Drew Kessler

enjoying life!!!

[Drew Kessler @ddrewkessler]

Incline walks over treadmill sprints every time.

[mika 🎄 @amefripe]

so sexy to be the girl locked in on her health, working out consistently and only eating whole foods

[Drew Kessler @ddrewkessler]

@TTT_News_ @Celo @minipay @Textileprotocol onchain FX and real-world payments is a strong combo

[Drew Kessler @ddrewkessler]

Wild how gold sat underneath the whole credit stack.

[Eric Yeung 👍🚀🌕 @KingKong9888]

🔶Gold served as collateral for liquidity under the classical gold standard and interwar system in a few practical ways.

⭕️First, gold was the asset that backed the issuance of paper currency and bank deposits. Central banks could expand credit and create domestic liquidity only up to a multiple of their gold holdings, because most countries had legal cover ratios requiring a certain percentage of notes or liabilities to be backed by gold. Holding more gold let a central bank safely expand the money supply and lend more. Losing gold forced contraction. In that sense the metal was the collateral supporting the entire pyramid of credit.

⭕️Second, gold was the final settlement asset for international payments. When a country ran a trade or capital deficit, the imbalance was ultimately settled by shipping physical gold. Anyone holding gold (or a claim convertible into it) had the liquidity to pay foreign obligations that everyone accepted without question. This made gold the high quality liquid asset HQLA of its day.

⭕️Third, gold was used as direct collateral for loans between central banks and from commercial banks. It was common for one central bank to lend gold or currency to another against the security of gold held under earmark or in transit. The borrower received liquidity immediately while the gold remained pledged as security. Once the loan was repaid, control of the metal returned. The same practice existed with private banks in London and New York, though less frequently before the 1930s.

🎯Finally, large gold reserves improved a country’s ability to borrow in international markets. Creditors viewed strong gold holdings as evidence that the currency was sound and convertible, which lowered the cost and increased the availability of credit. In short, gold both constrained and enabled liquidity: it limited how much credit could be created, while simultaneously serving as the trusted collateral that made that credit possible both domestically and across borders.

#Gold #Silver

[Drew Kessler @ddrewkessler]

That black tee is a solid gym fit.

[xim 🃏 live for lyknest! @jwillestt]

MY GYM BOY 😳😳😳😳😳
HE LOOKS SO HUGE AND FINE IN THAT BLACK OUTFIT 😳😳😳

#williamjkp

[Drew Kessler @ddrewkessler]

Anyone else notice push-ups get shaky after cardio?

[Drew Kessler @ddrewkessler]

Stablecoin tap payments over QR codes all day.

[Drew Kessler @ddrewkessler]

Traditional payments starting to take blockchain seriously.

[Bitcoin China @BitcoinChina_]

TODAY: @quant_network has recorded a sharp increase in @Ethereum holders, adding 17,665 addresses in just 27 days, more than the number gained over the previous 25 months.

The surge brings its total Ethereum holder count to 185,332, following the selection of Quant by The Clearing House, which processes more than $2 trillion in payments daily.

This growth highlights rising attention toward Quant and its potential role in traditional financial infrastructure.

Investors will be watching whether the momentum continues as blockchain adoption across the payments industry expands.

[Fan Account | #BLM 🫵🏾 @BardiUpdatess]

Cardi B in the gym tonight (something certain people can learn from) via Instagram stories. 😇

[Drew Kessler @ddrewkessler]

Weekend stablecoin settlement still feels wild.

[Drew Kessler @ddrewkessler]

@MSBIntel @cosmos Financial plumbing getting interesting

[CryptoTweets @CryptoTweets]

JUST IN: Bank for International Settlements finds that stablecoins directly compete with traditional bank deposits, especially when interest rates rise.

[Drew Kessler @ddrewkessler]

Agents opening bank accounts is pretty wild

[X Crypto @XCryptozc]

Keeta just quietly shipped something big on GitHub.

A brand new repo went live yesterday: KeetaNetwork/keeta.md

In plain English, it’s an instruction manual written for AI agents. Point any AI at it and it learns how to move real money on Keeta.

What those agents can do:

- Open a US bank account in your own name (Bivo)
- Pay out to banks in 60+ countries
- Send money to debit cards with Visa Direct
- Move funds to Base, Ethereum and Solana (Bridge, LayerZero)
- Verify identity once with Footprint
- Pay per API call with x402

Put that next to Keeta Compute, the AI marketplace I broke down yesterday (post quoted below), and the picture gets clear. Agents can earn, spend, bank and get paid out, all settling on one network.

