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GAIB AID Alpha x OpenEden’s cUSDO Integration
Real AI Yield, Now Powering cUSDO
Today,being 26 June, 2025, GAIB and OpenEden are unlocking a new frontier of RWA composability: AID Alpha now accepts cUSDO deposits, bringing AI-backed yield into a treasury-backed stablecoin ecosystem.
What’s New: AID Alpha Welcomes cUSDO
Starting June 26, cUSDO holders can deposit directly into GAIB’s AID Alpha vault.
Here’s what you get:
✅ 5× GAIB Spice Points (1 point per $ per day, with 5x multiplier as stipulated in Cap 3)
✅ 3× OpenEden Bucks Points
✅ FCFS Whitelist eligibility for GAIB’s exclusive Fremen Essence NFT (deposits ≥ $1,500)
✅ A $10M total deposit cap — early movers benefit most
Why OpenEden? Why cUSDO?
OpenEden is pioneering the tokenization of real-world financial assets in DeFi, starting with U.S. Treasury Bills. One of its flagship products is OpenDollar USDO, a regulated, yield-bearing stablecoin pegged 1:1 to the US dollar and fully backed by U.S.
Treasuries.
USDO’s wrapped token, cUSDO, is designed for composability: non-rebasing, cross-chain compatible, and ideal for integrations like AID Alpha.
Backed by short-term Treasuries and reverse repos, cUSDO’s price accrues value over time and reflects real yield from onchain assets. The combination of AI yield and treasury-backed security offers DeFi users a powerful new way to earn from real-world assets.
✅ How to Participate:
If you’re already holding cUSDO, deposit cUSDO into the AID Alpha Spice Harvest：aid.gaib.ai/deposit/ethereum/AlphaCUSDO
By connecting cUSDO with AID Alpha, GAIB and OpenEden take a practical step toward more stable, composable DeFi yield.
#GAIB #usd
Real AI Yield, Now Powering cUSDO
Today,being 26 June, 2025, GAIB and OpenEden are unlocking a new frontier of RWA composability: AID Alpha now accepts cUSDO deposits, bringing AI-backed yield into a treasury-backed stablecoin ecosystem.
What’s New: AID Alpha Welcomes cUSDO
Starting June 26, cUSDO holders can deposit directly into GAIB’s AID Alpha vault.
Here’s what you get:
✅ 5× GAIB Spice Points (1 point per $ per day, with 5x multiplier as stipulated in Cap 3)
✅ 3× OpenEden Bucks Points
✅ FCFS Whitelist eligibility for GAIB’s exclusive Fremen Essence NFT (deposits ≥ $1,500)
✅ A $10M total deposit cap — early movers benefit most
Why OpenEden? Why cUSDO?
OpenEden is pioneering the tokenization of real-world financial assets in DeFi, starting with U.S. Treasury Bills. One of its flagship products is OpenDollar USDO, a regulated, yield-bearing stablecoin pegged 1:1 to the US dollar and fully backed by U.S.
Treasuries.
USDO’s wrapped token, cUSDO, is designed for composability: non-rebasing, cross-chain compatible, and ideal for integrations like AID Alpha.
Backed by short-term Treasuries and reverse repos, cUSDO’s price accrues value over time and reflects real yield from onchain assets. The combination of AI yield and treasury-backed security offers DeFi users a powerful new way to earn from real-world assets.
✅ How to Participate:
If you’re already holding cUSDO, deposit cUSDO into the AID Alpha Spice Harvest：aid.gaib.ai/deposit/ethereum/AlphaCUSDO
By connecting cUSDO with AID Alpha, GAIB and OpenEden take a practical step toward more stable, composable DeFi yield.
#GAIB #usd
SD Hussain:
that was a joke ( my first comment )
actually, only the brave make it in crypto, comfort never built an empire.
