here’s how @JupiterExchange enables defi around rwa & collectibles economy: this week Jupiter launched @jup_offerbook , a P2P lending market for any onchain asset (stocks, trading cards & memes). traditional lending protocols require deep liquidity but this limits the assets that can be used for credit. still, there’s demand: - global digital collectibles and trading card market is valued at over $20 billion - tokenized equities hover between $1B and $1.2B market size, surged by over 2,900% in recent years. the market is catching up: - @Loopscale is launching @Collector_Crypt vault - defi ecosystem around stocks is growing: e.g. protocols like @SpoutFi offerbook is essentially a way to ensure any type of asset works for you instead of selling it, even if it might be too niche for traditional lending markets. while we see a lot of offers for memes, rwa and collectibles are still at the center of it. in 2 days after the launch i’ve seen offers on Tesla & Nvidia stocks, tokenized Gold, Huma’s PST and onRE. how it works: for lenders, Offerbook enables fixed-rate lending, at scale. you can fulfill any existing borrow offer or create your own lending offer for the assets you choose. for borrowers, you can get USDC by locking your pokemon cards, stocks, or other tokens with no liquidation and use them in defi.

this week on solana : (mainly stablecoins, rwa & defi) - @JurassicFi raised $200k in ~2 hours on @MetaDAOProject - @epicentral_ an options protocol, launched their devnet - @onrefinance reached over $140M in assets under management and raised a $5M series A - @hylo_so hyUSD/USDC pair now offers 12% APY - Altitude announced they will be launching cards with up to 2% cashback - PreStocks volume just crossed $1B what did i miss?

Tether’s Solana takeover has started it’s been a few days since drift announced relaunch with USDT since then: > USDT supply on Solana hit ATH of $3.5B > USDC/ USDT became the most popular pair in Solana prop AMMs > Loopscale launched USDT loops with $1M cap in deposits filled under an hour (now $2.5M in deposits) > other protocols like Elemental have started promoting their USDT markets here’s how Tether’s Drift move fits into a broader Solana play: background: usdc has been a #1 in stablecoin supply on solana. even though launched after usdt, usdc has become a go-to choice for those in defi across all chains. opportunity cost: when drift hack happened, circle was unable to freeze the hacked funds. tether saw the opportunity to step foot and dominate solana stablecoin tvl and invested $150M, securing the relaunch with USDT at it’s core. why is it big: Solana is the #1 chain in volume and payments growth. securing a top Solana protocol = strategic step leading to a larger share of ecosystem’s stablecoin supply / volume. and even though USDT usage in defi is not that big rn comparing to USDC (e.g. Kamino has $180M in USDC supply vs $7M in USDT) it’s seems to be just a beginning.

last week in Solana payments: @solanapayments - Moonpay eliminated onramp fees for agents - Surfcash is live in Argentina - SoFi, a US chartered bank with $50B in assets, will leverage Solana for stablecoin banking - Privy published a neobank report, outlining types of neobanks & how they use privy: Kast & Avici mentioned - StraitsX is bringing SGD and USD denominated liquidity for onchain fx stats: - Solana rwa value reached $2B - stablecoin transaction volume is $2T per month now