Stabolut pfp

Stabolut

@stabolut

790 Following
1307 Followers
Stabolut pfp
Stabolut
@stabolut
FCA on Stablecoins 🇬🇧 (DP24/4): - Reserves: Backed 1:1 with clear fiat holdings, audited regularly to prevent risks. - Redemption: Users must redeem stablecoins on-demand with minimal delays. ⏱️ - Segregation: Reserve assets must be separate from issuer funds, ensuring user protection. 🛡️ - Transparency: Regular disclosures on reserves and audits to build trust. The FCA aims to make fiat-backed stablecoins as stable as TradFi. Will this fuel wider adoption? 🚀
0 reply
0 recast
1 reaction
Stabolut pfp
Stabolut
@stabolut
Gm Taipei! 🇹🇼 #TBW2024
0 reply
0 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
We are ready for TBW2024 this week. Looking forward to seeing you all!
0 reply
0 recast
1 reaction
Stabolut pfp
Stabolut
@stabolut
🚨 Game-changer Alert! @dtcpay just shook the payments world: by 2025, it's going 100% stablecoins-only. 🔥 But that’s not all—dtcpay’s Visa partnership is redefining global transactions. Real-time stablecoin-to-fiat conversions, 130M+ merchants, and borderless payment solutions. 🌍💳 This isn’t just an evolution—it’s a revolution. Are you on board? 🚀
0 reply
0 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
AND STILL!😏
0 reply
0 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
The future of DeFi deserves a solid foundation.
0 reply
0 recast
0 reaction
Eneko Knorr pfp
Eneko Knorr
@enekoknorr
Ready for Emergence Conference by @theblock in Prague this week Cc @stabolut
0 reply
1 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
Our ceo @enekoknorr is Ready for @Emergence_Conf by @theblock in Prague this week!
0 reply
0 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
Stablecoin trading volume hit $1.81T on CEXs in November, a 🔥 77.5% surge MoM
0 reply
0 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
Transparency is key to stablecoin trust.
0 reply
0 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
The Quiet Revolution.
0 reply
0 recast
1 reaction
Stabolut pfp
Stabolut
@stabolut
💶🚀 Schuman Financial A new cryptocurrency firm led by former Binance execs Martin Bruncko and Eduardo Morrison, has launched a euro-backed stablecoin, EURØP. 🌍💰 💡 What is EURØP? Fully backed, 1:1 euro-pegged stablecoin. Use cases: 💳 Digital payments, 🌐 on-chain forex, 🏗 tokenized assets. Initially on Ethereum & Polygon, expanding to major European crypto exchanges soon. 🔗 ⚠️ Global but Restricted EURØP targets global users but blocks 107 “high-risk” jurisdictions 🌍❌ like Iran, North Korea, and Turkey, per FATF & EU evaluations. 📜 Regulated and Compliant Compliance with MiCA was achieved via its French subsidiary Salvus SAS, holding an e-money token license. 🇫🇷✅ 🏦 Building a Regulated Ecosystem Integrated with SEPA and partnered with global banks like Société G
0 reply
0 recast
1 reaction
Stabolut pfp
Stabolut
@stabolut
Decentralization isn't just a buzzword—it's the foundation of trust in the crypto economy. 🪢
0 reply
0 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
🔒 Stability. 🌍 Transparency. 🔗 Connectivity.
0 reply
0 recast
1 reaction
Stabolut pfp
Stabolut
@stabolut
Ethereum solidifies its position as the leader in stablecoin liquidity, holding 52.59% of the market share. 🔥 🔹 USDT: With over $129 billion in supply and a daily turnover of 114%, Tether dominates as a critical tool for liquidity and transfers, particularly on major exchanges like Binance. 🔹 USDC: Ethereum hosts over $27 billion in USDC across 2.4 million holders, cementing its role as a cornerstone of the stablecoin ecosystem. This stablecoin dominance fuels Ethereum's DeFi sector, which boasts more than $59 billion locked in protocols. Despite competition from TRON and Solana, Ethereum remains the preferred network for stablecoins like USDT and USDC. 🚀
0 reply
0 recast
2 reactions
Stabolut pfp
Stabolut
@stabolut
🚀 Big news! @yellowcard_app secures CASP license from South Africa's FSCA, paving the way for expanded crypto services. 🌍💱 With $3B+ in transactions, 20-country presence, & fresh $33M funding, Yellow Card is scaling stablecoin rails & B2B APIs.
0 reply
0 recast
2 reactions
Stabolut pfp
Stabolut
@stabolut
What role do you think stablecoins will play in the global economy? Join the conversation below! 👇
0 reply
0 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
Stablecoins vs. CBDCs Both Ryan and Toomey expressed skepticism toward CBDCs due to privacy concerns, advocating instead for stablecoins as a private-sector solution aligned with free-market principles.
0 reply
0 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
Paul Ryan’s Perspective: "Stablecoins could act as a 'soft power' tool, creating fresh demand for treasuries and helping mitigate future recessions." Ryan warned about efforts by BRICS nations to bypass the dollar, emphasizing the urgency of stablecoin legislation to protect the dollar's global role: "The dollar is being challenged, and that matters not just to America, but to freedom-loving people everywhere."
0 reply
0 recast
0 reaction
Stabolut pfp
Stabolut
@stabolut
Former Senator Pat Toomey emphasized the transformative role of stablecoins at the NABS24 , stating, “I think stablecoins would significantly enhance the status of the dollar as the world’s reserve currency and the leading medium of exchange for a couple of reasons.” He highlighted two key advantages: - Technology Edge: Stablecoins allow the dollar to leverage blockchain technology, which cash cannot do. - Treasury Demand: Stablecoins could drive a whole new category of demand for U.S. Treasury securities, strengthening the dollar's global dominance. Toomey also called for a well-defined regulatory framework to support these developments and promote blockchain-driven innovation.
0 reply
0 recast
2 reactions