BREAKING: Hyundai moved $20,000 between its US and Mexico units in USDT on Avalanche, settling in seven minutes.
Conventional interbank transfers take three to four hours; Hyundai Card ran the pilot with Tether, Ava Labs, and payments firm Axiym for a real intercompany settlement.
avalanche C-chain hit 80m monthly transactions, up 4x in 12 months. AVAX is at 5-year lows. the disconnect: 70% of those transactions are USDC transfers, fees were cut 96%, and ACP-77 removed the 2,000 AVAX validator stake requirement. burn rate is now 24% of what it was despite 6x more volume. avalanche treasury co. IPO'd at $675m, now down 95%, CEO resigned july 3rd, going-concern warning filed. the entity built to be the institutional AVAX bid is disintegrating. circle earns reserve yield on every dollar flowing through the network. ava labs earns a fraction of a cent per transaction. first L1 to explicitly choose network adoption over token value capture. the network is winning. the token is subsidizing circle's business model.
@sdho let’s say she is not a refugee but her parents for sure were
now tell me as a parent that fled a civil war torn country - will you allow your child to go back there or was it all a scam
@amuse@BreitbartNews this is all true but none of it matters
in the middle ages these were the rules the conquers can do whatever they wanted
now imagine if the roles were reversed
fvck you @JohnLeguizamo
@DhruvRevived@Cristiano@selecaoportugal majin not knowing when to stop with your career and the ego getting the best of you
majin taking a spot on the team and being on the pitch for the duration and doing jack squat
THE BLOCK: Avalanche treasury company AVAX One announced a CEO transition after Jolie Kahn stepped down effective July 3.
COO Pete Wylie Jr. will serve as interim CEO as the board looks for a permanent successor.