How to Avoid P2P Scams When Selling USDT on Binance
Peer-to-peer (P2P) trading on Binance offers flexibility and control but also exposes users to scams if caution is not exercised. Here are expert tips to protect yourself when selling USDT on Binance P2P:
1. Never Release USDT Before Confirming Payment
Only release your USDT after you have verified that the buyer’s payment has been credited to your bank account or e-wallet. Do not rely on screenshots, SMS, or email notifications claiming payment, as scammers often use fake proofs of payment to trick sellers into releasing crypto prematurely.
2. Stay Within Binance’s Platform
Conduct all communication and transactions exclusively on Binance P2P. Avoid moving conversations to external apps like WhatsApp or Telegram, which void Binance’s escrow protections and increase your risk of fraud.
3. Verify the Cryptocurrency Type Carefully
Scammers may send tokens that look similar to USDT but have much lower value (e.g., USTC). Always double-check the exact token received in your Binance transaction history before releasing your USDT.
4. Use Verified and Trusted Buyers
Trade with buyers who have a verified status and good transaction history on Binance. Check their ratings and feedback to avoid dealing with new or suspicious accounts.
5. Enable Two-Factor Authentication (2FA)
Secure your Binance account with 2FA and never share your codes with anyone, including anyone claiming to be Binance support.
6. Be Wary of Deals That Seem Too Good to Be True
Offers significantly above or below market rates are often scams. Research current market prices before agreeing to any trade to avoid bait-and-switch tactics.
7. Keep Records and Report Suspicious Activity
Save all chat logs, transaction screenshots, and payment confirmations. If you suspect a scam, report it immediately to Binance Customer Support with all evidence to help protect yourself and others.
By following these precautions, you can safely sell #USD USDT on Binance #P2P and minimize the risk of falling victim to scams. Always prioritize verification over urgency and use Binance’s secure escrow system to your advantage.
#BinanceAlpha #ScalpingStrateg
1. Never Release USDT Before Confirming Payment
Only release your USDT after you have verified that the buyer’s payment has been credited to your bank account or e-wallet. Do not rely on screenshots, SMS, or email notifications claiming payment, as scammers often use fake proofs of payment to trick sellers into releasing crypto prematurely.
2. Stay Within Binance’s Platform
Conduct all communication and transactions exclusively on Binance P2P. Avoid moving conversations to external apps like WhatsApp or Telegram, which void Binance’s escrow protections and increase your risk of fraud.
3. Verify the Cryptocurrency Type Carefully
Scammers may send tokens that look similar to USDT but have much lower value (e.g., USTC). Always double-check the exact token received in your Binance transaction history before releasing your USDT.
4. Use Verified and Trusted Buyers
Trade with buyers who have a verified status and good transaction history on Binance. Check their ratings and feedback to avoid dealing with new or suspicious accounts.
5. Enable Two-Factor Authentication (2FA)
Secure your Binance account with 2FA and never share your codes with anyone, including anyone claiming to be Binance support.
6. Be Wary of Deals That Seem Too Good to Be True
Offers significantly above or below market rates are often scams. Research current market prices before agreeing to any trade to avoid bait-and-switch tactics.
7. Keep Records and Report Suspicious Activity
Save all chat logs, transaction screenshots, and payment confirmations. If you suspect a scam, report it immediately to Binance Customer Support with all evidence to help protect yourself and others.
By following these precautions, you can safely sell #USD USDT on Binance #P2P and minimize the risk of falling victim to scams. Always prioritize verification over urgency and use Binance’s secure escrow system to your advantage.
#BinanceAlpha #ScalpingStrateg
⚡ $17B $BTC & $ETH Options Expire Today — While the Dollar Hits 3‑Year Low
💥 $17 billion in Bitcoin & Ethereum options expire on Deribit — could this trigger a major breakout or shakeout?
🇺🇸 Meanwhile, the U.S. dollar index just hit a 3‑year low, as markets speculate on the next Fed chair
These two forces are colliding hard:
✅ A weaker dollar = tailwind for crypto
🔧 Options expiry = potential for short-term volatility & big moves
Tonight’s playbook:
Buy the dip?
