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$3.49B USDC on Hyperliquid Hyperliquid.
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Over a week since $VIRTUAL staking launched. About 24M $VIRTUAL staked (~$46M value) across 13k addresses. What will the staking metrics look like for other Genesis Tokens? Coming soon ๐ @virtuals_io @Dune
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Stablecoins seem to be following these general paths: - Fiat-backed stablecoins (securing revenue based on US Treasury bonds) - Crypto-backed stablecoins (DeFi native yields and tokens) - On/Off Ramps - Geographic expansion: regions with USD demand but lacking financial infrastructure (Latin America, Africa, etc.) - Stablecoin payment APIs/SDKs - Yield-bearing stablecoins & Token Incentives as GTM strategies - UX enhancement apps / virtual & physical cards / mobile payment integration (regional licensing is crucial) - Stablecoin-specific chains The more I research, the more confident I am that Stablecoin x Payment is indeed the core industry that can achieve mass adoption in this space.
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AIFi @gaib_ai has opened its stablecoin deposit (AID). The first cap was $5M and it filled up almost immediately after opening. What's interesting is that 70% was filled by just two accounts, with depositing $2M and $1.5M each from the USDT/USDC pools respectively. AI SZN?
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There has been a huge amount of $USDC deposits in @HyperliquidX PerpDEX over the past 5 days, reaching an ATH. ($2.8B) Additionally, HyperEVM eco has been showing remarkable upward growth. (TVL $1.2B)๐ Hyperliquid.
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