THORChain

Nothing to see here… Just Jensen Huang (CEO of the world’s most valuable company Nvidia) and Chamath discussing Bittensor $TAO 🤯

🚨 USDT on TRON just EXPLODED on THORChain… and nobody is talking about it 🚨 We’re witnessing a massive spike in swap activity — and the numbers are not subtle: 👉 $4.26M daily volume 👉 47.88K swaps in a single day 👉 $2.14M native swaps + $2.12M trade swaps 👉 Fees flowing HARD to LPs 📈 This isn’t “normal usage”… this is capital rotation at scale. 💡 Why this matters (and why it’s controversial): TRON already dominates stablecoins globally: 👉 Over $73.8 BILLION USDT supply — more than Ethereum 👉 Handles ~60% of all USDT transfers worldwide Now combine that with THORChain’s permissionless cross-chain swaps… ➡️ You get frictionless movement of stablecoins across chains ➡️ No bridges. No custody. No KYC. 🔥 So what’s really happening here? This spike suggests: Whales are routing TRON USDT liquidity through THORChain Cross-chain demand is accelerating FAST Stablecoins are becoming the main settlement layer of DeFi And here’s the uncomfortable question: 👉 Are centralized exchanges slowly losing control of stablecoin flows? 📊 Context most people ignore: THORChain processed $19.6B volume in a single quarter Top routes already include USDT pairs crossing chains Now TRON.USDT is entering the arena with real momentum. ⚠️ The bigger picture: This isn’t just a spike. This is: Stablecoin dominance + cross-chain liquidity merging A direct challenge to CEX monopolies The rise of true decentralized forex for crypto 👀 I think we’re early… But if this trend continues: 👉 TRON + THORChain could become the backbone of global stablecoin liquidity What do you think? Is this the beginning of CEX irrelevance… or just another temporary spike? 🤔

I experimented with a Bitcoin backed loan of $15 on Coinbase and I didn’t like it… Turns out when you lock up your Bitcoin as collateral and get USDC to spend you can’t sell your collateral to pay off the loan. Meaning, that you have to put more money in (the amount of the loan) to unlock your Bitcoin. So if you had $1 million of Bitcoin locked up as collateral and took out a $400,000 to spend on something else…. You’d have to put $400,000 of cash back into Coinbase to unlock the $1 million of Bitcoin. I thought you could just sell the collateral bitcoin and come out with $600,000 of Bitcoin and the loan paid off. I don’t like the process and the experiment was a failure. So I put more cash back in to unlock the $15 of Bitcoin collateral I had and took my BTC out of Bitcoin and back to the hardware wallet.