Ride the volatility waves?
Or wait for stability?
Drop your strategy—are you striking while the iron’s hot or holding till the dust settles? 👇
#CryptoVolatility #OptionsExpiry #MacroImpact #Bitcoin #USD
💥 $17 billion in Bitcoin & Ethereum options expire on Deribit — could this trigger a major breakout or shakeout?
🇺🇸 Meanwhile, the U.S. dollar index just hit a 3‑year low, as markets speculate on the next Fed chair
These two forces are colliding hard:
✅ A weaker dollar = tailwind for crypto
🔧 Options expiry = potential for short-term volatility & big moves
Tonight’s playbook:
Buy the dip?
Ride the volatility waves?
Or wait for stability?
Drop your strategy—are you striking while the iron’s hot or holding till the dust settles? 👇
#CryptoVolatility #OptionsExpiry #MacroImpact #Bitcoin #USD
🚨 BREAKING: U.S. DOLLAR PLUNGES TO 3-YEAR LOW AS TRUMP MULLS EARLY FED CHAIR PICK
According to the Financial Times, the U.S. Dollar Index has dropped to its lowest level since early 2022, as former President Trump considers announcing a new Federal Reserve Chair nominee well before Powell’s term ends in May 2026. 👀
🔎 What’s happening:
🇺🇸 Trump reportedly wants a more dovish Fed — potentially accelerating rate cuts
📉 DXY drops ~0.6% while the euro and pound strengthen
📊 Markets are now pricing in multiple rate cuts by year-end
⚠️ Why this matters:
Undermining Fed independence could rattle global markets
A weaker dollar often pushes risk assets like #Bitcoin and gold higher
Treasury yields are sliding, while equities tick up on dovish hopes
📉 Macro shift in motion — and crypto markets are watching closely. Rate expectations, inflation data, and Fed leadership could soon reshape the entire risk landscape.
#Bitcoin #USD #DXY #CryptoMarkets
According to the Financial Times, the U.S. Dollar Index has dropped to its lowest level since early 2022, as former President Trump considers announcing a new Federal Reserve Chair nominee well before Powell’s term ends in May 2026. 👀
🔎 What’s happening:
🇺🇸 Trump reportedly wants a more dovish Fed — potentially accelerating rate cuts
📉 DXY drops ~0.6% while the euro and pound strengthen
📊 Markets are now pricing in multiple rate cuts by year-end
⚠️ Why this matters:
Undermining Fed independence could rattle global markets
A weaker dollar often pushes risk assets like #Bitcoin and gold higher
Treasury yields are sliding, while equities tick up on dovish hopes
📉 Macro shift in motion — and crypto markets are watching closely. Rate expectations, inflation data, and Fed leadership could soon reshape the entire risk landscape.
#Bitcoin #USD #DXY #CryptoMarkets
Don't forget to communicate with the AI in AIville. So that your airdrop points will increase.
#AIVille #AIVilleXBinance #MCPAIVille #USD 1
#AIVille #AIVilleXBinance #MCPAIVille #USD 1
See original
Today I looked at #EGL1 again,
the project team's pace this time is tighter and more powerful than I imagined.
First, @EAGELS_VAULT tweeted that it will spend $100,000 to buy $EGL1 within the next 6 hours, while selecting 20 wallet addresses that are closest to its buying time to airdrop EGL1 as a reward. This type of game rule also indirectly creates a FOMO atmosphere on the chain.
In the following hours, the $100,000 purchase was realized and split into two transactions of $50K each, deposited into on-chain addresses transparently, which indirectly verified the resource mobilization and community activation execution power of the team behind EGL1.
Meanwhile, the trading data of $EGL1 continues to rise. In the BUILD ON event, EGL1 currently ranks first with an on-chain trading volume of $2.07B, far surpassing #Janitor ($922.58M) and #Liberty ($861.74M), the latter two are also considered major meme projects on BSC.
