New wallet deposited 4 million USDC into Hyperliquid.
https://t.co/QN8D21HVVV https://t.co/3IKvXfhdQD
New wallet deposited 4 million USDC into Hyperliquid.
https://t.co/QN8D21HVVV https://t.co/3IKvXfhdQD
Wu said he learned that Lorenzo Valente, Research Director at ARK Invest, is skeptical of the recently launched stablecoin consortium 'OpenUSD', believing that this type of consortium model is difficult to scale and cannot challenge the market dominance of USDC and USDT. Valente points out that such projects face a liquidity cold‑start problem and lack trading pairs with the existing mainstream crypto markets; its internal governance structure is also questionable, with a consortium of 500 competitors resulting in low decision‑making efficiency, which lacks competitiveness compared to the single‑decision‑maker models of Circle and Tether that can respond quickly to market changes. Additionally, Valente analyses that OpenUSD's economic model leads to insufficient funds for the issuer, making it hard to support a complex ecosystem rebate system like Circle's. He likens OpenUSD to a 'DAO experiment', arguing that 'owned by everyone' often means 'responsible to no one'. https://t.co/d4LwZe7K5c
the KOL coins look harmless compared to this 😭😭😭
BREAKING: President Trump's 2025 financial disclosure was just released.
It shows he earned $635,068,835 in royalties from a meme coin licensing deal in 2025, as well as holding over $60M in crypto across various wallets. https://t.co/sMQ9M5RlOr
USD Coin is a stablecoin brought to customers by Circle and Coinbase. It is an open source, smart contract-based stablecoin. True financial interoperability requires a price stable means of value exchange. CENTRE’s technology for fiat-backed stablecoins brings stability to crypto. The initial implementation is USD Coin (USDC), an ERC-20 token creating possibilities in payments, lending, investing, trading and trade finance — and the ecosystem will grow as other fiat currency tokens are added.