JUST IN: 🇧🇷 Brazil’s Nubank hires former Coinbase product director Michael Rihani as its new Director of Crypto.Rihani previously worked on integrating Bitcoin payments at Tesla.Nubank serves over 123 MILLION customers. 🟧 https://t.co/6HD6h2TRya ...

Stablechains won’t be won on lower fees, but on distribution.With Stripe’s users, recent acquisitions (Privy, Bridge), and partners (Visa, Shopify, Nubank, OpenAI, more), @tempo has a clear edge.Can it scale beyond Stripe rails?Enterprise now 50% off! Latest research👇Kaleb (@Kaleb0x):The stablechain space is facing increasing competition, but- Stripe’s Current Users,- Acquisitions (Privy & Bridge) +- Partners (Visa, Shopify, Nubank, OpenAI, and more)give @tempo a unique distribution advantage that primes it ...

Cryptocurrency Market Trends - Grayscale Digital Large Cap Fund (持有 $BTC, $ETH, $XRP, $SOL, $ADA) 将于明日开始交易 [1] - JPMorgan 指出，由于 Tether、Hyperliquid 和金融科技公司准备推出新的符合美国标准的稳定币，Circle 面临“激烈”竞争 [2] - 首个 Dogecoin 和 XRP 的美国现货 ETF 已经上线并开始交易 [2] - Plasma 将于 9 月 25 日推出其主网 beta 版和原生代币 XPL，首日网络上将有 20 亿美元的稳定币激活 [2] Stablecoin and Payment Integration - PayPal 的 PYUSD 通过 LayerZero 的 Stargate Hydra 扩展到 Abstract、Aptos、Avalanche、Ink、Sei、Stable 和 Tron [1] - Nubank 据报道正在测试将其“数字美元”与信用卡集成 [2] Regulatory and Leadership Changes - 白宫正在考虑其他 CFTC 主席候选人，因为 Brian Quintenz 的提名停滞不前，潜在人选包括专注于加密货币的政府官员 [1] Token Performance and Exchange Activity - SBF 的 X 账户显示出异常活动，大量关注他人，FTT 代币在过去一小时内上涨 22.5%，突破 1 美元 [3] - CZ 感谢社区，$BNB 达到 1,000 美元，从八年前的 0.10 美元 ICO 价格上涨了 10,000 倍 [3] Company Initiatives - Brera Holdings 将更名为 Solmate，并在阿联酋启动一个 3 亿美元的 $SOL 国库项目 [3]

RT Patrick Collison (@patrickc)Introducing @Tempo.At Stripe, we care about high-throughput, low-latency payments use cases. As the use of stablecoins (and crypto more broadly) grows across Stripe, Bridge, and Privy, we found that existing blockchains are not optimized for them.For example, it's valuable for real-world financial applications that fees be denominated in a fiat currency that makes sense to the user, but existing blockchains denominate their fees in blockchain-specific tokens. Batch transfers a ...

Market Valuation & Investment - Databricks' valuation reaching $100 billion is discussed, questioning whether it's a bubble or justified growth [1] - The discussion includes whether Databricks is undervalued at 25x revenue [1] - The potential for Andreessen's investment in Databricks to yield returns of $30 billion or more is analyzed [1] Financial Performance & Fintech - Nubank's $2.5 billion profit is highlighted, positioning it as a leading FinTech company [1] - CoreWeave's $11 billion debt acquisition is examined, questioning its viability as a smart investment or a high-risk venture [1] Emerging Trends & Risks - The potential return of Chamath's SPACs is viewed as a possible indicator of a market bubble [1] - A founder raising $130 million and then stepping away raises questions about changing norms [1] - The discussion explores whether AI spending will reach trillions or if it's overhyped [1] Venture Capital & Secondary Markets - The ethics of OpenAI staff potentially cashing out billions in secondary shares is debated [1]

How long until we see onchain products from @RevolutApp & @nubank? And where will they build? https://t.co/jOrLpvw9tP ...

Nubank Stock Surges As Second Quarter Earnings Exceed Expectations https://t.co/9sXUFf9snw ...

Core Insights - Nubank reported second quarter revenue of $3.7 billion, a 40% increase year-over-year, and net profit rose 42% to $637 million, exceeding analysts' expectations [1] - The company's share price surged 10% to over $13.00, raising its market value to nearly $64 billion [1] Revenue and Customer Metrics - Monthly average revenue per customer increased to $12.20, surpassing the forecast of $12.00, indicating improved monetization of existing customers [2] - Nubank attracted 4.1 million new customers in the second quarter, bringing the total user base to 122.7 million, with the fastest growth in Mexico, where credit card customers rose 52% to 6.6 million [5] Loan Performance and Delinquencies - Short-term loan delinquencies decreased by 0.3%, while long-term delinquencies rose by 0.1% to 6.6%, attributed to seasonality and previous spikes [3] - Despite concerns over declining credit quality in Brazil, Nubank's delinquency results were better than central bank data suggested, contributing to the stock's rise [4] International Expansion Plans - Nubank is preparing for international market expansion, having made several key hires, including a new chief technology officer and global head of public policy [6] - The company is extending recruitment efforts beyond Latin America to attract global talent [6] - Analysts note that the evolving international narrative is a significant factor in Nubank's growth potential [7]

RT Bloomberg em Português (@BBGEmPortugues)Bolsas sobem na Europa e petróleo recua à espera de cúpula entre Donald Trump e Vladimir Putin no Alasca. Lucro do Banco do Brasil despenca e Nubank dispara no pré-mercado após resultados. Se inscreva para receber o conteúdo gratuito da nossa newsletter https://t.co/WS5gkMB7bL ...

Core Viewpoint - The article discusses the evolution of globalization led by Chinese enterprises, emphasizing the shift from traditional globalization to a new model driven by digital infrastructure and local adaptation [1][11]. Group 1: Globalization Trends - The previous phase of globalization was characterized by large multinational corporations and outsourcing, while the current phase sees Chinese companies operating in a global environment from inception, focusing on local market needs and ESG considerations [1][11]. - Emerging markets have seen a significant increase in their share of global imports, rising to approximately 35% from 2000 to 2023, which is comparable to G7 countries, highlighting their importance in China's export strategy [2][5]. Group 2: Technological Advancements - China has made significant breakthroughs in various fields, including AI and electric vehicles, allowing companies to globally distribute their supply chains while maintaining control over intellectual property and core technologies [3][11]. - The transition from a network economy to an intelligent economy has led to substantial productivity gains and a transformation in the value system of businesses, with AI technologies playing a crucial role [7][8]. Group 3: Investment Landscape - The capital market is witnessing a surge in interest from international investors in Chinese brands, as evidenced by the successful listings and market performance of companies like Luckin Coffee and Moutai [10]. - In the venture capital space, approximately 37% of US venture capital funding is directed towards AI, amounting to $200 billion, while China invests around 2,000 billion RMB, supported by government initiatives [10][11]. Group 4: Future Outlook - The article suggests that the mutual benefits of trade between developed and developing countries will persist, and that Chinese enterprises have substantial growth potential through overseas direct investment (ODI) and localized production [5][11]. - Further financial policy support, such as facilitating ODI investments and enhancing the internationalization of the RMB, could significantly benefit Chinese enterprises in their global expansion efforts [11][12].