RT Circle Developer (@BuildOnCircle)Building the future of programmable money takes real builders shipping real systems.We’re excited to announce the first cohort of 2026 Circle Developer Grant recipients:@AgriDexPlatform@BeeezoHive@BlockradarHQ@BuFi_Global@CashmereLabs@ArrelTechnology (DAPL - Digital Asset Platform)@dzap_io@flezpay@gcrx_io@HurupayApp@myazahq@OpenVPP@payritHQ@rebelfi_io@usesfxmoneyapp@thurmanlabs@TidesHQ@trumarket_techThis group stood out for technical depth, execution velocity, and clear p ...

“Stablecoins are the HTTP for dollars on the internet.” - @jerallaireProgrammable money is unlocking a new renaissance in how value moves globally. https://t.co/nX8O8TxD2A ...

RT Sei (@SeiNetwork)Global payroll, global trading, and stable growth.On high-speed rails, everything moves faster — even the updates.Here's what you might have missed this week ↓🔴 @useToku integrated Sei for global stablecoin payroll — bringing real-time settlement to the $50T payroll market: https://t.co/pymlhk3Txl🔴 @MonacoTrading private alpha officially opened: https://t.co/13xPGoWZGK🔴 Monaco introduced @m1markets, a high-speed front end for Monaco's CLOB: https://t.co/vS2FE8lUUn🔴 @CoinSharesCo highligh ...

Core Viewpoint - Bakkt Holdings, Inc. has agreed to acquire Distributed Technologies Research Ltd. (DTR) to enhance its stablecoin settlement and programmable payments capabilities [1] Group 1: Acquisition Details - The acquisition will be executed through an all-equity consideration, with Bakkt issuing shares representing 31.5% of the "Bakkt Share Number" as defined in a prior cooperation agreement [1] - Approximately 9.1 million Class A shares will be issued to DTR shareholders, including DTR founder and Bakkt CEO, Akshay Naheta [2] Group 2: Strategic Implications - The acquisition is expected to accelerate Bakkt's time-to-market for stablecoin settlement by bringing core infrastructure in-house, reducing reliance on third-party providers [3] - Owning DTR's technology will create new revenue opportunities across payments and banking use cases [3] - The deal supports Bakkt's ambition to position itself as a programmable money and next-generation financial infrastructure platform [4] Group 3: Governance and Approvals - The transaction was reviewed and approved by an independent special committee of Bakkt's board [5] - Completion is subject to customary closing conditions, including regulatory approvals and Bakkt shareholder consent [5] - Intercontinental Exchange, Inc., which owns around 31% of Bakkt's Class A common stock, has agreed to vote its shares in favor of the transaction [5] Group 4: Corporate Changes - Bakkt will change its corporate name to "Bakkt, Inc." effective January 22, continuing to trade on the New York Stock Exchange under the ticker BKKT [6] Group 5: Previous Acquisitions - In August, Bakkt acquired approximately 30% of Tokyo-listed textile company MarushoHotta for $115 million, planning to rebrand it as "Bitcoin.jp" [7] - This acquisition aims to transform the 120-year-old Japanese manufacturer into a Bitcoin-focused investment vehicle under new CEO Phillip Lord [7]

👔💬 Jamie Dimon on crypto: “Blockchain is real, stablecoins may have a real use, we have the JPM Coin, tokens and programmable money are real." https://t.co/hvDy1QEVfK ...

