RT Token Terminal 📊 (@tokenterminal)💵🌱 @AdamDraper's @BoostVC backed @coinbase already in 2012.Thirteen years later, the company has co-created the 2nd biggest stablecoin in $USDC, is disrupting itself via @base, and is valued at over $100B. https://t.co/3PgrmAcfSZ ...

Legislation & Regulation - The House is expected to pass three major pieces of legislation related to crypto, including the Genius Act which has already passed the Senate, aiming to further the dollar's dominance [2][3] - The legislation seeks to provide regulatory clarity for Web3, protect consumers, and enable the US to compete with other countries, especially China [3] - A key focus is preventing the development and imposition of a central bank digital currency on the American people [3] - The industry believes current regulation is poor and designed for a previous era, advocating for new regulation tailored for Web3 to encourage its development in the US [6][7] - The Genius Act aims to regulate stablecoins, adding transparency through audits and ensuring governance under US laws, which the industry believes will reduce financial risks [11] Market & Industry Dynamics - The US benefited from large tech companies being domiciled within its borders during the Web2 era [5] - The US aims to win the Web3 race through a regulatory framework that protects consumers and fosters leadership in the crypto space [3][14][15] - Concerns exist regarding potential conflicts of interest related to crypto investments among individuals in Washington [13] - Donald Trump's net worth has seen changes with licensing deals and crypto ventures adding at least $620 million to his fortune [16] - Stablecoins are already significant purchasers of U S Treasuries, and the regulatory framework aims to manage associated risks [9][11]

Native @USDC will connect $62B+ in cross-chain liquidity to Sei, just as the ecosystem is scaling:📈 $650M+ TVL ↑188% YTD📈 Stablecoin TVL ↑100%+ YTD📈 200+ live appsSoon, the world's largest regulated stablecoin connects to the fastest chain.Markets Move Faster on Sei. https://t.co/mTS91xyY4Z ...

Financial Data and Key Metrics Changes - The company reported a net income of $4 billion and earnings per share of $1.96, with a return on tangible common equity (ROTCE) of 8.7% [4][19] - Revenues increased by 8% year-over-year, driven by growth across all business lines, with total revenues reaching $21.7 billion [4][19] - Net interest income excluding markets rose by 7%, while non-interest revenues, excluding markets, increased by 1% [20] Business Line Data and Key Metrics Changes - Services revenue grew by 8%, with a ROTCE of 23% for the quarter, driven by robust growth in loans and deposits [5][30] - Markets revenues increased by 16%, with fixed income revenues up 20% and equities revenues up 6% [6][31] - Investment banking fees rose by 13%, with M&A activity up 52% and equity capital markets (ECM) up 25% [33] - Wealth management revenues surged by 20%, with a pretax margin of 29% [35] - U.S. Personal Banking (USPB) revenues increased by 6%, driven by branded cards and retail banking [37] Market Data and Key Metrics Changes - The company experienced strong client activity in both fixed income and equities, with significant growth in prime services and derivatives [6][31] - The average loans increased by 3% across the firm, with a diversified deposit base also growing by 3% [25] Company Strategy and Development Direction - The company is focused on executing its strategy with discipline, improving performance and returns across its businesses while advancing their strategic positions [5][12] - Investments in digital assets and stablecoin infrastructure are being prioritized to enhance competitiveness and client offerings [13][86] - The company aims to achieve a ROTCE target of 10% to 11% next year, viewing it as a waypoint rather than a destination [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the U.S. economy, driven by strong consumer activity and entrepreneurial spirit [15] - The company anticipates some macroeconomic uncertainties but remains optimistic about its trajectory and ability to deliver for clients [16] - The outlook for the full year has been adjusted to expect revenues around $84 billion, with net interest income excluding markets projected to rise closer to 4% [40] Other Important Information - The company returned over $3 billion in capital to shareholders, including $2 billion in share repurchases [9][10] - The CET1 capital ratio stood at 13.5%, significantly above regulatory requirements, with plans for continued share repurchases [10][27] Q&A Session Summary Question: Long-term return profile beyond 2026 - Management refrained from providing specific targets for 2027 but expressed confidence in the firm's strategy and performance across its business lines [45][46] Question: Revenue forecast for the second half of the year - Management acknowledged the seasonality in the second half and indicated that the forecast includes expected market softness [60][64] Question: Capital management and regulatory reforms - Management discussed the binding constraint of standardized CET1 and the ongoing assessment of capital buffers in light of regulatory changes [68][70] Question: Transformation costs and consent order - Management indicated that transformation costs are expected to increase in 2025 but will trend down in 2026, with ongoing efforts to improve operational efficiency [90][94]

💵🌱 @AdamDraper's @BoostVC backed @coinbase already in 2012.Thirteen years later, the company has co-created the 2nd biggest stablecoin in $USDC, is disrupting itself via @base, and is valued at over $100B. https://t.co/3PgrmAcfSZ ...

