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🔥JUST IN: Evernorth expects to raise $300 million in cash and hold 473 million ripple:native after its shareholders approved business combination with Armada.
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What does onchain privacy look like?
One approach: confidentiality. Amounts and balances stay hidden, while addresses stay visible.
The privacy banks and users expect, with the efficiency and security of blockchain.
@boyanxyz from @OpenZeppelin explains.
stellar.org/blog/developers/…
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Stellar Network sets record throughput capacity
@StellarOrg reaches a new high of 217.4 transactions per second, far outpacing the previous record that was set just under two weeks ago.
Evidence shows a rapid increase in throughput as the network expands its capacity to process blocks and meet growing global payment demand.
Source: Chainspect
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JUST IN: 🇺🇸 CFTC announces the agency is establishing "clear" crypto market structure rules.
"It's GO TIME"
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For too long, regulatory uncertainty has prevented responsible, yet critical innovation from taking root in the United States.
It has been a priority of my chairmanship to reverse this trend.
Though temporary, the Innovation Exemption is a principled, structured grant of relief designed to resolve genuine legal uncertainty, while providing investor protections and upholding market integrity standards.
Through this order and a number of ongoing initiatives, we will ensure that America remains the world’s premier destination to build the next generation of financial infrastructure.
CLARITY ACT
what did i say for MONTHS you fucking hype monkeys
IT WILL NEVER PASS
and now you too pussy to vote them OUT
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Many of us have mentioned how the stablecoin yield debate playing out in Clarity, and the arguments made against yield by the bank trades, mirror the battle over money market funds in the 1970s. Well here's some proof.
Here's a letter submitted by the Independent Bankers Association of America (a predecessor to the ICBA) in a 1980 hearing of the Senate Banking committee on money market funds.
As you can see, many of their arguments against stablecoins are almost verbatim a copy from what they argued back then: threat to deposits, harms lending, uniquely dangerous for smaller banks.
And we know today that argument was dead wrong. Money market balances grew parabolically into the trillions, and yet banks remain flush with deposits.
MOST UNEDUCATED crypto bros
will not realize that
EVEN IF IF IF IF ,
clarity will pass Tuesday,
IT IS JUST A PROCEDUAL VOTE.
And not a real passage.
All the CLICKBAIT SWINE
Will go crazy for you to be engaged
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Proud to handle the last mile 🫡
Global stablecoin payroll. Local currency cashouts. Worldwide. 🌎
Zebec and @MoneyGram are expanding enterprise payroll with MoneyGram Ramps, connecting Zebec’s payroll experience on the @StellarOrg network with MoneyGram’s global network of 480K+ retail locations across 170+ countries and territories.
Employees and contractors can receive stablecoin payroll and access their earnings in local currency through participating MoneyGram locations.
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Today, @usbank announced a successful live pilot of USBDC, the bank's proprietary USD-backed stablecoin, on the Stellar network.
USBDC is one of the first bank-issued stablecoins deployed on a public blockchain.
Traditional finance meets innovation on Stellar.
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We've officially crossed $4B in real-world assets on Stellar. The number is significant. The breadth behind it is even more telling.
This is what it looks like when onchain finance starts operating at real scale. Congrats, to the @stellarorg team. We're just getting started.
All the money on Stellar? We're starting from a strong place: $4 billion in RWAs.
When competition heats up, so do we 🏎️