As Textile FX crosses $70M in all-time volume, we wanted this milestone to reflect the voices behind it. 💓
This one’s for the team behind it and the community trading on it.
Because behind every milestone, it's the people who matter most. Thank You.
Tomorrow, Oct 27 at 3 PM GMT, Artu, Beni & Ghoza go live w/ @be4oit, co-founder & CTO of @TextileProtocol, to break down the "Stable Agents: Open Corridors" track!
Live on CeloDevs' X & @Celo's YT: https://t.co/bOXDWe1Pqb
A huge milestone For Textile FX.
We just crossed $50M in total transaction volume across every network.
Four months ago, that number didn't exist and neither did half the currencies that just helped build it.
Experience borderless settlements:
https://t.co/K5hfVs1zNC
Textile weekly recap: Five new milestones recorded last week.
◽️$2M+ traded in a single day.
◽️$IDRX volume passed $6M+ in 12 days on @Celo
◽️Celo network: $9M+ in total transaction volume on Textile FX.
◽️A new @cngn_co milestone, with over $15M naira <> USDT traded.
◽️$27M+ total volume transactions across all networks.
New corridors are finding depth quickly, and the corridors already live keep growing alongside them.
Trade any of them → https://t.co/XtDfuYhxYH
Just last week:
1. $IDRX volume reaches $1M on @Textileprotocol
2. @RipioHQ $wARS, $wBRL & $wCOP local currencies support by Celo native x402
The proof is stacking, Celo global payments and FX are inevitable
Celebrating 100 days of Textile FX 🎉
💸 $15.3M traded
🔁 5,317 swaps
👤 645 traders
$360K in June → $7.8M in August.
Liquidity providers compete. You take the best price. Funds stay in your wallet until execution.
Proud of the team. More corridors next 🚀
BREAKING: @idrx_co, the regulated, fiat-backed Indonesian Rupiah stablecoin, is live on @Celo and trading on Textile FX🇮🇩
IDRX is backed 1:1 by Rupiah reserves & government bonds, independently audited.
Textile, @RipioApp, and @Celo collaborate to create the cheapest way to move between the Argentinian peso and the Brazilian real.
wARS and wBRL, part of Ripio's wFIAT stack, are now live on Celo and trading on Textile at record rates. settled in seconds, on-chain.
and soon, all across latin america.
full story: https://t.co/bJ8HaomFqh
trade: https://t.co/XtDfuYhxYH
@marek_@sserrano44 @MarkusMento
building in public:
Textile v2.0.215
⚖️ Settlement: COPm lifecycle with Safe wallets
🎨 Frontend: v3 homepage, pool health dots, team page
📊 Subgraph: pool health scoring from on-chain repayment data
154 commits. sleep is for protocols that don’t ship.
https://t.co/o4PgfXgySr
$315K deployed in less than 30 days
we said private credit infrastructure was too slow. we built something faster.
6 pools across five countries prove it works.
🗞️ @TextileProtocol, the self-service platform for onchain private credit, is now live on Celo!
Today, fintechs in emerging markets face a $5.7T financing gap between the capital they have & what they need to scale
Keep reading for how Textile is building to bridge this gap ↓
For the last months, I’ve been building @Textileprotocol
Together with @TBariach, we’ve been designing the infrastructure that lets fintechs originate tokenized credit and connect with global private credit based on how they perform, not who they know.
Today it’s live!
Textile is live ⚡️
Private credit, now programmable.
Credit companies can deploy pools in minutes.
Capital providers can discover yield opportunities.
Trust flows on-chain.
Welcome to internet credit markets 🧵
https://t.co/y2u1QbSsv6
My home also can be unlocked with Ethereum, by verifying a NFT (ENS) ownership.
In this example, the system verifies if I have an ownership of piyo.eth @ensdomains.