Core Insights - U.S. Bank is testing custom stablecoin issuance on the Stellar blockchain, indicating a significant move towards programmable digital money by a major U.S. financial institution [1] - The initiative reflects a broader trend among financial institutions towards programmable money that incorporates necessary safeguards and compliance features [2] Group 1: U.S. Bank's Initiative - U.S. Bank emphasizes the importance of safety and control in tokenized assets, highlighting the need for protections around know-your-customer regulations and transaction management [3] - The Stellar platform offers features such as the ability to freeze assets and unwind transactions, which are crucial for banking applications [4] - U.S. Bank's confidence in Stellar's reliability is underscored by its 99.99% uptime and fast transaction settlement times of 3-5 seconds, with minimal transaction fees [4][5] Group 2: Institutional Confidence and Market Risks - The Stellar Development Foundation's leadership stresses the importance of institutional-grade reliability for financial services, which is a key factor in U.S. Bank's partnership [5][6] - The European Central Bank (ECB) has raised concerns about the rapid growth of stablecoins, warning of potential financial stability risks as their interlinkages with global markets increase [7] - An ECB report highlights structural vulnerabilities and cross-border risks associated with the expanding stablecoin ecosystem [8]

Asset Growth & Revenue Generation - Superstate's onchain assets under management (AUM) exceed $13 billion [1] - AUM nearly doubled since September [1] - Approximately $10 million in fees generated within the past month [1] Product Offerings - Superstate's USCC and USTB products offer tokenized exposure to the federal funds rate [1] - Products provide access to cash-and-carry trades across BTC and ETH [1] Market Dynamics - Demand for programmable money continues to accelerate [1] - Native DeFi rates increasingly outpace risk-free yield [2]

Core Insights - Visa's report suggests that stablecoins could significantly impact the $40 trillion global credit market by enabling traditional institutions to utilize blockchain technology for lending [1][2] Group 1: Stablecoin Market Overview - Stablecoins have facilitated $670 billion in lending over the past five years, with 1.1 million unique borrowers and an average loan size of $76,000, which increased to $121,000 in August [3] - Circle's USDC and Tether's USDT dominate the stablecoin borrowing market, accounting for 98% of the total, with USDT at $181 billion and USDC at $76 billion, representing 83% of the $307 billion stablecoin market cap [4] - The stablecoin market cap has increased by $100 billion since the beginning of the year, partly due to the GENIUS Act, which established a regulatory framework for U.S. issued stablecoins [4] Group 2: Future Predictions and Trends - Users on Myriad predict that the total stablecoin market capitalization will reach $360 billion by January 2026, with 67% of users believing the $53 billion gap can be closed by then [5] - The International Monetary Fund (IMF) highlights that stablecoin adoption could provide alternatives to traditional safe assets and facilitate cross-border transactions, but also raises concerns about potential risks in the financial system [6] Group 3: Industry Developments - Paxos, a stablecoin issuer, mistakenly minted and then burned $300 trillion worth of PayPal USD (PYUSD), clarifying that there was no security breach and customer funds remain safe [6][7]

Core Insights - The UK is piloting "tokenized" sterling deposits, which are digital versions of bank deposits aimed at enhancing payment efficiency and security [1][2][4] - Major banks including Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide, and Santander are participating in this pilot, which is set to run until mid-2026 [1][5] - The initiative is part of the UK's broader digital finance strategy, aligning with the Bank of England's efforts on digital money and securities [3][4] Group 1: Pilot Program Details - The pilot focuses on three main use cases: marketplace payments, remortgaging, and digital-asset settlement [2][6] - The goal of the pilot is to reduce fraud, accelerate settlement processes, and provide customers with greater control over their financial transactions [2][5] - Tokenized deposits are designed to be safer than privately issued stablecoins, as they remain within the regulated banking system [5][7] Group 2: Industry Collaboration and Support - The pilot is supported by technology from Quant, advisory from EY, and legal assistance from Linklaters, showcasing strong industry collaboration [5] - HSBC has indicated that there is significant client demand for tokenized deposits, particularly in cross-border payments, where they could lower costs and improve settlement times [6] - UK Finance emphasizes that tokenized deposits are digital representations of commercial bank money, maintaining the same protections as traditional deposits while offering enhanced programmability [4][5]

Stablecoin Development - America's first state-issued stablecoin, FRNT (formerly WYST), is now live [1] - FRNT is launched on the Avalanche blockchain [1] - FRNT will soon be integrated with @raincards' Visa platform for spending [1] Industry Impact - The stablecoin represents a move towards programmable money becoming real-world money [1]