From the trading race data, a gap has formed between EGL1 and the second place, basically locking in the discourse power at this stage.
What’s more noteworthy is that all of this is still happening without any mainstream CEX listings— even Binance has not listed it yet. This indicates that EGL1 is a strong project that relies on community organization, content distribution capabilities, and topic intensity to rise.
There is also a potential variable behind this: Bloomberg has just reported that a group of crypto hedge funds is raising $100 million to invest in BNB assets through shell companies. This is a potential signal of capital flow for the entire BSC sector and seems more like a macro endorsement of the overall BSC ecosystem.
If this logic holds, then the political narrative assets built around the BNB chain—such as #USD1, $WLFI, and EGL1 as an extension of visual cultural carriers—may all become beneficiaries of incoming capital.
From this perspective, looking at EGL1, it feels like it is not an independent meme project, but a node in the entire BNB cultural structure. The foundation is laid by political memes, and it may connect to larger financial expressions.
Moreover, a key point is that there is currently no mainstream CEX involvement, which means it is still in the first half, and brothers can confidently build their positions while managing risk!
#usd #WLFI #EGL1
the project team's pace this time is tighter and more powerful than I imagined.
First, @EAGELS_VAULT tweeted that it will spend $100,000 to buy $EGL1 within the next 6 hours, while selecting 20 wallet addresses that are closest to its buying time to airdrop EGL1 as a reward. This type of game rule also indirectly creates a FOMO atmosphere on the chain.
In the following hours, the $100,000 purchase was realized and split into two transactions of $50K each, deposited into on-chain addresses transparently, which indirectly verified the resource mobilization and community activation execution power of the team behind EGL1.
Meanwhile, the trading data of $EGL1 continues to rise. In the BUILD ON event, EGL1 currently ranks first with an on-chain trading volume of $2.07B, far surpassing #Janitor ($922.58M) and #Liberty ($861.74M), the latter two are also considered major meme projects on BSC.
From the trading race data, a gap has formed between EGL1 and the second place, basically locking in the discourse power at this stage.
What’s more noteworthy is that all of this is still happening without any mainstream CEX listings— even Binance has not listed it yet. This indicates that EGL1 is a strong project that relies on community organization, content distribution capabilities, and topic intensity to rise.
There is also a potential variable behind this: Bloomberg has just reported that a group of crypto hedge funds is raising $100 million to invest in BNB assets through shell companies. This is a potential signal of capital flow for the entire BSC sector and seems more like a macro endorsement of the overall BSC ecosystem.
If this logic holds, then the political narrative assets built around the BNB chain—such as #USD1, $WLFI, and EGL1 as an extension of visual cultural carriers—may all become beneficiaries of incoming capital.
From this perspective, looking at EGL1, it feels like it is not an independent meme project, but a node in the entire BNB cultural structure. The foundation is laid by political memes, and it may connect to larger financial expressions.
Moreover, a key point is that there is currently no mainstream CEX involvement, which means it is still in the first half, and brothers can confidently build their positions while managing risk!