@schenkty and @KeetaNetwork are building the payment rails for the agent economy, and most people haven’t clocked it yet.

keeta:native $kta

[Drew Kessler @ddrewkessler]

He's moving pretty good to me 😂

[🚁 @SplashWRLD_]

gotta run off all that mac n cheese he had this summer

[Drew Kessler @ddrewkessler]

Actually making stablecoins spendable at checkout is huge.

[Avinash Kumar ✈️ token 2049🇸🇬 @0xavinash]

🚨 Pay with stablecoins. No Visa. No Mastercard.

We built a true stablecoin account that works on the POS terminals merchants already have.

Tap a card at a POS running our SDK and the payment settles in seconds. It goes stablecoin to stablecoin, without touching a card network.

What changes for the merchant:

→ better economics, with less card-network fees in the middle
→ same-day settlement
→ global coverage
→ they get paid in stablecoins or supported local fiat, whichever they choose

What changes for the customer: they pay straight from their stablecoin balance, and the tap feels exactly the same.

Underneath, @stableyardfi handles the whole flow, from account to acceptance to settlement.
For fintechs, wallets and banks, this is infra to offer stablecoin accounts people can actually spend.

I have shown in the demo how it works
If you're building in stablecoin fintech, DMs are open

[MRCΛULIMΛN @mrcauliman]

$XRP RUMOR CHECK

Apparently the Federal Reserve just priced $XRP at $327,000. Seriously? I’d love to see the paperwork on that one because nobody seems to have any. No Fed announcement, no filing, nothing. Somebody pulled a ridiculous number out of their ass and now people are running with it.

The Fed supposedly replacing the dollar with $XRP is making the rounds again too, along with CLARITY passing any day now. We’ve already checked this bullshit. There’s nothing new from the Fed, Treasury or Congress supporting those claims.

DTCC is getting dragged into it again too. People are claiming XRPL has four ways into DTCC’s tokenization system through Ripple Prime, Canton, Fireblocks and Securitize. Those companies have connections across the industry, but where’s the announcement saying DTCC selected XRPL or $XRP for settlement? There isn’t one. DTCC’s documented work uses Canton and Hyperledger Besu. Until DTCC actually announces XRPL involvement, quit telling people it’s already happening.

DriveWealth and Ripple announced a partnership today. They’re working on integrating RLUSD settlement on XRPL, starting in Europe with plans to expand into the U.S. The agreement also covers payments, custody and exploring financing services through Ripple Prime.

DriveWealth provides brokerage infrastructure, meaning it helps financial companies offer investing and trading services to their customers. Using RLUSD on XRPL could give those businesses another way to move and settle dollar payments. But the integration is just starting. There’s no reported production volume yet, and nobody announced institutions buying $XRP because of it.

Evernorth announced its first institutional partners too. Ripple, Kraken, Coinbase and BitGo are involved as the company prepares to use its treasury of about 473 million $XRP in institutional strategies during the fourth quarter. XRPN is already trading on Nasdaq. The partnerships are confirmed, but specific allocations and completed transactions haven’t been announced. Nobody has shown 473 million $XRP suddenly entering trading or lending markets.

Ripple also announced a partnership with Meritz Securities in South Korea to explore custody and tokenization. Meritz is a securities firm, and the agreement involves looking at how Ripple’s technology could be used in Korea’s financial markets. It’s Ripple’s fourth Korean institutional partnership this year. There’s no confirmed $XRP purchase or live settlement attached to it.

U.S. spot $XRP ETFs recorded about $740,000 in net inflows on Oct. 14, bringing cumulative net inflows near $1.8 billion. Nothing crazy about today’s number.

The DriveWealth agreement is the one I’m interested in here. If they actually start settling brokerage transactions using RLUSD on XRPL, we’ll have something we can measure. Right now they’ve announced the integration, not completed it. I’d like to see that next step happen before people start throwing around billions in imaginary settlement volume.

[Drew Kessler @ddrewkessler]

Three minute rests between squat sets make sense.

[Drew Kessler @ddrewkessler]

@Eeinyy real-time freezes make digital banking sound pretty rough

[NATIVE @Afc2_0]

Bro let hit the gym ,forget about love for now

[Drew Kessler @ddrewkessler]

Stablecoins at checkout should be the bare minimum.

[KING OF LUZANGA - Tola Joseph Fadugbagbe @connectwithtola]

It’s stup!d for crypto events to accept fiat payments as the only option for tickets.

We preach crypto adoption but we don’t practice it, even when it matters most.

It’s stup!d for crypto events to accept fiat payments as the only option for tickets.