The full draft of the STABLE Act of 2025 was released yesterday. Thread will a few takeaways below
No yield-bearing stables
Nicholas Cannon
3,878 posts
Nicholas Cannon
@inkymaze
- Why is ~$135M USDC borrowed from Aave for 100 blocks on weekdays at midnight UTC?
- vaults will become fundsmemecoins will just become "coins" coins will just becomes "assets"
- Hyperliquid auctioning off a vanity ticker got 1. Paxos to announce an acquisition 2. MegaETH to announce a stablecoin early 3. Uniswap's COO next org reveal 4. Everyone else to show their loss leader pricing
Replying to @stblcnsummit5/ Excited to announce @inkymaze, VP of growth at @gauntlet_xyz, as a speaker at the Stablecoin Summit 2024! Nick will explore the role of stablecoins in prediction and decision markets. Don’t miss his insights at our side event during #Token2049! 📌Andaz Singapore 🗓️ 20 Sept- Some newly public info from Circle's CRCL Form S-1 $60M one-time fee to Binance who needs to hold $1.5B USDC minimum
- excited to announce we just renewed our lease rent-free in Marc's dreams
- The notional amount of $$$ lost to economic exploits is more than security and governance combined.
- Aave is talking about us again. Why? Aave and Gauntlet are now competing more fiercely than ever for Earn programs. Here are internal comments on Stani's post from yesterday
- .@gauntletnetwork just put 30% of our existing *already paid* @AaveAave fee into a contract for insolvency refunds. If users lose, we lose first
- Aave went from "DeFi will win" to "DeFi will win. Only if we win"
- If we think social media broke our brains, let me tell you about betting on everything