#usd #WLFI #EGL1
$SEI #SEI/USDT sharp decline
resistance levels:
1) immediate: 0.2017 (middle bollinger band)
2) strong: 0.2138 (upper bollinger band)
3) major: 0.2253 (24h high)
support zone: 0.1896 - 0.1913 (lower bollinger band & 24h low)
technical indicators:
- rsi(6): 37.73 (approaching oversold but no divergence)
- macd: bearish momentum (-0.0005)
- price below all key moving averages
- volume ma(5) > ma(10) suggests selling pressure
chart patterns:
lower highs and lower lows forming
failed breakout above 0.2253
currently testing yearly lows
trading considerations:
1) potential bounce at 0.1896 support
2) any rally likely to face resistance at 0.2017
3) break below 0.1896 could accelerate declines
risk management:
- avoid catching falling knife
- wait for confirmation of reversal
- tight stop-losses essential
monitor for:
- volume spikes at support
- rsi divergence development
- macd crossover signals
#sei #usd t #layer1 #crypto $DOGE
$DOT
resistance levels:
1) immediate: 0.2017 (middle bollinger band)
2) strong: 0.2138 (upper bollinger band)
3) major: 0.2253 (24h high)
support zone: 0.1896 - 0.1913 (lower bollinger band & 24h low)
technical indicators:
- rsi(6): 37.73 (approaching oversold but no divergence)
- macd: bearish momentum (-0.0005)
- price below all key moving averages
- volume ma(5) > ma(10) suggests selling pressure
chart patterns:
lower highs and lower lows forming
failed breakout above 0.2253
currently testing yearly lows
trading considerations:
1) potential bounce at 0.1896 support
2) any rally likely to face resistance at 0.2017
3) break below 0.1896 could accelerate declines
risk management:
- avoid catching falling knife
- wait for confirmation of reversal
- tight stop-losses essential
monitor for:
- volume spikes at support
- rsi divergence development
- macd crossover signals
#sei #usd t #layer1 #crypto $DOGE
$DOT
🌍 Nassim Taleb: “US Dollar Quietly Dethroned — This Asset Is the New Global Reserve”
Nassim Taleb, an economist and best-selling author, claims that one asset has stolen the US dollar's place as the world's unofficial reserve currency.
In a recent interview with Bloomberg, the author of Black Swan claims that the US dollar is no longer a trustworthy safe-haven asset. He adds that people would rather participate in the stock market than retain a currency that loses value over time.
He also claims that the dollar's reign as the world's reserve currency came to an end when the US imposed harsh sanctions on Russia for invading Ukraine. Taleb says that gold is now the world's reserve currency, which shows that the dollar lost its credibility when the US and its allies used the USD as a weapon.
"That would show up in markets, the dollar slowly losing value, and, in effect, there is a second concern. The first is the deficit, and the second is that the dollar is losing its standing as a reserve currency.
You can see how much gold has been added to the reserves and how gold has behaved over the last year. And it didn't start with Trump's initiatives. Of course, it began with Biden when he froze the accounts of those who were linked to Putin. He thought it would stop there, but people who weren't linked to Putin opted to stay away from the euro and the dollar.
Gold is now basically the reserve currency. People normally pay in dollars and euros, but they always get turned back into gold at the same rate. And we can see this from the way reserves have built up.
#BTC #GOLD #dolar #usd #IsraelIranConflict $BTC $USDT $PAXG
Nassim Taleb, an economist and best-selling author, claims that one asset has stolen the US dollar's place as the world's unofficial reserve currency.
In a recent interview with Bloomberg, the author of Black Swan claims that the US dollar is no longer a trustworthy safe-haven asset. He adds that people would rather participate in the stock market than retain a currency that loses value over time.
He also claims that the dollar's reign as the world's reserve currency came to an end when the US imposed harsh sanctions on Russia for invading Ukraine. Taleb says that gold is now the world's reserve currency, which shows that the dollar lost its credibility when the US and its allies used the USD as a weapon.
"That would show up in markets, the dollar slowly losing value, and, in effect, there is a second concern. The first is the deficit, and the second is that the dollar is losing its standing as a reserve currency.
You can see how much gold has been added to the reserves and how gold has behaved over the last year. And it didn't start with Trump's initiatives. Of course, it began with Biden when he froze the accounts of those who were linked to Putin. He thought it would stop there, but people who weren't linked to Putin opted to stay away from the euro and the dollar.
Gold is now basically the reserve currency. People normally pay in dollars and euros, but they always get turned back into gold at the same rate. And we can see this from the way reserves have built up.
#BTC #GOLD #dolar #usd #IsraelIranConflict $BTC $USDT $PAXG
Nassim Taleb: “US Dollar Quietly Dethroned — This Asset Is the New Global Reserve”
Nassim Taleb, an economist and best-selling author, claims that one asset has stolen the US dollar's place as the world's unofficial reserve currency.