Financial Data and Key Metrics Changes - The firm reported net income of $15 billion, EPS of $5.24, and revenue of $45.7 billion, reflecting a year-on-year revenue decline of 10% or $5.3 billion [3][4] - The CET1 ratio decreased by 40 basis points to 15%, primarily due to capital distributions and higher risk-weighted assets (RWA) [5] Business Line Data and Key Metrics Changes - Consumer and Community Banking (CCB) reported net income of $5.2 billion on revenue of $18.8 billion, up 6% year-on-year, with wealth management revenue driving growth [6] - Commercial and Investment Bank (CIB) net income was $6.7 billion on revenue of $19.5 billion, up 9% year-on-year, with advisory fees increasing by 8% and debt underwriting fees up 12% [8][10] - Asset and Wealth Management (AWM) reported net income of $1.5 billion with revenue of $5.8 billion, up 10% year-on-year, driven by management fees and strong net inflows [13] Market Data and Key Metrics Changes - Average client deposits increased by 16% year-on-year and 5% sequentially, reflecting increased activity across payments and securities services [12] - Credit costs were $696 million, driven by builds in the commercial and industrial portfolio, including new lending activity [12] Company Strategy and Development Direction - The company is focused on organic and inorganic growth, with a sustainable dividend policy and potential for buybacks, while also considering acquisitions carefully [22][23] - Management emphasized the importance of simplifying the regulatory environment to enhance lending and market competitiveness [25][26] Management's Comments on Operating Environment and Future Outlook - Management noted that while the environment remains dynamic, there is optimism regarding financial deregulation and its potential benefits for the bank [21][24] - The outlook for net interest income (NII) is approximately $92 billion, driven by strong deposit growth and changes in the forward curve [15][16] Other Important Information - The firm completed the Comprehensive Capital Analysis and Review (CCAR), with an indicative stress capital buffer (SCB) lowered to 2.5% effective in Q4 2025 [5] - Long-term net inflows for AWM were $31 billion for the quarter, led by fixed income and equities [13] Q&A Session Summary Question: Optimism on financial deregulation - Management acknowledged the optimism regarding financial deregulation and discussed the potential uses of excess capital, including organic and inorganic growth opportunities [21][22] Question: Regulatory simplification - Management emphasized the need for regulators to simplify the system to enhance liquidity and lending capabilities, highlighting the complexities of existing regulations [25][26] Question: Drivers of wholesale lending - Management indicated that wholesale lending activity was driven by various factors, including private credit and M&A financing [37] Question: Impact of stablecoins - Management discussed their involvement in stablecoins and deposit tokens, emphasizing the need to understand and leverage these technologies [39][40] Question: Credit quality outlook - Management expressed confidence in the health of consumer credit quality, noting that while there are some signs of stress in lower income bands, overall delinquency rates remain in line with expectations [63][64] Question: Commercial loan growth - Management noted stronger commercial loan growth driven by relationship lending and increased deal activity in the second half of the quarter [80] Question: Regulatory impact on lending - Management discussed how regulatory changes could facilitate more lending and liquidity in the banking system, while also addressing the costs associated with making loans [82][85]

🔥 RESEARCH: TRON is strengthening its position as a stablecoin powerhouse.It now hosts over half of all $USDT, processing $600B+ in monthly volume.The network ranks second in daily users and transactions, and recorded ATH revenue—thanks to the upgrades, integrations, and gasless transfers.H1 2025 was a strong period for TRON, with key metrics trending upward across the board.Can TRON sustain this growth through the rest of the year?[Research Marketing] ...

