RT David Alexander II (@Mega_Fund)BNB just realized $5.58M in daily fees, the second highest the network has had in the past 3 years. Meanwhile, daily $BNB trading volume has surged to $9.7B, the most since April 2021 ($10.4B).Perhaps more underindexed: there are now $14B of stablecoins in circulation, the most the network has ever had and more than 2x since January 2025.h/t @tokenterminal ...

Crypto Innovation & Mainstream Adoption - Stablecoins are considered the biggest crypto innovation since Bitcoin due to their obvious mainstream applications [1] - Flipster focuses on solving user problems for traders, as users will migrate to platforms that better address their needs [2] Regulatory Landscape & Global Trends - The crypto industry faces a diverse regulatory environment, ranging from countries forbidding crypto to those with comprehensive frameworks like the UAE [2] - A majority of crypto companies are now refocusing on the US market, driven by its status as the world's largest economy [3] Convergence of Traditional Finance & Crypto - The industry anticipates a convergence of traditional finance and crypto players within the next two to three years [3] - Policy changes and legislation in the US have opened the door for this convergence to occur [3] Current State of Crypto - The current state of crypto is a reality, not a future promise [4]

Regulatory Landscape - Sovereignty versus decentralization is a key challenge, exemplified by India's state rails approach to private crypto [1] - Enforcement is intensifying, with Dubai's penalties demonstrating that compliance is mandatory [1] - Licensed innovation is accelerating, while "unbacked" assets are facing headwinds [1] Market Opportunities - Stablecoins are exploring opportunities in Islamic finance, with Malaysia aiming to tap into the $5 trillion market [1]

Market Trends & Predictions - Bitcoin 的四年周期可能不会持续，如果持续创造流动性 [1][26] - 预测比特币到 2028 年可能达到 320 万美元，但这仅为一种可能性 [2] - 多数资金将流入比特币，新趋势是基本面现金流和收入 [4] - 稳定币领域可能由 Tether、Athena 和 USDC 三家主导 [28] - 预测市场可能成为重要的社会指标，尤其是在政治领域 [35][36] Tether Analysis - Tether 被认为是人类历史上最好的银行，拥有极高的效率和盈利能力 [1][5] - Tether 拥有 150 名员工，每年产生约 80 亿美元的净收入 [5] - Tether 的估值达到 5000 亿美元，与 SpaceX 和 OpenAI 等公司处于同一水平 [4] Investment Strategies & Portfolio - Maelstrom 的投资组合主要为长期持有比特币和以太坊 [7] - 基金中 10%-20% 的资金用于交易其他加密货币 [7] - 风险投资方面，主要进行小额投资，以便了解行业动态 [8] - 公司对数字资产 Treasury (DAT) 公司持乐观态度，认为这是一个金融产品 [11] - DAT 的成功关键在于发行非稀释性资本和购买代币的能力 [17] Stablecoins & DeFi - Athena 被视为增强型储蓄账户，收益来自加密货币交易 [31] - Athena 通过杠杆交易获取收益，并以利息形式支付 [33] - Tether 是美元支持的稳定币，而 Athena 是合成美元 [33]

Regulatory Approval - Malaysia approves its first Islamic digital bank using stablecoins [1] Digital Finance - The approval signifies a move towards integrating digital assets within Islamic finance [1]

NeobanksSam (@0xCryptoSam):The Neobank Whiteboard:- Fiat On/Offramps will be commoditized by infra like @Stablecoin- The best directional long has been going onchain (Banks -> Wallets)- Stablecoins are the first viable accelerant to bringing non-crypto native users onchainUsers will inevitably be https://t.co/NiI42nGwpM ...

$300b stablecoins sitting idle at btc $125k ath. that's not how cycles work. solana captured 40% stablecoin growth in 3 months vs ethereum's 27%. visa stripe paypal all building payment rails on sol not eth. when $300b rotates from usdc to risk the settlement layer wins first ...

Market Trends & Projections - Stablecoin adoption in developing economies is projected to surge from approximately $170 billion to $1200 billion (12000 亿) by 2028 [1] - The report suggests the potential for stablecoins to draw over $1 trillion (1 万亿) from emerging market banks by 2027 [1] - The author believes $1200 billion (12000 亿) is a conservative estimate, suggesting a potential increase to $10 trillion (10 万亿) [2] Underlying Factors - Citizens in developing nations are seeking refuge from failing fiat currencies and government corruption by turning to stablecoins [2] - There is significant demand for wealth storage in USD, even with tightened regulations on stablecoin issuers passing on yields [1] Currency Devaluation Example - In Argentina, the USD/Peso ratio drastically changed from 1/300 in April 2023 to 1/1,467, indicating a substantial loss in purchasing power [1][2] - Currency devaluation is not limited to Argentina, but also affects countries like Turkey, Pakistan, India, and Brazil [2]

Core Insights - Bank of New York Mellon Corp. is testing tokenized deposits to modernize its payments infrastructure and expand blockchain use in global finance [1] - The initiative aims to facilitate blockchain-based payments using tokenized versions of traditional deposits [1][3] Group 1: Project Overview - The project supports real-time, instant, and cross-border transactions across BNY Mellon's global network [2] - BNY Mellon's treasury services division processes approximately $2.5 trillion in payments daily [3] Group 2: Technology and Benefits - Tokenized deposits serve as digital representations of cash held at commercial banks, enabling instant transfers and real-time transaction settlements [4] - This technology is expected to make payments cheaper, faster, and available 24/7 [4] Group 3: Industry Context - BNY Mellon's move aligns with growing blockchain adoption among major financial institutions, with JPMorgan and HSBC also launching similar initiatives [5] - Several European banks are exploring fiat-linked stablecoins, indicating a trend towards modernizing the global payments ecosystem [6] Group 4: Regulatory Environment - The acceleration of blockchain adoption in traditional finance is influenced by emerging regulatory clarity in the U.S. and Europe [7]

>> LIVE FROM BLOOMBERG’S WORLD HEADQUARTERS, I’M SCARLET FU. TIM: AND I’M TIM STENOVIC. WE’LL SPEAK TO ONE OF THE MOST PROMINENT VOICES IN CRYPTO, KATIE HAUN WHO MANAGES BILLIONS ACROSS DIGITAL ASSETS AND WAS A EARLY BELIEVER IN STABLECOINS.SCARLET: AS PART OF HER INVESTMENTS SHE’S ADDICTED TO THE MARKET. AND $2 BILLION WILL BE INVESTED IN MOLLYMARKET -- POLYMARKET. TIM: BITCOIN HITTING A FRESH RECORD ON SUNDAY, CLIMBING TO $125,000 PER BITCOIN.WE’RE JUST SHY OF THAT NOW. LET’S ROUND IT UP, $122,000. IT WAS ...