In a recent interview with Bloomberg, the author of Black Swan claims that the US dollar is no longer a trustworthy safe-haven asset. He adds that people would rather participate in the stock market than retain a currency that loses value over time.
He also claims that the dollar's reign as the world's reserve currency came to an end when the US imposed harsh sanctions on Russia for invading Ukraine. Taleb says that gold is now the world's reserve currency, which shows that the dollar lost its credibility when the US and its allies used the USD as a weapon.
"That would show up in markets, the dollar slowly losing value, and, in effect, there is a second concern. The first is the deficit, and the second is that the dollar is losing its standing as a reserve currency.
You can see how much gold has been added to the reserves and how gold has behaved over the last year. And it didn't start with Trump's initiatives. Of course, it began with Biden when he froze the accounts of those who were linked to Putin. He thought it would stop there, but people who weren't linked to Putin opted to stay away from the euro and the dollar.
Gold is now basically the reserve currency. People normally pay in dollars and euros, but they always get turned back into gold at the same rate. And we can see this from the way reserves have built up.
#BTC #GOLD #dolar #usd #ScalpingStrategy $BTC
$USDT $PAXG
Nassim Taleb, an economist and best-selling author, claims that one asset has stolen the US dollar's place as the world's unofficial reserve currency.
In a recent interview with Bloomberg, the author of Black Swan claims that the US dollar is no longer a trustworthy safe-haven asset. He adds that people would rather participate in the stock market than retain a currency that loses value over time.
He also claims that the dollar's reign as the world's reserve currency came to an end when the US imposed harsh sanctions on Russia for invading Ukraine. Taleb says that gold is now the world's reserve currency, which shows that the dollar lost its credibility when the US and its allies used the USD as a weapon.
"That would show up in markets, the dollar slowly losing value, and, in effect, there is a second concern. The first is the deficit, and the second is that the dollar is losing its standing as a reserve currency.
You can see how much gold has been added to the reserves and how gold has behaved over the last year. And it didn't start with Trump's initiatives. Of course, it began with Biden when he froze the accounts of those who were linked to Putin. He thought it would stop there, but people who weren't linked to Putin opted to stay away from the euro and the dollar.
Gold is now basically the reserve currency. People normally pay in dollars and euros, but they always get turned back into gold at the same rate. And we can see this from the way reserves have built up.
#BTC #GOLD #dolar #usd #ScalpingStrategy $BTC
$USDT $PAXG
See original
#USNationalDebt
U.S. National Debt: Breaking Down the Numbers
The national debt of the United States has been a growing concern, recently surpassing $34 trillion. This colossal figure represents the accumulation of past budget deficits, where government spending has exceeded its revenues. Various factors contribute to this persistent growth, including significant spending on social programs such as Medicare and Social Security, military spending, and interest payments on existing debt. Tax cuts, particularly during periods of economic slowdown or recession, can also exacerbate the problem by reducing government revenues.
The implications of a growing national debt are multifaceted. A larger debt means that a bigger portion of the federal budget must be allocated to interest payments, which could displace funding for other crucial areas such as infrastructure, education, or scientific research. It may also generate inflationary pressures if the Federal Reserve prints more money to finance the debt, or conversely, it could increase borrowing costs for government, businesses, and consumers if lenders demand higher interest rates due to perceived risk. While there are ongoing debates about the exact thresholds and consequences, high and sustained levels of national debt raise questions about long-term economic stability and intergenerational equity. Addressing this challenge will likely require a combination of fiscal discipline, economic growth, and potentially tough policy decisions.
#USD
U.S. National Debt: Breaking Down the Numbers
The national debt of the United States has been a growing concern, recently surpassing $34 trillion. This colossal figure represents the accumulation of past budget deficits, where government spending has exceeded its revenues. Various factors contribute to this persistent growth, including significant spending on social programs such as Medicare and Social Security, military spending, and interest payments on existing debt. Tax cuts, particularly during periods of economic slowdown or recession, can also exacerbate the problem by reducing government revenues.
