"We are dealing with an economy whose currency is undervalued by between 25 & 30 %. This is such a massive competitive disadvantage that we must address it & we have agreed to do so".
It's a big step Merz put 🇨🇳currency undervaluation front and center at G7 meeting. Time to act.
Today, we’re launching the Avalanche Payments Collective.
Founding participants include Franklin Templeton, VanEck, Anchorage Digital, Paxos, Agora, Ethena, Rain, Axiym, Tassat, and others spanning the payments stack.
The Collective brings together companies spanning stablecoins, settlement, treasury infrastructure, foreign exchange, custody, card issuance, business payments, asset management, and global payouts.
Why?
Because the future of payments requires more than faster transactions.
Moving money globally requires liquidity, settlement, compliance, treasury management, custody, foreign exchange, and local payment networks working together as one. 🔺
28 leading organizations supporting payment flows across 150+ countries, 96 currencies, and ~22 billion payout endpoints are building on Avalanche.
Over the last several years, Avalanche has quietly become home to one of the industry's broadest payments ecosystems.
Now, that ecosystem has a name.
Read more: https://t.co/6AMvwHGIax
https://t.co/fJv8rwnBqj
Founding Members:
AeraTech @Anchorage@AxiymFinance@brale_xyz@coreapp@dakota_xyz@ethena@FTDA_US@grovedotfinance@krakenfx@Lynq_Network@meshpay NHN KCP @nonco_otc OatFi @opentrade_io@Paxos@raincards@RequestFinance@rise_pay SETTL @StraitsX@tassatgroup@vaneck_us@WisdomTreeFunds@withAUSD@wyostable@zerohashx
kilowatt-based economics - Bitcoin miners are becoming the landlords of AI.
New research from @vaneck_us shows the market is missing the pivot. It’s looking at BTC correlation and ignoring the massive infrastructure transition.
The bottleneck isn't the lease, it's the execution. There is a $50B funding gap between pipeline and delivery.
The real play is the pivot from energy to intelligence.
https://t.co/dyxlh6sbeT