We've entered the golden age of crypto building where we finally have the tools and now it's about entrepreneurs coming in and saying how do we use these tools to make 10x impact for businesses or to build new consumer experiences that were previously completely impossible. And the moment is now to break through because we've done the infrastructure work, the tools are in place, the stable coins, the chain, and now it's about putting it together into that magical experience that grows like wildfire across t ...

Core Viewpoint - JPMorgan CEO Jamie Dimon expressed concerns that persistent inflation may hinder further Federal Reserve rate cuts, contradicting market expectations for aggressive monetary easing through 2025 [1][5]. Economic Pressures - Dimon highlighted multiple inflationary pressures, including global fiscal deficits, potential world remilitarization, trade restructuring, and reduced immigration to the U.S., which could sustain price pressures and push wages higher [2][3]. - Federal Reserve officials, including St. Louis Fed President Alberto Musalem and Atlanta Fed President Raphael Bostic, have also indicated skepticism about the feasibility of further rate cuts, suggesting that the September cut may be the only reduction needed this year [1][5]. Banking Industry Perspectives - Dimon dismissed concerns within the banking industry regarding stablecoins threatening traditional deposit bases, emphasizing the legitimacy of blockchain technology while differentiating it from speculative crypto trading [3]. - His views contrast with other major bank executives who have warned of potential deposit flight reminiscent of the 1980s money market fund crisis [4]. Federal Reserve's Stance - The Federal Reserve's recent rate cut of 25 basis points to a range of 4.00%-4.25% has led to internal divisions over the pace of future reductions, with some officials questioning the timing of the cut given ongoing inflation pressures [2][5]. - New Fed Governor Stephen Miran advocated for aggressive rate cuts totaling 1.25 percentage points across the remaining 2025 meetings, arguing that current rates are too tight and could lead to unnecessary unemployment [6].

The integration of #stablecoins into finance is accelerating 🌍How will this reshape global payment systems? ...

RT BSCN (@BSCNews)📣 ASX' LATEST YIELD DISTRIBUTION COMPLETED- @asx_capital has carried out yet another flawless yield distribution to holders of its two sold-out NFT collections.- These NFTs derive their yield from real estate income, the assets being backed by investments into premium residential properties in the United States.- Unlike many other crypto yield products, distributions for ASX's NFT holders are automated, and require no manual claim process [Kind of like a monthly airdrop to its closest comm ...

Where we're going, we won't need banks.Big week for stablecoins.Big week for Plasma.New card, new app, new neobank all in one. Mainnet on Thursday.Plasma CEO on stream this week.Trillions. See you soon.Plasma (@PlasmaFDN):Introducing Plasma One: the one app for your money. https://t.co/5IgcCon5g8 ...

Crypto neo-bank Shield announced on Monday that it has raised a $5 million seed round led by Giant Ventures. The company launched in 2022 and pivoted to payments in 2024. It allows exporters and importers to conduct cross-border transactions in US cryptocurrencies, while also providing compliance screenings, such as addressing sanctions and money laundering threats. Emmanuel Udotong, co-founder and CEO, said he and his team started Shield because they were “disappointed by the lack of completing mainstr ...

Plasma has launched Plasma One, the first neobank built entirely around stablecoins, aiming to make saving, spending, and earning in digital dollars seamless, the company said in a press release Monday. The platform is designed to fix what the company calls a broken user experience for stablecoin holders, who often face clunky interfaces, limited local options, and friction when converting to cash. Stablecoins are cryptocurrencies whose value is tied to another asset, such as the U.S. dollar or gold. They ...

LIVE NOW - Why Stablecoins Are The Banks’ Worst NightmareWhat happens when stablecoins break apart the traditional business model of banks?Finance Expert & Columbia Business School Professor @cwcalomiris answers that and much more.Get ready to learn:- how the “unbundling” of payments and lending reshapes finance.- why politics matter more than technology when it comes to stablecoins.- what the stablecoin revolution could mean for the future of the dollar & currencies abroad.--------------TIMESTAMPS0:00 What ...

RT THE HUNTER ✴️ (@TrueGemHunter)WARNING:You MUST sell your stablecoins NOW ‼️‼️Buy altcoins and memecoins, it's fcking ALTSEASON ...

What are banks like? What function at their core for society do banks perform? Wow, I love that that question. I have to put a plug in before I even answer it for the book that I wrote about a decade ago with Steve Haber called Fragile by Design, which is um about the modern era from the perspective of banks. that is understanding the history of the world from the perspective of something that started about 400 years ago which is the chartering of banks. So the first thing in answering your question that so ...