The implications of a growing national debt are multifaceted. A larger debt means that a bigger portion of the federal budget must be allocated to interest payments, which could displace funding for other crucial areas such as infrastructure, education, or scientific research. It may also generate inflationary pressures if the Federal Reserve prints more money to finance the debt, or conversely, it could increase borrowing costs for government, businesses, and consumers if lenders demand higher interest rates due to perceived risk. While there are ongoing debates about the exact thresholds and consequences, high and sustained levels of national debt raise questions about long-term economic stability and intergenerational equity. Addressing this challenge will likely require a combination of fiscal discipline, economic growth, and potentially tough policy decisions.
#USD
See original
#USNationalDebt
US National Debt: the clock is ticking — the world is watching.
The US national debt has already exceeded $34 trillion — and continues to grow.
What does this mean?
📉 Pressure on the dollar
📈 Risks for the global economy
⚖️ Possible inflation and interest rate increases
But as long as everyone trusts the dollar, the system holds.
The question is, how long?
#USNationalDebt #globaleconomy #DebtCrisis #DollarRisk #MacroEconomics #FiscalPolicy #InflationWatch #FinancialStability #DebtBubble #usd
US National Debt: the clock is ticking — the world is watching.
The US national debt has already exceeded $34 trillion — and continues to grow.
What does this mean?
📉 Pressure on the dollar
📈 Risks for the global economy
⚖️ Possible inflation and interest rate increases
But as long as everyone trusts the dollar, the system holds.
The question is, how long?
#USNationalDebt #globaleconomy #DebtCrisis #DollarRisk #MacroEconomics #FiscalPolicy #InflationWatch #FinancialStability #DebtBubble #usd
Peter Schiff Calls USD Stablecoin 'False' Dollar Token, As GENIUS Act Goes Ahead
As the GENIUS Stablecoin Act advanced through the House, Peter Schiff dismissed USD-pegged assets as "flawed" tokens tied to a falling currency.
Peter Schiff has criticized the USD stablecoin just as the stablecoin bill aka GENIUS Act moves through the House, referring to what he calls 'false' dollar tokens.
Schiff's comments come as US President Donald Trump has asked House members to quickly pass the bill so he can sign it into law immediately.
While many experts believe that USD-pegged stablecoins will promote dollar supremacy, Schiff emphasized that fiat currency itself is losing value.
Peter Schiff advocates Gold Stablecoins over USD Stablecoins.
A day earlier, US President Donald Trump personally endorsed the GENIUS Stablecoin bill, adding that it would "make America the undisputed leader in digital assets." Expressing strong skepticism, these tokens will not fare well when the US dollar itself is losing its value. In his message on the X platform, Schiff wrote:
“I get Bitcoin, but not U.S. dollar stablecoins. If you’re going to introduce a third party custodian, why settle for a token backed by a flawed fiat currency like the dollar, when you can own one backed by gold?”
Peter Schiff added that gold-backed stablecoins offer the same liquidity as USD stablecoins but the added benefit of being a store of value. Schiff highlighted that stablecoins are primarily used for cryptocurrency trading, rather than serving as a tool for broader economic transactions.
Fred Krueger shatters the chef myth.
While Peter Schiff believes that stablecoins will not contribute to broader economic transactions, noted Bitcoin investor Fred Kruger believes that the House's passage of the Genius Act will change the game of how transactions are made.
Kroger noted that in the next 12 months, major e-commerce companies, starting with Amazon, will begin accepting stablecoins. Last week, Shopify announced a partnership with Coinbase and Stripe to facilitate stablecoin payments.
He attributes this change to the regulatory clarity provided by the GENIUS Act, which ensures:
Compliance with AML and KYC requirements.Consumer confidence through safety assurances.Possible incentives and discounts for adoption.Key benefits for cross-border shipping.
