0xWillᵐᶠᵉʳ

Unstoppable Freedom in Your Pocket ! People's Wallet!

@Laaaaacieee 我也是卡粉！BG wallet 粉

火速下载试用，UI好评！我试了一下有几个特点： 1.支持TEE邮箱注册生成新钱包，同时创建用户名实现钱包内昵称/邮箱转账，用 user@tether.me 这样的格式/邮箱替代长串钱包地址（类似baseapp） 2.真正的gas abstraction，没有什么预充值gas账户，转账时无须native token直接用转账的token余额代付gas fee（不限于usdt，转xaut也可以直接用xaut代付gas!） 还可以提升的地方： 1. 目前支持的token和链还比较少： USDT&XAUT（ETH主网/Polygon/Plasma/Arbitrum）、USAT on ETH主网、比特币（链上+闪电网络） 2.目前gas fee计算的界面加载比较慢，要5-8s 3. Transaction history里，用username互转但显示的send/receive是钱包地址，容易忘记转账对象，目前也没有常用转账对象/地址记录 另外钱包基于开源的 Wallet Development Kit定位是"任何人、机器、AI Agent都能建和用的自托管钱包基础设施"，明确提到 trillions of AI agents 场景

Hong Kong just issued its first two stablecoin licenses. @HSBC and @AnchorPointFncl (a Standard Chartered / Animoca / HKT joint venture). 36 applicants, 2 approvals. The market read it in the simplest possible way: the boring banks won, Web3 lost. BOCHK absent, Ant and JD withdrawn months earlier, Futu and OSL told to wait for round two. The reading isn't wrong. It just answers the easy question. The interesting one is what these licenses actually authorize — and on that, HKMA was unusually explicit. Anchorpoint's published scope includes tokenized asset settlement, programmable payments, and supply chain financing. HSBC's first-phase feature set includes tokenized investments inside the banking app itself. Standard Chartered's Bill Winters described HKDAP as "further the rewiring of our financial markets." Neither issuer is building "a Hong Kong dollar stablecoin." Both are building a settlement asset for on-chain Hong Kong finance. The US has already answered this question. Visa, Mastercard, JPMorgan, BlackRock, Coinbase, Payoneer — three layers of infrastructure, all treating stablecoins as plumbing rather than as a product. That is the stack Hong Kong just bought a seat in. The easy question has a boring answer. The hard one — what lives on these rails overnight — starts now. Full analysis in: open.substack.com/pub/moneyinmot…

@AnthropicAI spent $30M on Super Bowl ads with a single tagline: "Ads are coming to AI. But not to Claude." Three weeks later, @OpenAI quietly shut down Instant Checkout — the experiment meant to make ChatGPT the checkout of the AI economy. Both stories made headlines. Both missed the bigger one. Agentic commerce isn't one market. It's two. The photogenic half — ChatGPT, Amazon, Visa — is well-funded and watched by every analyst. The other agent-to-agent half is already running. No consumers. No carts. No cards. Just machines paying machines, sub-cent at a time. @McKinsey 's $3-5T forecast for 2030 doesn't include any of this. Here's what's contrarian: the photogenic half ships LAST. Not because the technology isn't ready — because the governance isn't. There's no chargeback flow for an AI that buys the wrong product. Trust is enforced by code, not by court systems. The order is set by who absorbs the loss when an agent makes a mistake. And it's the exact opposite of what most analysts expect. Full piece on The Wave^3: lnkd.in/gTi3yfzx #AgenticCommerce #Fintech #Stablecoins

"We don't touch the funds." The stablecoin industry's favorite sentence. Also the reason nobody built the compliance stack that traditional acquiring has always provided. KYC. KYT. SAR filing. Dispute resolution. Fiat settlement. Three intermediaries handle all of that invisibly when you swipe a Visa card. Stablecoins ripped them out. And "we don't touch the funds" became the reason nobody replaced them. Blockchains don't forget. The evidence doesn't degrade. Regulators don't need to catch you in real time.

A deep dive on @Mastercard 's $1.8B acquisition of @BVNKFinance . Seven weeks before the deal, Mastercard's CPO said stablecoins were "not a general-purpose payment instrument." Then came $1.8 billion. It didn't change his mind. Mastercard ran out of time. Here's what I kept coming back to: $1.8 billion is not a bet on where stablecoins are going. It's the bill for having missed where they already are. Visa and Mastercard both have 130+ stablecoin card programs. Visa captured 90%+ of the volume. Same number of programs. Completely different outcomes — because Visa chose the right layer in 2021. The first mover can partner. The second mover has to buy. But buying infrastructure doesn't automatically buy volume. Infrastructure is table stakes. Distribution is the game. That's the question Mastercard still has to answer. What made BVNK worth $1.8B: six days before the acquisition, Mastercard launched its Crypto Partner Program with 85+ partners. Without BVNK, the program is marketing. With it, it's infrastructure. And the bigger picture: Bridge went to Stripe. BVNK went to Mastercard. The next acquisition target is running the same playbook somewhere right now. Visa hasn't bought anyone — and maybe it never needs to. → Full breakdown: lnkd.in/g-X6KbK8

CEX hold $80B in stablecoins. None of it is reaching consumers. This isn't a product failure. It's structural — and the gap is getting wider. Full analysis: why the institutions that know this asset best are becoming peripheral to its highest-growth application. willwill.substack.com/p/the-familiar…

9 / Tether makes the benchmark uncomfortable: $197B USDT supply. $13B net profit in 2025. From $122B in Treasury holdings. By doing nothing at the consumer layer. That's the honest starting point for any exchange building a business case for a consumer payment push: the do-nothing alternative already outperforms most consumer payment strategies on paper.

7 / One scenario where CEX holds a genuine advantage: Agentic Commerce. AI agents select payment rails on three criteria: → API latency → Gas cost → Liquidity depth That's exactly what CEX infrastructure is built for. Brand advantages built on the user side mean nothing to an agent. Exchange liquidity pools become real competitive moats — without any consumer-side brand rebuilding required. Timeline: protocol layer now. Enterprise validation from 2028.

6 / The players winning in consumer payments were never exchanges that pivoted. @lemonapp_ar Lemon Cash (Argentina): stablecoin-native digital bank from day one. 78% of deposits are stablecoins. Users aren't experimenting — they're surviving inflation. @SlingMoney Money: global Venmo on Solana. Users know "that app transfers money cheaply." Exchange account? Irrelevant. Rain, RedotPay, Stripe/Bridge: purpose-built for the payment layer. Two structurally different problems. Not the same problem at different stages of maturity.