soon people will be able to build billion-dollar companies using only ai agents.
- ai sales team.
- ai engineering team.
- ai everything.
it feels a bit scary, but tbh it’s so exciting.
this could make the american dream possible for anyone with an internet connection.
before crypto, i worked at some of the top firms on wall street, @GoldmanSachs and @blackstone.
and from speaking to many of my ex-colleagues on wall street, i can confidently say that big banks have never been more scared of crypto eating their lunch.
in fact, they're so scared, that jp morgan, citi and others are planning to launch their own tokenized deposit network to compete with crypto.
but if you like crypto, you won't like the banks' alternative. in fact, you'll want to steer well clear.
here's why:
- with their network, you won't own your money
if the bank fails or faces a run, you lose your tokens (just how you would with your fiat). the main beauty of crypto is that you hold your private keys so you are fully in control of your own money (no one can freeze it).
- it's a permissioned, closed network
access to their network still requires the banks' permission. unlike public blockchains, which are permissionless and let anyone participate.
- run by the banks who've been campaigning against crypto
their network will be run by The Clearing House (payments company owned by JP Morgan, Citi, BofA and other big banks). do you really think they have the consumers' best interests at heart?
- no privacy or transparency
the beauty of crypto is that you can make transactions without a middleman and no one can freeze your funds. however, every transaction on the banks' network will be subject to their oversight and must fall within their KYC / AML processes. this means governments and banks can still freeze your funds for whatever reason they want.
- designed to keep the banks in full control
they want a system that will let them keep their fees and revenue model. stablecoins threaten to pull billions in deposits away from banks - this is their last ditch attempt to stop that.
- limits defi innovation
by controlling their own permissioned blockchain, banks prevent users from using other blockchain protocols that could allow them to get higher yields etc (one of the main attractions of defi for many users).
The demand for modern, always-on settlement infrastructure continues to grow.
@Mastercard’s support for $RLUSD and the XRP Ledger reflects growing demand for trusted digital assets and blockchain infrastructure that can power faster, more flexible settlement.
a lot of people who think they’re smart (but in reality just naive) are asking me who “they” are.
well, “they” are the market makers, algos and other institutional big money who manipulate crypto prices to shake out retail.
then they buy back lower.
if you don’t believe crypto prices are manipulated, you are living in fantasy world.
1k retweets and i’ll make a post highlighting exactly how they do this.
14 years ago, we got together with an idea to build a better way to move value. What happened next was something none of us could have built alone.
And by "us," I don't just mean the three of us.
I mean the developers, validators, businesses, community members, and everyone who helped shape XRP into what it is today.
Happy Birthday, XRP!
The Stellar network is designed to plug into traditional financial systems, extending their capabilities and enabling new efficiencies.
@The_DTCC is the backbone of the global capital markets. Our role in this partnership is to make that backbone stronger than ever.
The “Anti-Crypto Army” was defeated…
by the courts…
by the voters.
And by Trump.
It never made policy, legal or political sense.
Combatting financial innovation only helped protect those that wanted to keep an old, often broken, system in place.
DTCC and the Stellar Development Foundation announced today plans to enable the tokenization of DTC‑custodied assets on the @StellarOrg network. This collaboration advances DTCC’s multi chain strategy and expands how traditional assets move across digital ecosystems.
DTC‑tokenized assets are expected to be made available on the Stellar network in the first half of 2027, supporting the evolution of a more open, interoperable, and efficient financial ecosystem.
Get the full story: https://t.co/YCWHZDiLl5
mastercard’s bitlicense is being read as a crypto strategy but imo it’s better read as the completion of an off ramp strategy yrs in the making
the on-ramp (fiat to crypto) has commoditized, but the off-ramp (crypto back to fiat at the merchant) is where mastercard’s defensibility lives: 100m merchant acceptance points already integrated globally, merchants don’t need to adopt stablecoins for the model to work, + existing interchange & settlement economics stay intact.
the bitlicense closes that loop inside what is arguably the strictest US regulatory perimeter (ny), where most insti counterparties are domiciled. the resulting division of labor may look like:
> crypto native rails handle the cross border leg
> stables issuers absorb the float
> fintechs own the consumer experience
final mile routes thru the network mastercard spent decades cultivating
another data point suggesting that while card networks were expected to be the casualty of the stables stack, it looks like they’ll be the distribution layer for it
trumps says he will “build a future-proof digital asset market structure that cannot be undone by the crypto haters”
i love it when the president talks like that.
to celebrate kickstart surpassing $10m in volume, we're giving away $1,000 in $SOL!
to join:
- follow @EasyA_Kickstart
- like + rt this post
- tag 2 friends
and for bonus points, let us know your favorite thing about kickstart.
ends: 1 june, 23:59 utc 📅
Today, @The_DTCC's tokenization service announced plans to connect with @StellarOrg starting H1 2027.
This integration will allow market participants to leverage traditional assets in a digital ecosystem for faster settlement, greater asset mobility, extended trading hours, cost efficiency, and lowered risk.
The network was built for this moment.
Watch ↓