Core Viewpoint - City View Green Holdings Inc. is set to acquire up to a 20% interest in Arkenyield, a digital asset yield platform, for a total investment of $575,000, reflecting its strategy to expand in the digital finance sector, particularly in stablecoins [1][2][10] Group 1: Acquisition Details - The acquisition will involve purchasing up to 20% of Arkenyield's issued and outstanding securities for $575,000, which will be paid through a mix of common shares and a convertible debenture [2][9] - The convertible debenture will have a five-year term and can be converted into common shares at a price of $0.05 per share [9] - The transaction is contingent upon City View completing its proposed change of business (COB) and fulfilling customary closing conditions, including due diligence [3][4] Group 2: Strategic Shift - City View is transitioning from a "cannabis issuer" to an "investment issuer," which is classified as a fundamental change under Canadian Securities Exchange (CSE) policy [2] - This strategic shift will require CSE and shareholder approval before the transaction can be finalized [11] Group 3: Arkenyield Overview - Arkenyield is a digital asset yield platform that focuses on generating returns from stablecoins, utilizing proprietary Concentrated Liquidity Market-Making (CLMM) strategies [7][10] - The platform aims to meet the growing institutional demand for stablecoin yield infrastructure, recognizing stablecoins as essential to global financial systems [7][10] Group 4: Future Plans - City View is considering integrating cryptocurrency into its treasury management, potentially allocating capital to digital assets, including stablecoins, to enhance stability and liquidity [5] - The company plans to engage Arkenyield for specialized treasury management services to navigate the digital asset landscape [5]

Core Viewpoint - PayPal's stock has significantly declined from its all-time high, but under new CEO Alex Chriss, the company is aiming to reignite growth and improve its valuation through various strategic initiatives [2][4][16] Company Performance - PayPal's stock is currently 76% below its peak price of $310, trading between $50 and $95 in recent years, and is now valued at a price-to-sales ratio of 2.39 and a price-to-earnings ratio of 16.7 [2][4] - The company experienced rapid growth during the pandemic, adding customers quickly, but failed to meet investor expectations, leading to a significant stock decline [3][4] - In the last year, PayPal's revenue increased by 7% to $31.7 billion, and diluted earnings per share rose by approximately 4% to $3.99 [7] Strategic Initiatives - Under CEO Alex Chriss, PayPal is transitioning from a payments-focused company to a comprehensive commerce platform, emphasizing an upgraded online checkout system called Fastlane, which reduces checkout times by 32% [8] - The company is integrating its stablecoin, PayPal USD (PYUSD), into more products to facilitate faster and cheaper payments, particularly in cross-border transactions [11][14] Market Position and Opportunities - PayPal holds a strong market position with a 71% penetration rate in the U.S. digital payment app market, and 85% of digital payment app users reported using PayPal [6][7] - The recent bipartisan GENIUS Act in the U.S. provides a regulatory framework for stablecoins, which could benefit PayPal's initiatives in this area [9][12] Future Growth Projections - Management has guided for a gross profit growth of 5% and adjusted EPS growth of around 8% for the current year, with long-term aspirations for a "low teens-plus" EPS increase by 2027 and over 20% EPS growth in the longer term [15][16]

Market Trends & Price Predictions - Bitcoin broke through the $110,000 range, entering a price discovery phase, with potential targets of $130,000, $140,000, $150,000, and even $160,000 by year-end [1][7][8] - Experts predict Bitcoin's price will increase significantly by August and September, with some analysts suggesting a potential rise to $130,000+ [2][3] - A short-term model breakout suggests a potential 20% rally, bringing Bitcoin to $133,000 [4] Institutional Investment & Supply Dynamics - Bitcoin ETFs have accumulated $15 billion in investments over the past 6-8 weeks, indicating strong institutional interest [5] - Only three crypto exchanges have more than 150,000 BTC left, signaling a potential supply crunch and increased demand [5] - BlackRock's Bitcoin ETF has grown to become one of the top 20 largest ETFs globally, holding almost $90 billion in about a year [23] Regulatory Landscape & Market Structure - The US House of Representatives is considering three major crypto bills, including stablecoin oversight, market infrastructure definition, and an anti-CBDC bill [9][10][15][16] - These bills aim to provide clarity, close regulatory gaps, and establish the US as a crypto capital, potentially benefiting Bitcoin [12][13] - US regulators have reaffirmed that banks can offer crypto custody services, potentially allowing traditional finance to hold Bitcoin [26] Bullish Catalysts & Market Sentiment - Record inflows into Bitcoin ETFs, the expiration of options, and the blowing out of short sellers are driving the current market momentum [23][24][25] - Some analysts believe that Bitcoin and crypto represent the greatest show on Wall Street, advocating for a bullish stance [21][22] - The passage of a stablecoin bill could drive up infrastructure providers like Robinhood and Coinbase, and potentially lead to Walmart and Amazon entering the stablecoin business [29][30]