Jusdiene

Defi || Content creator

[Jusdiene @JusdieneFi]

this is the part people overlook.

the biggest unlock for stablecoins isn’t making merchants accept crypto, it’s making crypto invisible at checkout.

if users can spend usdc/usdt anywhere cards are accepted while merchants keep receiving fiat, the adoption friction drops massively.

$759m in monthly volume is starting to make that thesis look very real.

[Karamata_ 💎 @Karamata2_2]

🔥 Crypto cards are one of the clearer real-world adoption vectors for stablecoins right now.

I can confirm the reason is simple.

Users can spend USDC or USDT at any Visa or Mastercard merchant without asking the merchant to accept crypto.

The merchant receives fiat, the user spends stablecoins -> so it’s literally no new checkout behavior is required.

The growth is already meaningful.

According to a16z data, tracked crypto card volume reached $759M in July 2026:

- Up from $306M a year earlier
- Nearly 9M purchases
- Average transaction size of around $86
- Over 95% of tracked volume processed through Visa

USDC accounted for around 58% of July volume, while USDT represented another 26%.

So this is increasingly a stablecoin payment market.

In July, the main tracked programs were roughly:

- @RedotPay: $395M
- @ether_fi Cash: ~$100M
- @KASTxyz: ~$96M
- @Karta_Personal: ~$58M

RedotPay alone handled more than half of tracked volume in recent months.

However, it does not capture the whole market.

Many CEX cards, including products from @cryptocom, @binance, and @coinbase, settle activity internally or offchain.

Artemis previously estimated the broader category at around $1.5B in monthly volume by late 2025.

The figures are not directly comparable because the tracking methodologies differ, but they make one point clear.

-> Actual crypto card spending is already higher than visible onchain data suggests.

Full-stack issuers can capture more interchange and settlement revenue while reducing dependence on traditional sponsor banks.

I currently see 4 main models:

[1] Scale and distribution

RedotPay focuses on high-demand emerging markets and has claimed millions of registered users.

[2] DeFi-native cards

etherfi Cash lets users spend while keeping assets connected to a broader yield and collateral system.

That creates a stronger retention loop than cashback alone.

[3] Infrastructure

Providers such as 🔥 supply issuance, compliance, settlement, and card program infrastructure to multiple consumer brands.

[4] CEX ecosystem cards

Cryptocom and other exchanges may earn limited direct card margins, but cards can keep users’ deposits, trading activity, and balances inside the platform.

Retention is still the unresolved question.

Public churn data remains limited, and current evidence suggests growth is driven largely by new-user onboarding.

Most users make small everyday purchases, while only a few programs show high transaction frequency.

My view is that crypto cards have already moved beyond experimentation.

They now process measurable real-world volume and give stablecoins a practical spending function.

[Jusdiene @JusdieneFi]

@0xfablo @axisrobotics being able to run robot simulations straight from a browser lowers the barrier from “own a robot” to “just contribute data.”

[The Learning Pill 💊 @thelearningpill]

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It's time for Yield Collective No. 52

Bring your wallet, let’s eat 👇

[Jusdiene @JusdieneFi]

prediction markets have a capital efficiency problem.

you can be sitting on a highly profitable position, but that capital is basically frozen until you sell or the market resolves.

that’s where lending gets interesting.

——

imagine being able to use your prediction market positions as collateral, borrow against them, and put that liquidity back to work without closing the original trade.

suddenly, a “yes” or “no” position isn’t just a bet anymore.

it becomes a financial asset.

——

the flywheel looks something like this:

→ trader buys a prediction position
→ position becomes collateral
→ trader borrows USDC against it
→ borrowed liquidity enters another market
→ more capital flows through prediction markets
→ lenders earn yield from the borrowing activity

——

this is the part of DeFi i think people are underestimating.

we already know how to lend against ETH, stablecoins and tokenized assets.

prediction markets introduce another category of collateral:

event-based positions with a defined resolution value.

——

the challenge is risk.

a prediction position can move from 70¢ to almost zero extremely quickly.

so the lending layer needs better pricing, liquidity-aware LTVs, liquidation systems and eventually portfolio-level risk management.

——

that’s why projects like @gondorfi are interesting.

gondor is building the DeFi layer around prediction markets, with its v1 designed around borrowing against Polymarket positions and improving capital efficiency across prediction-market portfolios.

——

if this works at scale, prediction markets stop being isolated venues where capital goes in and waits for resolution.

they become another liquidity primitive inside DeFi.

and that could be much bigger than simply adding leverage to bets.

the real unlock is turning locked conviction into productive capital.

