Cryptocurrency & Investment - Bitcoin's integration into 401k plans is discussed [1] - The report addresses Bitcoin's current low volatility [1] - Ethereum and stablecoins are being analyzed by Wall Street [1] Technology & Economy - The potential economic impact of AI and GPT-5 is explored [1] - Individual productivity gains are examined for their impact [1] Monetary Policy - The report provides insights into the actions of the Federal Reserve (The Fed) [1]

Market Trend - Stablecoins are becoming mainstream, with transaction volumes rivaling traditional networks [1] - The industry is exploring whether stablecoins represent the future of digital payments [1]

Well, crypto is not a a focus of ours. We think that the um you know, recent legislation around uh stable coins and some of the the progress there, I think that clarity is great for the industry overall, just understanding what the rules of the road are. But to be honest, uh you know, stable coins, it doesn't really affect our business.If you think about the the applications of of stable coins in the medium-term or potentially even longer, it's really more about uh more effective crossber transfers uh more ...

#Stablecoins are key to adoption, but which model will win long-term trust? 💵🔐 ...

Group 1 - Remitly Global, Inc. will present at a webinar and investor conference focusing on stablecoins and cross-border payment outlook [1] - The post-earnings webinar with Goldman Sachs is scheduled for August 13, 2025, at 1 p.m. Eastern Time [1] - The Goldman Sachs Communacopia + Technology Conference will take place on September 10, 2025, at 12:30 p.m. Eastern Time [1] Group 2 - Remitly operates in over 170 countries, providing digital financial services that facilitate cross-border payments [2] - The company aims to enhance its product offerings to fulfill its vision of transforming lives globally [2]

🇨🇳 LATEST: China told local brokers and other groups to stop promoting stablecoins, BBG reports. https://t.co/vAe0lu5yWE ...

Financial Data and Key Metrics Changes - Gross profit for Q2 2025 was $2,500,000,000, up 14% year over year, accelerating from 9% growth in the previous quarter [5] - Adjusted operating income was $550,000,000, up 38% year over year, with the highest quarterly adjusted operating income margin at 22% [5][14] - Full year gross profit guidance raised to $10,170,000,000, representing over 14% year over year growth [17] Business Line Data and Key Metrics Changes - Cash App gross profit growth reaccelerated to 16% year over year in Q2 [6] - Square's year over year gross payment volume (GPV) growth accelerated to 10% in Q2, with gross profit growth of 11% [10] - BNPL (Buy Now Pay Later) gross profit reaccelerated, driven by increasing attach rates for post-purchase BNPL on Cash App Card, which crossed 1,000,000 monthly actives in July [7][32] Market Data and Key Metrics Changes - Peer-to-peer volume reached $218,000,000,000 in the last twelve months [8] - Broad commerce capabilities generated $183,000,000,000 in volume in the last twelve months, growing 16% year over year [8] - International GPV growth accelerated to 25% year over year [11] Company Strategy and Development Direction - The company is focused on increasing product velocity and ramping up go-to-market investments [3] - The strategy is oriented around driving strength in four pillars: peer-to-peer platform, commerce capabilities, banking solutions, and Bitcoin transactions [8] - The company plans to continue expanding Square Financial Services originations and explore deeper engagement strategies [7][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to ship products faster, contributing to overall network growth and customer engagement [22] - The company raised guidance for the second half of the year, expecting continued acceleration in gross profit growth [25][14] - Management highlighted strong early signs of growth from new products and initiatives, particularly in Cash App and Square [68] Other Important Information - The company was added to the S&P 500 this quarter, welcoming new investors [18] - The launch of new products such as Square AI and Cash App features is expected to drive future growth [6][10] Q&A Session Summary Question: Insights on growth conviction and visibility for the second half - Management indicated that product shipping velocity is a key factor, with recent launches contributing to network growth [20][22] Question: Details on Cash Card post-purchase BNPL - Management noted strong early signs of growth, with post-purchase BNPL crossing 1,000,000 active users and significant gross profit acceleration [32][34] Question: Trends in Cash App banking actives - Management reported continued growth in banking actives, with a focus on enhancing customer engagement and banking benefits [41][44] Question: Returns on Square sales efforts - Management highlighted strong growth in new volume added and positive returns on investment from expanded sales efforts [48][50] Question: Gross profit and GPV growth spread - Management explained that near-term dynamics are impacting gross profit, but they expect alignment between gross profit and GPV growth moving forward [54][56] Question: Cash App user growth strategies - Management discussed focusing on network density and innovative marketing campaigns to drive user growth [58][68] Question: Evolution of the Borrow product - Management reported strong performance in Borrow, with significant origination volume and healthy margins [73][77] Question: Observations on new hardware rollout - Management expressed excitement about the Square Handheld and its potential to drive customer acquisition across various commerce types [82][88] Question: Philosophical thoughts on stablecoins - Management stated that they will support stablecoins if they are widely used, emphasizing Bitcoin's unique properties as a currency [92][94]

RT Token Relations 📊 (@Token_Relations).@0xPolygon Labs CEO @0xMarcB is targeting institutional-grade tokenization & RWAs as the market heats up"We're trying to go beyond money market funds and instead look at ones that generate higher yields and are different from stablecoins" https://t.co/oo17IS4OhX ...

Core Insights - Remitly delivered strong Q2 results, exceeding expectations in both revenue and net income, leading to a significant increase in stock price [1][3][7] Financial Performance - Revenue grew by 34% to $411.9 million, surpassing expectations of $384.5 million [3] - Net income reached $6.5 million, a turnaround from a loss of $12.1 million in the same quarter last year, translating to a per-share profit of $0.03 [4] - Adjusted EBITDA increased from $26.2 million to $64 million [4] Customer and Market Growth - The company reported a 40% increase in send volume, totaling $18.5 billion [3] - Quarterly active customers rose by 24% to 8.5 million [3] Future Outlook - The company raised its full-year revenue guidance from $1.57 billion to a range of $1.61 billion to $1.62 billion [6][7] - Expected Q3 revenue is projected to be between $411 million and $413 million, indicating a growth of 22% to 23% [6] - A $200 million share buyback program was announced to help offset share-based compensation [7] Innovations and Strategic Initiatives - Recent innovations include Remitly Business, expanding the addressable market from $2 trillion to $22 trillion, and the upcoming Remitly One membership program [5] - The company is leveraging new technologies such as stablecoins and agentic AI to enhance services and explore new markets [6]

Market Trends & Crypto Adoption - Crypto markets are currently experiencing a bull market [1] - The aperture for buying crypto is widening through various avenues, including treasury companies [2] - Public equity markets are significantly larger than crypto markets, leading to substantial money inflow into crypto assets [3][4] - The potential inclusion of crypto assets in 401ks represents a massive pool of capital for the crypto market [2] Bitcoin & Ethereum Analysis - Bitcoin is viewed as digital gold and a hedge against incessant money printing and bad fiscal policy [6] - Bitcoin's appreciation is expected to continue as long as governments spend more than they earn [6] - Ethereum's story is gaining momentum as a base layer of trust for various projects and industries, potentially becoming a currency itself [7] - Treasury companies are providing public market investors access to Ethereum, including staking yield and lending derivatives [8] Stablecoins & Competition - Stablecoins are primarily used for liquidity in crypto markets and overseas payments [11] - Circle and Tether currently dominate the stablecoin market [12] - Competition in the stablecoin market is expected to increase as major players like JP Morgan and PayPal enter the space [12] - Coinbase owns roughly 50% of Circle's USDC revenue flow [13]