Sep Alavi

Life can only be understood backwards, but it must be lived forwards (SK)

[The Tie @TheTieIO]

If Stablecoins Win, Do Banks Lose?

At InnovateMiami:
Rajeev Bamra (@Moodys)
@SepAlavi (White Star Capital)
@kingchris (@fintech_io)

Moderated by @leeorgroen (@TheSpartanGroup)

The discussion explored how stablecoins are reshaping money movement, where banks may lose share, where they retain an edge, and how financial institutions are adapting.

Watch the full panel now: https://t.co/gaCNp6RAXV

[Sep Alavi @SepAlavi]

@KyleSamani https://t.co/CfCm25WYBS

[Sep Alavi @SepAlavi]

@defyneric @privy_io @dynamic_xyz @thirdweb @crossmint @turnkeyhq @magic_labs @raincards @Stablecoin @KulipaXYZ @wirexapp @iron @BVNKFinance @SeismicSys @UmbraPrivacy @dfnsHQ

[Sep Alavi @SepAlavi]

@Bkclaims 🎯

[CoinDesk @CoinDesk]

JUST IN: Europe's largest asset manager Amundi (€2.3T AUM) and @Spiko_finance launch tokenized mutual fund SAFO powered by @Chainlink, offering 24/7 transferability and near-instant settlement.

[Spiko @Spiko_finance]

Together with @Amundi_FR, Europe’s largest asset manager, we’re thrilled to introduce the Spiko Amundi Overnight Swap Fund, or SAFO, a new tokenized fund optimized for cash and collateral management.

🏛 UCITS-compliant.

🔄 Built on fully collateralized total return swaps with global systemically important banks, starting with BNP Paribas.

💰 Offering stable yields above risk-free benchmarks and overnight liquidity. Available in four currencies, with subscriptions/redemptions from as little as 1 EUR, USD, GBP, or CHF.

⛓ On-chain shareholder register, providing real-time transparency, flexible custody options, and 24/7 borderlerless transferability of fund shares.

⚡ Programmatic access via API and smart contracts.

[Daniel Barabander @dbarabander]

This is what hitting PMF looks like.

@plasticlabs is on an absolute tear because @honchodotdev is the best product for building stateful agents.

I use it personally for my agents and am never going back.

[Sep Alavi @SepAlavi]

@fintechfrank and @hodlwithLedn

[Honcho @honchodotdev]

Hermes(@NousResearch) can now build its identity across sessions 🫡🪞

→ Agent messages flow to Honcho, which reasons over them to build a persistent representation of the agent's identity
→ honcho_conclude lets the agent write facts back (preferences, corrections, context) which feed into Honcho's reasoning
→ Seed the agent's starting identity from SOULmd
→ Async writes with zero blocking

Run `hermes honcho setup`

Your Hermes agent just got long-term memory that actually understands who it's talking to and who it is.

[Alejandro @0xMarketMover]

https://t.co/ENFs1m6vwE

[Sep Alavi @SepAlavi]

@Bkclaims Let's get back to $100K first and then we can talk about $1M

[Sep Alavi @SepAlavi]

@Bkclaims This is amazing!

[Sep Alavi @SepAlavi]

@dgt10011 Never! @hodlwithLedn

[Sep Alavi @SepAlavi]

@mhiggins I bet we end the day green

[Ledn @hodlwithLedn]

In case you missed it: Ledn closed a $188M bitcoin-backed ABS rated BBB- on the senior notes under the offering by S&P.

What it took: An intensive evaluation using the same rigorous analytical frameworks applied to traditional assets. Plus, 8 years of focus, durability, discipline, and systems that perform across all market cycles.

https://t.co/smD4xYZZ6P

[Ledn @hodlwithLedn]

Ledn has issued the first investment grade-rated bitcoin-backed ABS in the digital asset industry.

The senior notes under the offering were rated BBB- by S&P. Plus, the ABS has been 2x oversubscribed, with institutional demand exceeding the $188 million offering size.

This is the first time a major global rating agency has provided independent, institutional validation of a digital asset lending portfolio.

Learn more: https://t.co/NqXq9UVeZH

[Sep Alavi @SepAlavi]

@HaileyLennonBTC Yes Ledn @hodlwithLedn

[Spiko @Spiko_finance]

$1B in AUM.

18 months after launching Europe’s first approved tokenized money market funds.

Here’s how we got here 🧵

[Alex Thorn @intangiblecoins]

this was probably my favorite panic dump in bitcoin history: march 12, 2020

btc dropped below the 200d MA from $8k to below the 200w MA in the $3ks basically in one night (>50% drop)

covid hysteria. fidelity had just told all employees to WFH indefinitely, the NBA had just cancelled its season the night before.

the bitmex liquidation engine was selling bitcoin hand over fist. some thought arthur would let it sell btc to zero. luckily, bitmex was taken down in “a DDOS attack” (thanks arthur 🤝)

buying during this panic was extremely satisfying. nothing fundamental about bitcoin had changed, but the world was drastically undervaluing it

we didn’t stay under the 200w MA for long, but it took 8 more months to climb back to a new ATH

[Sep Alavi @SepAlavi]

@JO_wintermute Couldn’t agree more!