Casper Yonel

ex @Citi @Point72careers @JPMorgan

[Casper Yonel @CryptoCasper_]

@davidmiedz @robbiepetersen_ @Visa @Stablecoin @cuysheffield The settlement is in fiat and the issuer holds the risk

[Casper Yonel @CryptoCasper_]

@mcagney That’s awesome, quick question - if everyone starts using stables won’t banks hold deposits in this stable and also create credit denominated in it?

[CUBE Summit 🚀 @CUBE_Summit]

The $6K @SonicSVM Award was presented by @Chrizhuu, co-founder of @SonicSVM, to @blufinanciero. Founded by @CryptoCasper_, Blu is a fast-growing on-chain neobank dedicated to serving 400M underbanked individuals in LATAM.

[Dmitriy Berenzon @dberenzon]

1) Fun fact: there are ~280 payment companies today building on cryptorails (!)

I've written a piece explaining the current financial system, major use cases for cryptorails, adoption challenges they're facing, and what the future might look like.

https://t.co/KrWyVBQ7CT

[Casper Yonel @CryptoCasper_]

@bluechip_org High risk high return 👍

[Casper Yonel @CryptoCasper_]

@andrewchen @climon Referrals also shouldn’t impact your ability to continue to acquire that organic userbase with better economics, so if anything I see it as a just as net benefit

[Casper Yonel @CryptoCasper_]

@andrewchen @climon The negative impact on the economics of those referred users could be offset but the overall growth of your userbase, or just by lower CACs. It’s not like having 20% of your userbase being left profitable is a bad thing if you’re at 5M users vs 500K users

[Casper Yonel @CryptoCasper_]

@EcomShri 2024

[Casper Yonel @CryptoCasper_]

@futurenomics I’m just saying that at scale there’s a real possibility that crypto payments will still have fees

[Casper Yonel @CryptoCasper_]

@web3__ @thomphreys Not to be a troll but how big are your USDC orders and how long do they take to get filled? The yield is probably negligible

[Casper Yonel @CryptoCasper_]

@JackNiewold They do in Spain

[Casper Yonel @CryptoCasper_]

@MacroMate8 Just because the issuance of the ETH isn’t compliant doesn’t mean they won’t demand complaint staked ETH.

There’s also counterparty risk from a liquidity pool perspective which adds another layer of security

Both will exist, the question now is what is the market size of each

[Casper Yonel @CryptoCasper_]

@xfantle @nonefungible @lucca__pacioli @nic_carter How is this any diff than our business opening a circle account and wiring through there for 0% fees?

[Casper Yonel @CryptoCasper_]

@superphiz @StrategicHash Also @redactedcartel with dinero

[Casper Yonel @CryptoCasper_]

@leptokurtic_ Should pass on that negative interest rate to $USDe holders / borrowers to incentivize redemptions.

Not familiar with the design but my initial thoughts

[Casper Yonel @CryptoCasper_]

@adamscochran Why are these their only 2 options.. what were the options before the XRP case (assuming it’s from the XRP case)?

[Casper Yonel @CryptoCasper_]

@vertex_protocol @redactedcartel @unsheth_xyz @vec0zy im going to paris

[Casper Yonel @CryptoCasper_]

@NumberOnePengu @Mudit__Gupta except you have a variable borrow rate (negative carry) that you can't control for holding the stable.

So what happens when borrow rates for ETH surpass block production yield from stETH?

[Casper Yonel @CryptoCasper_]

@pablo_veyrat @rpahlmeyer @pury_br Let’s chat about this today when we connect 👍