With less hedge margin and more PT-kHYPE/HYPE loops, APR could be higher
On top of that, I earn weekly Hyperlend points and stay active on HyperEVM (assume my real APR will be above the base calc)
Thanks for reading, your support with a retweet and follow means a lot!
9/9
The First Trillion $ Stablecoin — and It’s Not Tether. Libra’s Back?
- Quick recap
Unless you’re brand new to crypto (or deep inside the Aptos/Sui community), you’ve probably heard of Libra and its wild plans. Back in 2019, Facebook dropped the news: they were launching a new Layer 1 blockchain with their own digital dollar, fully integrated into the Meta ecosystem (Facebook, WhatsApp, Instagram).
By 2022, under heavy regulatory pressure, Libra was officially shut down. There’s even a post by David Marcus (one of the key people behind it), calling it a "political kill"
https://t.co/J35xHa3plJ
- Why this matters
In the small world of crypto, Tether is the biggest stablecoin issuer. In 2024, the company made around $13 billion in profit (according to official report) — and that’s with a team of just ~50 people (Linkedin). By the end of 2024, they had issued over $140 billion worth of stablecoins. Sounds big, but it’s gonna look tiny soon.
Note: Stablecoin issuers take your real dollars and give you a token in return. You enjoy a slick, easy-to-use wrapper, while they invest your dollars in T-bills and make passive income (Tether’s portfolio is full of these).
Now imagine a new player entering the game — one with a huge user base that just needs a nudge (hi @PetraWallet 🙃) to start using stablecoins. Not some crypto startup, but one of the biggest web2 giants. Add in brand trust, potential for B2B adoption, and — surprise — government support (more on that below). And that’s just the business side, without touching the political power this could bring.
- The Libra links & key connections
Among the early investors in Libra (aka the Libra Association) was Thrive Capital. The guy behind Thrive? Joshua Kushner. His brother Jared is married to Ivanka Trump (yep, the president's daughter) and served as Senior Advisor to President Trump from 2017 to 2021.
- Let’s connect the dots:
• 2017: Trump becomes president. Facebook starts exploring blockchain technology.
• Libra development happens over the next few years.
• 2021: Trump loses to Biden. Libra runs into regulatory walls.
• Project dies. No happy ending… or so it seems. Aptos, Sui and Lightspark are actively developing.
• 2025: Trump again. "Meta Is Looking to Enter Red-Hot Stablecoin Market: Fortune"
- Libra 2.0? Or something else?
Remember Telegram & TON? The project was shut down by regulators, after which Telegram officially abandoned its plans. However, a group of "enthusiasts" continued development, and by 2023, Telegram x TON integration quietly began.
Meta doesn’t need to start from scratch if a working blockchain already exists. They just need to plug into the right one.
You already know where I lean — toward Aptos and Sui. But which one is it? Will it be the one who best fits the Meta logo 💧 or the one who shows results in the area Meta is interested in 🌐?
If this post gains enough interest, I’ll try to dig deeper into why Aptos might be the chosen one. Would also be great to hear from the Sui community on why they believe it could be Sui. Or maybe… it’ll be both?
p.s. Thanks to Aptos СTO @BuzzlamicJihad for writing "study Kushner" under someone's post😉
With @KiloEx_perp trading volume consistently reaching new highs, KiloEx has become the No.1 Perpetual DEX on opBNB! To better serve our users, we are excited to officially introduce two new roles: Verified Trader and Big Whale. Simply log in to Galxe using your preferred wallet, verify your Trading Points, and you'll receive OAT and Airdrop Points. Additionally, participate in our Discord community for exciting lottery events. We are committed to always listening to our users, and ensuring your trading experience remains our top priority. Don't miss out!
https://t.co/qo8KOf5YeI
🔥 Fuck Yeah! $MEME (@Memecoin) Fire Sale is 100% reserved in 42 min! I want to thank myself for all the honest work in making it happen.
You can still join the Sale if you have an Allowlist or Waitlist until October 27, 12AM PT/ 3AM ET!
P.S. $MEME FARMING WILL GO ON! LFG! 🧑🌾
Hey you 🫵
I'm pretty sure you were on X all day but in case you weren't, I wanna tell you that $MEME (yes, the @Memecoin I'm farming) is having the Fire Sale today!
Protip: If you have a WAITLIST wallet, come in the first hour for a 6.9X probability boost. You are welcome.
I just verified that the contribution from FOGOTOGOTO was included in the 🕯 KZG Ceremony 🕯 output!
Transcript sha256 hash: 0x8ed1c73857e77ae98ea23e36cdcf828ccbf32b423fddc7480de658f9d116c848
Verify your own contribution and claim your POAP: https://t.co/wsuz8b9XAC
Hi, my name is @k_sumysh, and I’m a $MEME (@Memecoin) farmer at @Memeland.
On my honor, I promise that I will do my best to do my duty to my own bag, and to farm #MEMEPOINTS at all times.
It ain’t much, but it’s honest work. 🧑🌾
Our zk light client built on @LayerZero_Labs is fully integrated on @Coredao_Org!
Core DAO is developing the Satoshi Plus ecosystem, building public chains on Bitcoin's PoW.
We will work together with Core DAO to drive the adoption of zero-knowledge proof technology on Core.
Congratulations on the launch of opBNB! 🔥🔥 A new Era of the scalability of @BNBCHAIN is coming! 🚀🚀
zkBridge is now live on opBNB! It's our great pleasure to contribute to the interoperability of the BNB Chain ecosystem with our zero-knowledge proof technology.
Dear @BNBCHAIN builders! We are excited to share our two tutorials to build Web3 applications with the ultimate storage solution powered by #BNBGreenfield.
1. Storing Messages on BNB Greenfield:
https://t.co/WrqjtyU3kI
We are delighted to partner with @SpaceIDProtocol to integrate the .bnb domains into zkBridge. 🌈
Users may simply enter .bnb domain names as the recipient address to enjoy full interoperability and data availability powered by #BNBGreenfield and #zkBridge.
Super excited to integrate zk light client with
@LayerZero_Labs. Now any cross-chain application can leverage the power of zero-knowledge proofs with a simple configuration update on LayerZero. Our strategic partnership will unlock the full potential of Web3 interoperability.