Jonafi @jhonatanvaldi18 - Twitter Profile

Stablecoin launches are skyrocketing: Western Union is the latest Fortune 500 company to launch a stablecoin, $USDPT, as volumes have skyrocketed. This follows Fidelity's first stablecoin launch, Fidelity Digital Dollar, $FIDD, for retail and institutional investors. As a result, the market cap of stablecoins on Solana has risen to $15 BILLION. However, when you zoom out, they are all the same product: peg to the dollar, back with reserves, and keep the yield. As a result, competition is growing with innovative stablecoins looking to return yield back to the ecosystem, such as the recent launch of Jupiter's $JUPUSD. As big players pile in, the stablecoin market is being disrupted.

KobeissiLetter's tweet photo. Stablecoin launches are skyrocketing:

Western Union is the latest Fortune 500 company to launch a stablecoin, $USDPT, as volumes have skyrocketed.

This follows Fidelity's first stablecoin launch, Fidelity Digital Dollar, $FIDD, for retail and institutional investors.

As a result, the market cap of stablecoins on Solana has risen to $15 BILLION.

However, when you zoom out, they are all the same product: peg to the dollar, back with reserves, and keep the yield.

As a result, competition is growing with innovative stablecoins looking to return yield back to the ecosystem, such as the recent launch of Jupiter's $JUPUSD.

As big players pile in, the stablecoin market is being disrupted.

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Jonafi @JhonatanValdi18

9 months ago

@24hrscrypto1 @SaluteXRPL Xrp en calle 50 waaaaa!!

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Who to follow

joshua makanju

@JoshuaMakanju

XtraterrsTreyel | 100X+ (aka - DC Aye)

@XtraterrsTreyel

The Future is NOW and CODE IS LAW‼️ I love it here! …Learning and growing from every experience!.. Always DYOR.. Live Learn LAUGH!..❤️‍🔥Do Only Good Everyday

Justin

@TiredBambooLaw

They say I'm a lawyer but it depends. Tweets should not be taken seriously, because as has been pointed out many times, I am not a serious person.

Jonafi @JhonatanValdi18

9 months ago

@shanaka86 @beyond_broke

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Jake Claver, QFOP

@beyond_broke

about 1 year ago

A $10 trillion financial disaster is looming and the Bank of Japan faces an impossible choice: let the yen appreciate and wreck export markets or work to defend bond markets and risk hyperinflation... Could XRP provide the third option they desperately need.