What is required for a stablecoin to be MiCA regulated?
@StableMintLtd explains their $USDSM $EURSM set up.
Check out the full episode: https://t.co/1V5KsQpCo1
It's during downturns when the whole idea of "art is recession proof" theory starts to make more sense. Currencies go up and down, but how people feel about art will adapt to the currency's worth at that particular moment.
NFTs as art = โ๏ธ
NFTs as a commodity = โ ๏ธ
tezos:native
Itโs another #TezosTuesday
Of the 1200 weekly active L1 wallets on Tezos, 850 are @objktcom users and 200 are @TeiaCommunity users.
https://t.co/d3O0Q9L8ql
Finance bros will agree that @tezos is the first chain to do tokenised commodities, rare metals.
@metalsofficial alrdy has uranium, nickel and cobalt.
Much more to come.
First, it was dollars โ Stablecoins proved that digital cash works.
Then it was treasuries โ Tokenized bonds brought yield on-chain.
Now itโs the physical economy โ The metals underpinning industries that power our future are easier to invest in than ever before.
Coming soon: $USDSM
The US dollar stablecoin from @StableMintLtd, a MiCA-regulated European EMI. Fully backed, redeemable at par on demand, and settling cross-border payment volume across four chains.
Trading starts Aug 5
Get ready โ https://t.co/47fNCUnRqD
we shipped a tanning/uv app.
apple gave us $100 in ad credit to see if we can turn it profitable lmao.
the test:
$10/day. 10 days.
exact-match, high-intent searches only.
no broad traffic. no vanity installs.
will MySun make more than it spends?
day 2. i'll post every number.
Need some new workflow ideas or just a space to rubber-duck your thoughts?
Join us at the @tzapac office on August 6th, 1โ5pm (GMT+8), for a day of focused work and free coffee alongside others building in AI.
Slots are limited: https://t.co/WOp71SLzBN
Most providers can do fiat or stablecoins. Doing both, for first- and third-party payments, under one licence, is the hard part.
Stable Mint now operates fiat and stablecoin payment services under a single MFSA Electronic Money Institution licence. One regulated counterparty can collect by bank transfer or card, hold balances in EUR and USD, convert between currencies and our EUR and USD stablecoins, and pay out to third parties, all inside one authorised perimeter.
For a business, that removes the usual patchwork: a PSP for acquiring, a separate rail for payouts, an unregulated venue for stablecoins, and the reconciliation headache of stitching them together. One licence, one counterparty, one flow of funds.
How many providers does your payment stack run through today? If the honest answer is too many, there is a simpler way. Talk to the team.
https://t.co/ft2dxvAHu2
#payments #EMI #MiCA #fintech #regulation
An update to @TeiaCommunity's multisig core team - the most transparent, functional DAO in the NFT space.
Now with moderator roles that are officially recognized by the DAO's governance contract!
https://t.co/FoD5QBEwd1
https://t.co/OTJ9JirK0T
#Tezos
Case Study: How Stable Mint helps a Swiss-regulated digital asset firm run its corporate accounts and on/off-ramp in one place.
The firm, a Swiss-licensed VASP and VQF member, uses Stable Mint for regulated EUR and USD accounts, dedicated virtual IBANs, and on- and off-ramp between fiat and stablecoins.
For a digital asset business, banking access is the perennial problem. It gets named, multi-currency accounts from a regulated EMI, plus the ability to move between fiat and stablecoins inside the same authorised environment, with customer funds safeguarded at EU credit institutions.
It is a clean example of the model we keep coming back to: serious, regulated businesses that need real banking rails and stablecoin settlement from one compliant counterparty.
Want the same setup for your business? Talk to the team (link in comments).
#VASP #stablecoins #banking #fintech #MiCA
Historically speaking, "great things" happen when people have nothing to lose and are forced to work together - it's almost a cliche...including the story of Hic et Nunc itself.
The crypto markets have blessed us with such an opportunity again. Will we take it, or let it slide?