[Jusdiene @JusdieneFi]

@Mars_DeFi So real😂

[Jusdiene @JusdieneFi]

a lot of people still look at @aave as a lending protocol.

i think that undersells what it is becoming.

the bigger goal is to make onchain credit a piece of financial infrastructure that can eventually serve crypto, stablecoins, tokenized assets, institutions and everyday users from the same liquidity layer.

that distinction matters.

today, @aave already processes massive amounts of capital, with more than $3.4T in lifetime deposits and $1T+ in lifetime borrows. stablecoins have become one of its strongest use cases, with roughly $20B in stablecoin deposits across its markets.

but the interesting part isn’t the numbers.

it’s what those numbers allow aave to build next.

the old defi model was simple:

deposit → borrow → farm → repeat.

the next model looks much bigger:

capital → liquidity → credit → tokenized assets → financial products.

that is where @aave is positioning itself.

aave horizon is already putting tokenized real-world assets to work as collateral, allowing qualified institutions to borrow stablecoins without selling their underlying assets.

the market has already surpassed $450M in net deposits, with borrowing around $135M.

and aave v4 takes the infrastructure thesis even further.

instead of forcing every asset into the same market structure, v4 introduces liquidity hubs and specialized spokes, allowing different markets to have their own risk parameters while still accessing shared liquidity.

in simple terms:

deep liquidity underneath.

specialized markets on top.

that could make it much easier for new assets and financial products to plug into defi without fragmenting liquidity every time a new market is created.

this is why i’m paying more attention to $aave than just its token price.

the real question isn’t:

“how high can $aave go?”

it’s:

“how much of the future onchain credit market can aave actually become infrastructure for?”

if stablecoins keep growing, rwa adoption accelerates, institutions continue moving onchain and defi becomes more embedded into wallets, exchanges and fintech products, the lending layer becomes increasingly important.

and that is exactly the market @aave is trying to own.

the goal isn’t just to be the place where people borrow $usdc or $eth.

the goal is to make onchain liquidity programmable.

that’s a much bigger bet.

[Jusdiene @JusdieneFi]

@debiggest5 @worldcoinfnd Yeahh

[Jusdiene @JusdieneFi]

mentioned @worldcoinfnd in my funding roundup a couple days ago after its $52.5M WLD raise.

now things are getting more interesting.

Eightco just disclosed a 302M WLD position, while WLD has pushed higher over the past week with some serious volatility.

the interesting part isn’t just the price.

capital is starting to position around World’s thesis: identity + AI + a real-human network.

this is exactly why I like tracking funding beyond the headline number.

sometimes the real story starts after the raise.

[Jusdiene @JusdieneFi]

@0xRexnftcrypto @worldcoinfnd same. short-term volatility matters less if usage keeps validating the thesis.

[Jusdiene @JusdieneFi]

@Yubeekingston @worldcoinfnd exactly. identity could be the missing layer between humans, AI and onchain economies.

[Jusdiene @JusdieneFi]

@0xfablo @worldcoinfnd identity becoming infrastructure for the AI economy. that’s the play imo.

[Jusdiene @JusdieneFi]

@yield_sensei @EyoAugusti73181 that’s the risk worth highlighting. the infrastructure only matters if the wrappers are secure, auditable, and actually add utility.

[Jusdiene @JusdieneFi]

defi is quietly entering a new phase.

the interesting shift isn’t just how much capital is onchain, but what that capital is being used for.

stablecoins are sitting around $302B, while 7D DEX volume is up ~21% and perps volume is up ~33%.

at the same time, RWA products are moving deeper into DeFi, with Venus launching an RWA vault on BNB Chain.

the bigger thesis:

deFi is evolving from a place to farm yield into the liquidity and distribution layer for tokenized finance.

more RWAs → more collateral → more lending/trading → more onchain liquidity.

that composability could become one of the biggest DeFi narratives of this cycle.

[Jusdiene @JusdieneFi]

WEEKEND WATCHLIST FOR SPOT TRADERS 👇

next week isn’t about chasing whatever pumped hardest.

it’s about watching which pairs can actually hold strength.

here’s what’s on my radar:

→ $BTC/USDT: the market compass. can $BTC hold the breakout or turn $79K into resistance?

→ $ETH/USDT: the rotation test. ETF inflows are strong, but can $ETH keep holding the $2.4K area?

→ $XRP/USDT: momentum vs exhaustion. after that explosive move, does volume support another leg or do late buyers get trapped?

→ $SOL/USDT: my risk-appetite gauge. if $SOL keeps outperforming, alt rotation may have more room.

→ $LINK/USDT: the infrastructure play. tokenization + oracle demand makes this one worth watching if the narrative keeps attracting capital.

and one date matters:

AUG 26 → PCE + GDP data.

that could shake the whole board.

my approach next week:

don’t buy strength just because the chart looks good.

watch the breakout.

watch the retest.

watch the volume.

the best spot entries usually come when the market gives you confirmation, not when everyone is already celebrating.

[Jusdiene @JusdieneFi]

@Cadillac214 same here. hopefully this phase brings more real utility with it, not just another narrative.

[Jusdiene @JusdieneFi]

@just_johnny4 that’s the thesis i’m watching too. defi becoming the distribution layer for tokenized finance.

[Jusdiene @JusdieneFi]

@jrbabz exactly. the shift becomes much bigger once rWAs can move through defi without losing composability.

[Jusdiene @JusdieneFi]

@RealDea_n yeah, the interesting part is seeing which of these innovations actually turns into sustainable usage.

[Jusdiene @JusdieneFi]

@Tiger_aspect06 definitely feels like one of the bigger themes building underneath defi right now.

[Jusdiene @JusdieneFi]

@vietcong6868 Fr

[Jusdiene @JusdieneFi]

@0xyigido_ yeah, and real assets could bring a much deeper liquidity base with them.

[Jusdiene @JusdieneFi]

@evrendag1284 pretty much. liquidity is starting to look like the actual product.

[Jusdiene @JusdieneFi]

@MRR1572 $302B is already a serious base. the question is how much real-world activity gets built on top of it.