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vishal4c
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Crypto treasury strategy? More like corporations taking out leveraged loans to buy bitcorn at its all-time high
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Kinda interesting that the GENIUS bill leaves out stablecoins that pay yield — those don’t count as “payment stablecoins.” Instead, yield-paying stables will be treated as securities under SEC rules, as they won’t fall under the GENIUS Act’s setup
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In the not-so-distant future, companies might start launching stablecoins on their own databases — and people will wonder how that's any different from Venmo or PayPal
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In the not-so-distant future, firms might start launching stablecoins on their own databases — and people will wonder how that's any different from Venmo or PayPal
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Many think @PlasmaFDN raised $500M in a public sale — that’s not accurate. Here's the actual details The $500M refers to the stablecoin deposit cap. Depositors get proportional rights to join the sale. This was raised to $1B yesterday. The actual public sale hasn’t happened yet. The raise will target $50M at a $500M FDV. More details here via
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It’s weird to see @vegaprotocol’s native token plummet from a peak of over $20 to now trading at around $0.001. I recall when promoters hyped it up as the next big derivatives protocol. Now its market cap has crashed to around $80,000. The developers have also moved on
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