To my great shame, I didn't know much about UTXO when I first saw the announcement, so I looked into what they do and why they partnered with Stacks.
UTXO is the asset management arm of @nakamoto, the same parent company behind @BitcoinMagazine, and the 20th largest Bitcoin
Treasury in the world. It's one of the few companies building Bitcoin investment products for institutions beyond simple BTC exposure.
They're different from companies like Strategy or Metaplanet, which mainly focus on buying and holding BTC.
Instead, UTXO focuses on BTC products for institutions, and institutions are usually cautious about anything that adds extra custody risk to BTC, like wrapping, bridging, or lending it on third-party platforms.
Literally trillions of dollars are sitting idle in Bitcoin held by institutions right now. There's an ongoing race to see who's gonna capture most of it.
Disclosure: I'm a $STX holder and long-time supporter.
Our brand account just crossed 20K followers 🚀
If you’re tired of "typical" crypto accounts and want:
→ real building in public
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Follow @RyderWallet
We’re building one of the most fun accounts in crypto with actual value behind it.
The best team in Bitcoin yield.
Been amazing working with @chigalakingsley the last 6 months.
Full redesign of @bitcoin_yield launching shortly.
(Hours, not days)
The Philippines' Presidential News Network just featured @RyderWallet.
That's not a crypto podcast, web3 Twitter space or a panel in crypto conference.
That's mainstream distribution in a market where most people are still learning what crypto is.
This is exactly the gap we're building for: the 90% of Southeast Asia that financial rails haven't reached yet. With @MoonPay, we can finally build the crypto neo-bank we wrote about 3 years ago.
If you're looking at emerging market fintech this is what early traction looks like before it's obvious.
@ivanhodl@KeithGrossman
As outlined in the emissions schedule, the Stacks halving has taken place.
Block rewards are now 500 STX per block, reducing new STX that enters circulation each day by 50%. Miners continue to secure the network at the adjusted miner incentives.
A few updates from across Google this week🧵
A new full-stack vibe coding experience is now in @GoogleAIStudio with the @Antigravity coding agent and a built-in @Firebase integration.
Turn your prompts into amazing production-ready apps.
The subtle distinctions we use to determine connection and authenticity will increasingly become the identifiers most impactful by those that treasure the value of being human.
Just saying.
This showcases the power of well-designed consensus for high-level economic activities of Bitcoin: Proof of Transfer PoX
Tell me one single protocol that rewards native BTC to its network users and I will delete this app
4,000+ BTC are earned by $STX network participant