@mathy_research This is brilliant - what do you think the logic is behind the usdt kink?
Isn’t the purpose of the kink primarily to protect liquidity under stress events?
English
Jack
57 posts
The EF supporting us in the earliest stages of our mission is super refreshing
CT consensus would have you believe they are distanced from the builders
Can’t speak for the past, but this definitely isn’t true anymore
Abbas Khan ⟠@KhanAbbas201
After reviewing 100+ incredible applications and running a @jokerace_io community vote, we’re thrilled to announce the 24 teams selected for Founders Lab 🎉 These teams will receive 1:1 mentorship from some of Ethereum’s top builders at @EFDevcon learning from the best in GTM, fundraising, product, and scaling. Big thank you to everyone who applied, the quality of projects was insane. The energy, ideas, and conviction remind us why Ethereum’s founder community is unmatched. Congrats to all the selected teams 👇 1. @OnchainCity 2. @joinpeanut 3. @indexnetwork_ 4. @blend_money 5. @Dust_Org 6. @Qurios_ai 7. @unlink_xyz 8. @ecp_eth 9. @CausalityNet 10. @fluidkey 11. @wall8_xyz 12. @TheSandboxGame 13. @LetsPayFi 14. @AnyoneFDN 15. @bloomsocialhq 16. @0xNullEth 17. @bondoncredit 18. @AzosFinance 19. @ViFi_Labs 20. @DivineResearch 21. @SafuLabs 22. @AstralProtocol 23. @yearnfi 24. @berryinvesting
English
Google Pay is live
The line between “crypto cards” and regular payment cards is ultra-thin
Google Pay makes it indistinguishable
Ps. Apple Pay is coming soon
Ready@ready_co
Crypto’s consumer era starts now Introducing Google Pay 💳
English
@obchakevich_ @raincards @Visa @cnaut @rooqster @Dune @ethereum @0xPolygon @Optimism @base @avax Nice data - do you have a breakdown of volume per project? Would be interesting
English
In September, Rain Card reached $146M in transfer volume from collateral deposits.
@raincards is a payment project that offers stablecoin-based cards for self-storage and spending of digital assets anywhere @Visa is accepted.
The main flow of deposits goes through the Ethereum chain, which is $95M, followed by Polygon with $32M, and Base with $9M.
The most active asset for deposits and payments is USDC, which accounted for $116M in September, followed by USDT and a small portion in AVAX.
However, the number of active collateral addresses constantly changes and varies from 50 to 95 addresses per month.
What are Rain collateral addresses?
Rain cards collateral addresses are partner addresses in which Rain acts as a card issuer. The list of collateral addresses includes projects such as @KoloHub, @KASTcard, @TakenosApp, @ether_fi Cash, @somosmeru, @dakota_xyz, @avax card, @OfframpXYZ, @OrbitX_Pay, and @wallbit_app.
Rain Cards is growing rapidly and has already established itself as the leading card issuer in the market.
Check my analytics: dune.com/obchakevich/ra…
💳
English
@chintanturakhia @brian_armstrong @base @NounCoffee Very cool, how does the user make the payment? QR?
English
If you want to learn more and use this @base pay terminal, DM me.
@NounCoffee loves it and so will you.
No, it doesn’t integrate with your existing POS (yet). Ditch your antiquated system.
derekgtaylor@derekgtaylor
@raihan_ @jessepollak @vibhu @chintanturakhia BasePay The Terminal is a real thing and under .001 cents is insane and will change the world ⌐◨-◨ @NounCoffee BaseCamp this past week blowing minds
English
@SimkinStepan A+ design, whoever did this is great. Very smooth product
English
English
Are programmable payments onchain actually happening?
@rangoldi, SVP Payments & Network, @FireblocksHQ, asked whether it’s just a buzzword in the industry…
Basak Toprak @btoprak11, JPM Kinexys, tells us more about their real world examples:
🎙️ Listen to the latest episode of Tokenized: tokenized.simplecast.com/episodes/how-s…
📷 Watch on YouTube: youtu.be/Y5Tb2ZXbS5E
YouTube
English
Real estate creators on Whop are seeing a surge in sales — $4.4M over the last 90 days, up 65% this week alone 👀
The pickup comes as mortgage refinance demand jumps nearly 60% with rates sliding to the lowest since Oct 2022
English
Thrilled to partner with @rooqster, @cnaut and the amazing team at @raincards. The stablecoin card era is here:
✨ Global issuance in 150+ countries
✨ Accepted everywhere Visa is
✨ Already millions of transactions processed
✨ 4x YoY growth → billions in volume
Lithic@lithic
We're pleased to announce our strategic partnership with @raincards, the enterprise-grade infrastructure leader for stablecoin-powered payments. prnewswire.com/news-releases/… #Stablecoins #FintechPartnership #PaymentInfrastructure #CardIssuing #FinancialInnovation #FintechNews
English
@klarnaseb Honestly respect that you've been doing this for 20 years and STILL talking about distrusting this industry as if it's day 1.
