Introducing Proof of Reserves for syrupUSDC & syrupUSDT.
Independent, third-party verification of the collateral backing every loan on Maple, powered by @The_NetworkFirm.
See the report. https://t.co/wdGDThR9YP
Tether Signs Big Four Firm to Complete First Full Audit, Setting a New Quality Standard for the Digital Asset Economy
Read more:
https://t.co/rtsB7l4nJL
Looks like the $KTA bottom is in.
$KTA becoming the first coin with a chartered bank is going to be crazy, knocks every neobank out of the water.
Current "neobanks" are all using shady agreements with PSP's and Corporate Card schemes to bypass laws and issue cards.
@KeetaNetwork will become the first project that is legally allowed to use crypto to spend in fiat like a bank.
These rails will be insanely valuable, and if you can't see it you're blind.
(1/6) Keeta Mythbusting:
Claim: Keeta's 11M+ TPS stress test was done using Google Spanner, which is the same as running a centralized network.
Here is why that reasoning is flawed 👇
(1/3) We’re excited to announce that Bridge @Stablecoin is now live as the first Fiat Anchor on Keeta Network!
Bridge enables seamless movement between fiat and stablecoins, allowing users to deposit or withdraw directly to and from their bank accounts with speed and reliability.
$KTA
Institutions need infrastructure that can settle trillions daily.
@KeetaNetwork makes this possible through its architecture.
Keeta uses DAG architecture where each account maintains its own chain of state transitions. Transactions process in parallel across the network rather than waiting in a single queue.
This eliminates congestion and fee spikes that happen when transactions compete for limited block space.
In a Google Cloud stress test, Keeta achieved peak simulated throughput of 11.2M TPS.
SWIFT processes roughly $7.5 trillion across 45M messages daily. Keeta’s architecture is capable of handling similar transaction volumes.
This represents peak throughput under optimal conditions, but even a fraction of this capacity would exceed current chains by orders of magnitude.
Consensus runs on delegated proof of stake with a layered validation process where representatives provide temporary votes before committing permanent ones.
This cross validation structure prevents errors while maintaining the speed of parallel execution.
The system decouples nodes from physical servers. Multiple servers can support a single node, which enables both vertical and horizontal scaling without network disruption.
Hardware can be upgraded or replaced without pausing the node's consensus role.
Keeta also addresses potential spam attacks through a dynamic fee system. Network owners can configure flat fees, percentage based fees, zero fee options, or split fees across currencies.
Keeta's infrastructure is built from the ground up for institutional settlement.
Suddenly, you're 27.
You make your coffee, rush to work, come home around 7, and you're too tired to do anything except eat, scroll on your phone, and pass out.
Then you wake up, and do it all again.
And when Friday comes, maybe you go out, or maybe you're just too tired. Then, out of nowhere, it hits you.
How did everything pass by so quickly?
You don't even feel 27.
You still feel like that 17 year old kid who thought they had all the time in the world.
But somehow, 10 years just disappeared. And you start missing the past. The feeling of being young, excited, and clueless.
But then you realize, one day, you'll miss this, too.
Being 25, being confused, being tired, but still trying.
So maybe the trick is to slow down a bit and actually live this chapter before it also becomes just another memory.
The point is no matter what age you are, you’ll miss these days. Life gets busy sometimes and it’s always a good time to stop and smell the roses.
Institutions are stuck using traditional settlement methods because current blockchains can't guarantee compliance at the protocol level.
@KeetaNetwork changes this by embedding regulatory controls into the base layer.
Cross border settlement today often requires banks to pre-fund nostro/vostro accounts, locking up trillions in working capital.
Keeta's Zero Liquidity Model eliminates this by enabling atomic FX swaps that settle in seconds with cryptographic finality, turning idle capital into productive liquidity.
SWIFT processes trillions daily. Every flow loses 4-8% to intermediaries, FX spreads, and settlement delays.
Keeta isn't competing with other L1s but the financial infrastructures that moves trillions across borders annually.
Identity certificates attach verifiable KYC credentials directly to wallet addresses using the X509 standard.
Banks can confirm a wallet is compliant without seeing personal data, removing the need for offchain verification.
Anchors let banks and payment processors create tokenized representations of fiat circulating onchain with compliance controls.
A business can mint EUR through one anchor, transfer it on Keeta instantly, and have the recipient redeem it locally through their bank's anchor without touching intermediaries.
Keeta has partnered with SOLO and Agora to complete the institutional stack.
SOLO's PASS platform creates verified financial identities that aggregate KYC information, income verification, and credit behavior into credentials that smart contracts can query for underwriting decisions.
Agora brings institutional liquidity through KUSD, a fully collateralized USD stablecoin where yields from treasury reserves flow into KTA buybacks as adoption increases.
If institutions adopt blockchain settlement infrastructure, they will choose systems that prioritize compliance and capital efficiency. Keeta is positioned to be that system.
Thank you to Wyoming Blockchain Symposium Grand Teton Sponsor, @KeetaNetwork.
Keeta Network is a high-performance layer-1 blockchain network designed to serve as a common-ground for all asset transfers.
Jackson Hole, Aug. 18-21 -- Learn more: https://t.co/i0DCbYD8pN
Ty Schenk, Keeta's CEO, discusses the utility and demand of the $KTA token on Keeta Network.
This is just the beginning. We greatly appreciate everyone's support on Keeta's journey to connecting the global economy.