🇺🇸 TODAY: JPMorgan, Citi and major US banks are launching a new tokenized deposit system to compete with crypto.
YESTERDAY: Stripe, Visa and Mastercard backed a new stablecoin platform.
Looks like the big companies already know the CLARITY Act is about to get approved.
nice to see @base cruising at 550 TPS
the chain can now burst up to 5K TPS, with a bunch more headroom coming in the months ahead now that we're on our own stack post-Azul
team has been doing an incredible job scaling
A new report from @Citi projects the tokenization market to reach $2.7 trillion to $8.2 trillion by 2030.
91% of that projected market is driven by tokenized stocks and bonds.
Even the bear case is bullish.
LATEST: ⚡ SharpLink CEO Joseph Chalom says he's "very bearish" on Bitcoin becoming a payment method and that stablecoins will be the new means of moving money on chain.
@scupytrooples If he hit real bottom than I would congrats him, because even if you however want it is more than hard. But some people have a lot of !luck.
1/ Meet Zachary Wolk (@zachxbt), the crypto investigator who's exposed $500M+ in fraud.
He investigated everyone. Nobody ever investigated him.
I found him in a free neighborhood paper. Also found ~$5M of "donations" from the people who never appear in his threads.
UNREAL:
🇮🇷 🇺🇸 Shipping companies have begun paying tolls to Iran to transit through the Strait of Hormuz.
In the last 2 days, more than 60 ships received transit permits after paying the necessary tolls. Per Persian Gulf Strait Authority.
Iran charges approximately $1 per barrel of oil. Up to $2 MILLION per fully loaded VLCC.
All payable in crypto.
Bitcoin. USDT. Chinese yuan.
Anything outside SWIFT.
Iran is generating an estimated $600-800 MILLION per month off this toll.