Market Trends & Regulatory Environment - Bitcoin experienced volatility, erasing weekly gains after reaching a record high [1] - The US regulatory environment is becoming more favorable for crypto [3] - Stablecoins are booming, with over half of the total stablecoins on the Ethereum network, exceeding all other chains combined [3] - Institutional investment is increasing in Bitcoin and ETH, primarily from the US, with potential for significant growth from Japan and Korea due to regulatory changes [4][5] Ethereum Treasury Companies - The industry sees an opportunity in creating digital asset treasury companies beyond Bitcoin, specifically for Ethereum [8] - Bitmain and Sharp Link are accumulating Ethereum using financial engineering tools and DeFi to generate yield [12] - The industry anticipates the emergence of multiple large accumulation companies or digital asset treasuries for major crypto assets [11] - While Ethereum treasuries can drive Ether's price, the stablecoin boom and tokenized real-world assets also play a significant role [13][15]

According to Reuters, Citigroup is considering offering custody and payment services for stablecoins and crypto ETFs. Its first focus is providing custody for high-quality assets backing stablecoins, while also exploring custody of digital assets supporting products such as bitcoin spot ETFs. Citi is additionally developing services to use stablecoins to enhance cross-border payments and enable instant settlement. https://t.co/Z63Sv1efy5 ...

Market Trends & Potential Risks - The market speculates on the possibility of interest rates returning to 0% [1] - The market questions the profitability of stablecoins in a 0% interest rate environment [1]

US Treasury Sec. Bessent be like ...Come see me at @WebX_Asia on Aug 25, where I discuss how stablecoins will spread digital $ to the global south whether they like it or not, and why $ENA $ETHFI $HYPE will moon as a result. https://t.co/uLaC2UEds0 ...

You can now send invoices and get paid in stablecoins with @allscaleio, live on BNB Chain 🤩Note: This post is for informational purposes only and not financial advice. DYOR.https://t.co/wGRKeCSiitAllScale (@allscaleio):🚀 𝗔𝗹𝗹𝗦𝗰𝗮𝗹𝗲 𝗝𝗼𝗶𝗻𝘀 𝗕𝗡𝗕 𝗖𝗵𝗮𝗶𝗻 𝗳𝗼𝗿 𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝗔𝗱𝗼𝗽𝘁𝗶𝗼𝗻Excited to announce AllScale is now live on @BNBCHAIN! This partnership brings us closer to empowering global micro businesses with compliant, fast, and cost-efficient https://t.co/9Li7ixt0rf ...

Stablecoin Market Overview - The stablecoin market capitalization is approximately $260 billion [1] - Roughly 88% ($230 billion) of all stablecoins reside on Ethereum and Tron [1]

Stablecoin Market Overview - The stablecoin market is valued at approximately $260 billion [1] - Roughly $230 billion, representing about 88%, of the stablecoin supply resides on Ethereum and Tron blockchains [1]

Cryptocurrency Market - Ethereum (ETH) price surpasses $4.6k, reaching an all-time high (ATH), driven by ETF inflows [1] - SharpLink acquires 5,226 ETH, resulting in total assets of $2.69 billion [1] Regulatory & Innovation - The GENIUS Act potentially paves the way for Bank of America and Amazon to launch stablecoins [1] Other - Mentions of "SmartDelivery" [1]

Stablecoin Future - The stablecoin endgame will involve overcollateralized CDPs like Maker/Sky [1] - These systems will feature broad token ownership and permissionless usage [1] Decentralized Economic Bandwidth - The industry needs significantly more decentralized economic bandwidth in the form of ETH and BTC [1] - This requires ETH and BTC to reach much higher prices [1] Company Strategy - The company is currently focused on increasing the value of ETH and BTC [1] - Following that, the company will concentrate on developing the aforementioned stablecoin systems [1]

The stable end game for stablecoins will be systems like Maker/Sky with overcollateralized CDPs. These systems will have broad token ownership and permissionless usage.But we need a huge amount more decentralized economic bandwidth in the form of ETH and BTC at much much higher prices.We are working on the latter. Then we will work on the former.Jameson Lopp (@lopp):The final phase of stablecoins will be dropping the blockchain altogether.https://t.co/azlS7v36iq ...