Stablecoins will pose a real challenge to interchange/merchant terminal business models over the next few years.
Small businesses will not pay a 3% charge when there is a product which is:
- free
- settles instantly (vs t+3)
- 99% uptime
On-chain token transfers also showing a market shift from NFTs to memecoins as the preferred speculation vehicle in crypto
Tokens without pictures ๐
Tokens with pictures ๐
Charts from a great @coinmetrics SOTN today
Fee market madness in two visuals - btc & eth fees spiking simultaneously for the first time in over two years, and the impact of Ordinals on the btc mempool size & feerate in 2023 (driving mining rewards off the charts)
1/ Here's why many trading influencers on CT might be completely wrong about ETH crashing post-Shanghai:
At most, 2.4 billion USD worth of ETH could be sold, over the course of many days, in a market that frequently does over 10 billion USD of volume daily.
Weโre excited to share, we have:
1) Raised $200M and now have a total of $458M in mission-driven funding
2) Decided to go FULL OPEN SOURCE at our next milestone
3) Reserved โ of a potential future token for the ecosystem
4) Formed a partnership with @OpenZeppelin
๐1/8