greg.apt 🌐
greg.apt 🌐
MOVE+5.60%
APT+6.41%
USDT+0.02%
USDC-0.02%
SOL+4.17%
I predict that the GENIUS act will pass through Congress quickly. Bringing some regulation clarity to stablecoins. What does that mean for Aptos?
On Aptos, with WYST, USDC, and USDT is a perfect ground for regulated stablecoins. Taking advantage of dispatchable fungible assets, to actually provide the ability to abide by regulations.
Aptos
Aptos
The Wyoming Stable Token Commission has placed Aptos as the highest-scoring blockchain candidate for WYST—the first fiat-backed stablecoin issued by a U.S State—tying for 1st place with Solana. WYST will be deployed using @LayerZero_Core.
Gallery 1
Move was built for providing safe and secure stablecoin payments at Libra back in 2019. Stablecoin issuers have full control over the ability to abide by local regulations to meet AML regulations. And soon confidential transactions that abide by regulations as well.
For example, @mirage_protocol launched MUSD recently as a stablecoin for their future Perps platform
Aptos
Aptos
🔩 @mirage_protocol: The Liquidity Layer for Aptos DeFi Mirage Protocol is building modular money on Aptos. With mUSD as its stablecoin core, Mirage enables synthetic assets, capital-efficient perps, and yield opportunities (⚡ such as 3–11% APR from stablecoin and staked APT strategies) across the ecosystem.
And new platforms like @hyperion_xyz are building next generation DEXs to help support them as they prepare for some exciting launches.
Aptos
Aptos
Study: The Aptos ecosystem Study: @hyperion_xyz Builders building AND delivering here ✍
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