My writings about stablecoins & payments Visa for Stablecoins: https://t.co/QZdr7lBtGC Cyprus & Crypto: Tron's Network Effect https://t.co/NXdfedzrIg Why Asset Managers Still Buy T-Bills: https://t.co/Uve1jSjCQr Designing the Ultimate Stablecoin Card: https://t.co/w473TZsINS

1/ We're proud to partner with @nuconstruct, to accelerate & open up the Ethereum MEV market. They are building TOOL – permissionless TEE network protocol, enabling: ▶ Collaborative searching for traders; ▶ 1-second preconfirmations for dApps & users. https://t.co/nQXnl6Jqws

XO Market Mainnet Beta is live! β We’re shipping our biggest upgrade yet - User-generated prediction markets. - USDC deposits - Multi-outcome markets - Refreshed UI/UX - 2 CP for every 1 USDC traded - 1 CP for every 1 USDC deposited - 0% protocol fees

@sytaylor Interesting that we independently had similar ideas. I also posted my idea for creating an onchain secured credit card here: This is inevitable, and we’re super excited about the future!

These are tokenized onchain hedge funds, not stablecoins.

https://t.co/TCQUjYel6c

I’m excited to support the @sprinter_ux team with a small angel investment (small, but meaningful 🙂). They’re building a credit layer for solvers, which I believe is the missing piece for intent-based protocols to go mainstream. read my thesis: 👇🏻

cc @colinarms

Can you guys please solve this shit @viamirror ? It has been months and your systems are still not stable. If you guys stopped your support for your products, just announce it. Dont rug your users.

𝐂𝐲𝐛𝐞𝐫𝐞𝐜𝐨𝐧𝐨𝐦𝐲 – 𝐰𝐡𝐞𝐫𝐞 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 𝐚𝐫𝐞 𝐬𝐮𝐩𝐞𝐫𝐜𝐡𝐚𝐫𝐠𝐞𝐝 & 𝐢𝐧𝐬𝐭𝐫𝐮𝐦𝐞𝐧𝐭𝐞𝐝 𝐛𝐲 𝐀𝐈 Very excited to share this talk, about @cyberFund_’s core thesis, and how AI fits into that. At @cyberFund_, we have been long guided by the following broad

9 / Historically, almost all ecosystems have spent their token incentives on projects that don’t generate real revenue for the platform. But I feel the Mega team has a genuine chance to change this. I hope they succeed, because it would be a net positive for our industry

8/ Imagine they reach a $10B supply for mUSD. That alone could generate around $400M in revenue from their stablecoin. And if you compare that revenue to their valuation, it becomes clear why everyone is so hyped about their potential.

7/ Given that there was $1.4B in demand for their ICO, they can easily design an incentive mechanism where users earn via Mega incentives, while chain earns from both blockspace and the stablecoin supply on their network. Mega will function as banks: more AUM -> more revenue.

6/ If they did, it could add $6–7B in revenue for Ethereum. But MegaETH is different. MegaETH has partnered with Ethena to launch an ecosystem-aligned stablecoin. They’ll earn yield from the mUSD sitting on the L2 -> generate extra revenue -> use for buybacks -> more incentives

5/ Currently, stablecoin issuers generate billions of dollars in revenue, and almost none of that is shared with the chains they operate on. For example, there are around $170B worth of stablecoins on Ethereum, yet none of them contribute to Ethereum’s revenue.

4/ Those alternative L1s need to pay for their own security, provide incentives to keep their ecosystems active, and hire large engineering teams to build new features on their chains. These expenses cost those chains billions of dollars. MegaETH is different.

3/ Some chains generate revenue through their own platforms (like Hyperliquid), but there are only a few examples of this. So, their business models generally rely on either selling blockspace or monetizing their products. However, the cost of maintaining a chain is high.

2/ First of all, we need to understand how chains generate revenue and where they spend it. Historically, the only way for chains to make money was by selling blockspace. For example, Ethereum has already made billions of dollars from selling blockspace and continues to do so.

1/ Why @megaeth 's economics will be much better other L1, and even L2s? A short thread on MegaETH economics: 🧵

Markets are volatile and the narrative of crypto twitter is toxic - but real builders will win. If you’re shipping real innovation (not another memecoin shit casino), DM me or apply to cyber•Fund( https://t.co/rzkjv5UKqM). We’re actively investing and building. Market +

There has never been a better time build on Stablecoins and Yield.