Get ready builders! 🚀
Coinbase Developer Platform and @AWSstartups are sponsoring the Agentic Track at the @easya_app and @Consensus2026 hackathon next week in Miami, May 5-7.
Details ↓
One thing not to miss in our Q2 earnings today: stablecoins are ripping.
Some highlights from our shareholder letter:
• $332M in stablecoin revenue, +12% QoQ
• Average balances of USDC held in Coinbase products is up 13% QoQ to $13.8B
• 90%+ of USDC P2P volume is happening on Base.
And it’s not just happening at Coinbase. Stablecoin market cap reached >$253B, a new all-time high. Cross-border payments alone represent a $40T+ opportunity for stablecoins. And with the GENIUS Act becoming the first U.S. federal digital asset law, stablecoins and tokenized assets now have a framework to scale. We can see that GENIUS is already positively influencing stablecoin policy globally.
Rise.
The average transaction size on Visa is just $45. 🧾
That number turns out to be an elegant heuristic when analyzing stablecoin activity on-chain. Here’s what we found with Visa x Allium’s new dashboard update: 🧵
I learned a decade ago to focus on customers, not competitors, as a principal engineer at @awscloud. Amazon built one of the best companies in the world, an e-commerce and cloud juggernaut that delights customers every day with the everything store and almost free 2-day shipping.
S3 vector will fundamentally change the landscape of vector DB.
from our previous evaluation pg_vector is already good enough, but it has limitation of scalability and hosting issues. S3 is built-in with scalability beyond a single node.
Basement v2 is live. Now with iOS and Android apps, plus a brand new UI.
@b3dotfun lets the best game devs focus on what they do best: making fun games. Basement is how those games reach players.
Powered by Caldera 🧡
"I was born in Ukraine right as communism fell. My parents made the decision to move us to the U.S. when I was seven. My dad’s an entrepreneur, and watching him start from scratch in a new country shaped a lot of who I am. He raised me and my sister to question everything, to be strong, and to never accept “this is just how it is” as a good enough answer. That mindset stuck with me.."
We’re launching an X community. Expect a fun and active space where you can:
📣 Give product feedback and connect with the Phantom team
🧠 Share thoughts and insights about crypto
👻 Post memes and enjoy the vibes
This is ZK’s man on the moon moment. Real-time Ethereum proving has landed.
If you had asked anyone in ZK 1 year ago whether this was possible, they would have said it was a literal moonshot. A distant, pie in the sky achievement requiring breakthroughs across cryptography, algorithms, engineering and more. Seeing it live today is remarkable.
So much hard work and love went into this from all parts of the Succinct team to create the first zkVM that can prove 90+% of Ethereum blocks in < 12 seconds:
• Our cryptographers who designed and implemented an entirely new proof system based on multi-linear polynomials, that will likely become the standard for zkVMs to come.
• The performance engineers who monkey-coded CUDA kernels to ensure primitives like LogUp GKR, sum check and others were blazing fast.
• The cloud infrastructure team who orchestrated a bare-metal deployment on 100s of GPUs and optimized the distributed system to minimize latency, shaving off milliseconds where it counts.
• Our marketing and design team who created the launch video to show a behind the scenes look of all of the technology involved.
I couldn’t be more proud of the Succinct team for their relentless pace in advancing the ZK space.