Donald Trump will increase the Section 122 tariffs from 10% to 15% as his is statutory right.
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Colin Pyle
Colin Pyle@pylec·
@moonbirds you guys fix claiming with a ledger? DM you but you're not responding.
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Colin Pyle
Colin Pyle@pylec·
Retailers don’t really control payments or loyalty today. Banks and card networks do. - 3–4% interchange. - Points no one redeems. - Customer data locked away. Stablecoins change the equation. - Programmable dollars - Instant settlement - Near-zero fees - Wallets instead of points - Loyalty that actually behaves like money We believe stablecoin-centric loyalty is the Trojan horse for modern payments - letting merchants reclaim the customer relationship while cutting costs and unlocking new growth. This is how loyalty, payments, and commerce converge 👇
Noble@noble_xyz

x.com/i/article/2014…

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Colin Pyle
Colin Pyle@pylec·
Absolutely,@chamath - this is huge for insurance, but but maybe even more important the ROI on FSD. It's an asset that pays itself off. Upfront ~$10k seems steep, but Lemonade's 50% discount on FSD miles means big savings. With my 20yr clean record, I pay $2500/yr on my Model 3 - potentially $1250 back annually. Pays off in <10 yrs. Need this in Canada ASAP! 🚀
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Chamath Palihapitiya
Chamath Palihapitiya@chamath·
I mentioned this earlier but there are a lot of interesting consequences to autonomous driving. One of them is that insurance companies start to look more financially predictable...they charge lower premiums, but they also pay out less. This will flow through to reinsurers as well. Case in point, Lemonade cutting premiums by 50% if you drive a Tesla with FSD. Important implications for all car insurers.
Sawyer Merritt@SawyerMerritt

NEWS: U.S. insurer Lemonade has announced that it will offer a 50% rate cut for drivers of @Tesla vehicles when FSD is steering because it had data showing it reduced accidents. “A car that sees 360 degrees, never gets drowsy, and reacts in milliseconds can’t be compared to a human. Beyond the product announcement today, we’re also announcing our commitment to the Tesla community – the safer FSD software becomes, the more our prices will drop,” said Shai Wininger, co-founder and president at Lemonade.

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Colin Pyle retweetledi
Noble
Noble@noble_xyz·
On March 18, Noble will be migrating its Cosmos SDK-based blockchain to a standalone EVM Layer 1 – purpose-built for stablecoin applications including FX, embedded finance, payments & agentic commerce. Read more:
Noble@noble_xyz

x.com/i/article/2013…

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Jelena
Jelena@jelena_noble·
Huh 🤔, we've been looking deeply into this landscape for a number of months and these are some of our findings (so far): - Yes, acquirers lose interchange if volume moves off cards, but the decision pressure comes from the merchant. If a merchant can save bps on the 2-3%+, they’ll push for it, and the ecosystem adapts around that - There are different payment types (i.e. closed loop tokens like gift cards) that don't carry the same onerous fees associated with credit cards. Stablecoins, as programmable payment instruments are well-suited to take advantage of some of these existing token types - Acquirers (esp in US post-GENIUS) are looking at stablecoin payments and how to incorporate these txs into their reconciliation processes because they see where the puck is going - Terminals WILL be opened up at some point in the future. There have been some notable movements on this on the anti trust litigation side as all merchants are fed up paying 100B+ to middlemen (mostly the card networks) to settle transactions To see where the future is going, I'd focus on the incentives of merchants that own distribution and customer relationships, NOT the acquirers.
Paul@pauliepunt

Wanted to expand upon the (salient) point @sytaylor makes here: Ingenico terminals are technically Android devices with an app store. WalletConnect launched an app there. However, merchants do not browse app stores on their terminals. They treat the terminal as a static utility provided by their bank. Ingenico makes the plastic box, but they don't sell it to the coffee shop directly. They sell to ISOs (Independent Sales Organizations) and Acquirers (middlemen like Worldpay, Fiserv, or Chase). These middlemen configure the device before giving it to the merchant. The conflict is the following: - Acquirers and ISOs make their profit from the Interchange Fee (a cut of every Visa/Mastercard swipe). -"Bypassing the banks" actually bypasses the Acquirers' revenue. The entity that controls the terminal (the Acquirer) has zero incentive to install the WalletConnect app. In fact, they have a negative incentive. Every stablecoin transaction creates a loss of revenue for them compared to a card swipe. Therefore, they will simply never enable the feature. Once again, distribution rules everything.