Kruger believes the development of a stablecoin will be transformative for the crypto-economy, comparing it to the dot-com boom of 1999.
#stablecoin #PeterSchiff #usd #CryptoNewss #TRUMP
Peter Schiff has criticized the USD stablecoin just as the stablecoin bill aka GENIUS Act moves through the House, referring to what he calls 'false' dollar tokens.
Schiff's comments come as US President Donald Trump has asked House members to quickly pass the bill so he can sign it into law immediately.
While many experts believe that USD-pegged stablecoins will promote dollar supremacy, Schiff emphasized that fiat currency itself is losing value.
Peter Schiff advocates Gold Stablecoins over USD Stablecoins.
A day earlier, US President Donald Trump personally endorsed the GENIUS Stablecoin bill, adding that it would "make America the undisputed leader in digital assets." Expressing strong skepticism, these tokens will not fare well when the US dollar itself is losing its value. In his message on the X platform, Schiff wrote:
“I get Bitcoin, but not U.S. dollar stablecoins. If you’re going to introduce a third party custodian, why settle for a token backed by a flawed fiat currency like the dollar, when you can own one backed by gold?”
Peter Schiff added that gold-backed stablecoins offer the same liquidity as USD stablecoins but the added benefit of being a store of value. Schiff highlighted that stablecoins are primarily used for cryptocurrency trading, rather than serving as a tool for broader economic transactions.
Fred Krueger shatters the chef myth.
While Peter Schiff believes that stablecoins will not contribute to broader economic transactions, noted Bitcoin investor Fred Kruger believes that the House's passage of the Genius Act will change the game of how transactions are made.
Kroger noted that in the next 12 months, major e-commerce companies, starting with Amazon, will begin accepting stablecoins. Last week, Shopify announced a partnership with Coinbase and Stripe to facilitate stablecoin payments.
He attributes this change to the regulatory clarity provided by the GENIUS Act, which ensures:
Compliance with AML and KYC requirements.Consumer confidence through safety assurances.Possible incentives and discounts for adoption.Key benefits for cross-border shipping.
Kruger believes the development of a stablecoin will be transformative for the crypto-economy, comparing it to the dot-com boom of 1999.
#stablecoin #PeterSchiff #usd #CryptoNewss #TRUMP
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Currency pairs are the primary tool in the foreign exchange market and are used to measure the value of one currency against another. A pair consists of a base currency and a quote currency, such as EUR/USD, where the euro represents the value against the US dollar. Pairs are traded in three main categories: major pairs like USD/JPY, minor pairs like EUR/GBP, and exotic pairs like USD/TRY. Traders rely on market analysis to determine price trends, whether through technical or fundamental analysis. The movement of pairs varies based on supply and demand, economic news, and monetary policies. Understanding currency pairs is essential for making profits and reducing risks in the volatile and fast-paced foreign exchange market #EUR #USD
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Currently, I am experiencing moderately positive returns on my cryptocurrency investments. However, I am facing a currency disadvantage due to the recent appreciation of the boliviano against the US dollar in the parallel market (informal exchange rate).
I acquired dollars at an exchange rate of Bs 16.30 per USD 1, while currently, the selling exchange rate has fallen to approximately Bs 15.80 per USD 1. This difference represents a currency loss that practically neutralizes the gains obtained from my crypto investments at the time of converting to local currency.
For the moment, I hold these coins #pepe #usd #spk #alt #bob I have a small amount of money in each coin.
I acquired dollars at an exchange rate of Bs 16.30 per USD 1, while currently, the selling exchange rate has fallen to approximately Bs 15.80 per USD 1. This difference represents a currency loss that practically neutralizes the gains obtained from my crypto investments at the time of converting to local currency.
For the moment, I hold these coins #pepe #usd #spk #alt #bob I have a small amount of money in each coin.
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