To add just a bit: stablecoins on Ethereum hitting $130bn with total stablecoins MCap reaching $260bn+ What a chart. But we’ll still hear “crypto is ded” rants when the markets inevitably cool down 👀
Breaking news from yesterday and thoughts - JPMorgan Chase is considering allowing customers to borrow against their crypto holdings as early as next year - Western Union CEO told Bloomberg they’re exploring ways to integrate stablecoins into its digital wallet infrastructure - $410 Billion PNC Bank partnered with Coinbase to offer crypto access to customers and provide banking support to Coinbase. - Solana surpassed $100billion market cap - Pantera backed @TheEtherMachine raised $1.5B to use 400k ETH to offer institutions direct, regulatory compliant access to ETH defi yield - Coinbase launched nano Bitcoin and Ethereum prep futures for US traders - SVM L1 @FogoChain launch public testnet, raised $8M in January. Dubbed the Hyperliquid of Solana as they aim to deliver 40millisec block speed etc - $9M raised in seed AI Trust layer @Mira_Network to take Kaito snapshot, they allocated 0.5% supply to Kaito top LB - Aave DAO has approved a proposal allowing the Kraken backed Ink chain, to launch a white label version of Aave V3 (use Aave v3 tech but branding and control, Ink’s)
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