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Ryan Pyle
Ryan Pyle@RyanPyle·
Hello friends, I had a wonderful time being a guest on The Stories Series Podcast with @BrandonViolette - We did a deep dive on my Tough Rides: China - a motorcycle adventure television series (6 x 30min) where my brother @pylec and I circumnavigated China by motorcycle. What an epic journey. Check out the discussion here: youtube.com/watch?v=6xlpSJ…
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Colin Pyle retweetledi
Noble
Noble@noble_xyz·
2025 was a Noble year✨ Stablecoin supply grew 135% to $310B, the U.S. passed its first comprehensive stablecoin legislation, and adoption accelerated across banks, fintechs, and even U.S. states. For Noble, it has been our strongest year yet. And we're just getting started.
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Jelena
Jelena@jelena_noble·
>Noble decided against launching their much awaited token in Cosmos. It's true - we are in the process of launching a complete overhaul of the Noble chain, one which will introduce faster blocks and EVM. This is in anticipation of major product launches we have been quietly cooking for the past number of months. As blockchain infrastructure builders, we stand on the shoulders of giants. Sovereign appchains was the correct thesis, as was purpose-built stablecoin infrastructure. Now its time to level up in a major way. Noble is transcending, stay tuned 🙂
Ed | AirdropGlideApp@AirdropGlideApp

As ATOM gets ready to drop out of the Top 100 tokens by Market Cap on Coingecko, let's take a look at what's happening in the ecosystem: - Axelar team has been acquired by Circle. Old token and project left behind. - Drop have sunsetted, and decided against TGE. - Pryzm are closing down. - Akash is migrating away, likely to Solana. - Noble decided against launching their much awaited token in Cosmos. - Elys are moving to Base. - Stargaze are sunsetting their chain. - Sei decided to kill the Cosmos part of their chain completely. - Shade Protocol have moved to Sei (as Feather). - Orbit Earn are building on Arbitrum. - pStake moved to Base. - Jackal moved their token liquidity to Base. - Demex are likely moving to Monad (as Celeris). - Stride sunsetted. - Quaser died, and then their successor Tower also died. - Picasso (and everything from Compostable) died, and even stranded all the bridged SOL in Cosmos. - Evmos died and even gifted all the tech for Cosmos EVM, but they decided not to use it on the Hub. - Loads of DEX closed down: Wynd, Hopers, Junoswap, Loop, Ura, Phoenix, TerraSwap, Sienna, Blizzard, SecretSwap, Cresent, WhiteWhale, Gravity, Sifchain... - Not to mention everything that died when Terra died. - Loads of Injective apps died (Dojo Swap, Injera etc) I think they only have Helix and Neptune now. Pivot to EVM. - Kujira died, and took loads of apps with it like Fusion, Levana etc. Rujira seems dead. - Comdex died, I think they were going to try and become a PCS chain on the hub, then decided what's the point. - Omniflix moved to Base (as Flixdotfun) - Penumbra closed down (other privacy chains like Namada and Secret also seem dead). - Unicornandmemes decided not to make UWU transferrable in Cosmos, and moved to Solana. - Anyone remember Juno? And don't get me started on NETA Everything is fine, right?

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Noble
Noble@noble_xyz·
Noble has reached over 1 million in protocol revenue. Real usage. Real distribution. Noble Dollar. dollar.noble.xyz
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Keşfet

@mcagney @Figure @mattconroy @juneou @MBTannenbaum @ericjackson @SkyEcosystem @centrifuge