Inspirational.
English
@robfelt @chuk_xyz @SlingMoney Ok awesome - yea we will be handling a lot of crosschain transactions w stables so will dig in! Will provide some thoughts 🫡
English
awesome! any questions or feedback re: Permit3 please feel free to lob them my way.
also, if what your building has any focus on stablecoins you might want to take a look at our Eco Routes SDK 👀
tldr; it's one integration that let's apps accept a variety of stablecoins across any eco-connected chain (10 chains and counting) with one integration
eco.com/blog/routes-sd…
English
stablecoin adoption isn’t being held back by tech, it’s being held back by understanding.
education is what turns curiosity into real adoption.
great piece from @chuk_xyz 👇
Chuk@chuk_xyz
English
@obchakevich_ @raincards @RedotPay @Cypher_HQ_ @Visa A breakdown of rain and redots volume across partners would be interesting.
Ie - net of Rain’s volume that’s attributed to Etherfi and so on!
Epic work here, rly loving this analysis 🙏
English
@jackinvert @raincards @RedotPay @Cypher_HQ_ @Visa this is publicly available data that can be identified on-chain.
the volumes are likely to be higher, and partners and so on were not taken into account.
English
This is actually very interesting, because payments via Visa cards have rapidly begun to grow in volume in recent months. Issuers such as @raincards, @RedotPay, and @Cypher_HQ_ , which use @Visa, generated ~$160m in volume in August alone (in fact, it seems to be more).
I conducted research and analysis on cards, and here are the results 👇
Omar@TheOneandOmsy
Interesting excerpt from the GS conference: Visa stablecoin settlement volumes now up to ~$1b run-rate, up 4x from earlier this year Direct stablecoin settlement lets Visa's partners bypass traditional bank/fiat rails for instant 24/7 settlement on the network. I.e. issuers like @raincards can now settle direct w/ Visa over the weekend without a bank Visa currently accepting 4 different stablecoins (USDC, EURC, PYUSD, USDG) across 4 different blockchains
English
@obchakevich_ @helio_pay @solana @solanapay @sol_stijn @0xAdamRJ @Dune wait this is awesome- it would be cool to see volume split between accepting merchants as well - although I imagine much more leg work
English
Payments analytical dashboard by @helio_pay
I have prepared an analytical dashboard for one of the most interesting payment projects on @solana, a project that develops the payment direction of @solanapay.
Below, we will analyze some interesting metrics 🧵👇
English
what i always loved about defi:
doing stuff that used to be reserved for banks + super rich people but now it is just a couple clicks on an app
it is crazy when u think about it
nairolf@0xNairolf
English
@chuk_xyz @johneightclip @robfelt @SlingMoney Yea def, also v important since not all stables are made equal. With different entity set ups, custodians, and asset backing.
English
@jackinvert @johneightclip @robfelt @SlingMoney I agree! From the article: "Ideally, stablecoins fade into the background. But when they are part of the value prop (e.g. paying remote workers who request that method) the end user (particularly businesses) often wants to know exactly what they’re getting into."
English
@FrankieIsLost Personally think @SlingMoney is very clean. No idea how they are doing it but would love to lmao!
English
English
@johneightclip @robfelt @chuk_xyz @SlingMoney Yea when it comes to UX i agree.
The best UX is so intuitive that it does a lot of the education required.
Really the 10x benefits are crossborder fees/fees, high yield opportunities and non-custodial.
The last one is probably harder for everyday people to grok
English
@jackinvert @robfelt @chuk_xyz @SlingMoney I agree @jackinvert.
I wonder often if over indexing on "education" is actually a mistake.
It explaines and overly complicated process that is by nature a UX problem.
Solve the UX problem, and "education" becomes irrelevant.
After all, It's just "money".
English