JUST IN: JPMorgan CEO Jamie Dimon lashes out at The Clarity Act, says banks are going to fight it and Coinbase CEO Brian Armstrong is "full of sh*t" 😳
"We'll fight it. If we lose, we lose. It will be fought."
The Bankers are MAD they're losing.
Polygon is Building A Unified Open Stack for Neoconnectivity
Polygon (@0xPolygon) CEO Sandeep (@Sandeepnailwal) announced a unified open stack that provides neobanks with full-service blockchain capabilities via a single API.
In a recent statement on X, he disclosed the blockchain platform's plans to make it easy for neobanks to get every capability all in one place...
"Imagine how easy it would be for neobanks to get every capability from a single open stack. Wallets, ramps, crosschain routing, compliance, settlement in one API. That is what we are building," he wrote.
This infrastructure streamlines wallets, on-ramps, cross-chain routing, and institutional compliance into a centralized settlement layer for global finance.
@stable_summit@0xPolygon Excited to discuss how stablecoins are making money movement instant, global, and internet native alongside an incredible group at Stable Summit IV NYC.
Moving money instantly, reliably, and at internet scale. Polygon Labs is building the onchain payments infrastructure global banks and fintechs are already using.
@BrianButler111, Payments and Partnerships at @0xPolygon, will take the stage at Stable Summit IV: NYC.
New York · https://t.co/rKvnhPrtjU
Stablecoin settlement is already reshaping global money movement.
Excited to join Stable Summit alongside an incredible group. Full circle moment sharing the stage with Pete after starting my career learning from him at Visa.
Polygon Open Money Stack: https://t.co/VrUio6t2Ho
Stablecoin settlement is already live inside card networks. The economics for acquirers, PSPs and merchants are changing.
The unsolved layer is merchant-side: refunds, disputes, chargebacks, fraud handling. Cross-border and remittance operators are deploying differently again. Whether the acceptance layer consolidates or fragments further is still open.
On stage:
@BrianButler111, @0xPolygon
Malcolm Clarke, @WesternUnion
Pete Wexler, @Visa@ahmedzifzaf, Global Payments
June 4, NYC · https://t.co/rKvnhPrtjU
Uber and WeRide just launched fully driverless robotaxis in Dubai. Book through the Uber app, no driver onboard. They're planning 1,200 vehicles across the Middle East by 2030. It's actually happening.
KB Kookmin Card filed a patent for a hybrid card that switches between stablecoin and credit automatically. Same rewards, same merchants. Just add crypto rails.
Securitize controls 70% of the US tokenization market. BlackRock's $1.7B BUIDL fund is a client. NYSE partnered with them for 24/7 trading. That's dominance.
Circle's new Layer 1 blockchain Arc is claiming to be quantum-resistant from day one. They're calling it "a baseline requirement." I wonder how other chains will respond to quantum computing.
Seems like a doomsday scenario the industry needs to take seriously.