(1/5) Keeta Stablecoins are live on mainnet.
KBUSD, KBEUR, KBJPY, KBCNY, KBGBP, KBCAD, KBMXN, KBAED, and KBHKD.
Bivo, a licensed money transmitter, issues each one and backs it 1:1 with funds held in regulated financial accounts.
From sign-up to KYB in one flow.
Create a business account, claim your Keeta tag, then verify your company, its owners, and its documents in one guided process. Review completes in 1 to 2 business days.
Open an account for your business today: https://t.co/oW1KyYkmZ0
(1/5) The Keeta Wallet just got a lot better.
Business accounts are now live.
Companies can complete KYB directly in the wallet and get full access to Keeta’s currencies, payment rails, and features.
I keep seeing people ask why, if Keeta has all of these companies working with them, we aren’t seeing those partners buying massive amounts of $KTA, and I really think people need to look at this from a real world business perspective instead of assuming that a partnership should automatically translate into somebody going onto an exchange and loading up on the token!!
Think about what would actually happen if that started tomorrow….
If several recognizable Keeta partners suddenly started buying millions of dollars worth of $KTA on the open market, you would obviously create demand, but you would also immediately wake up every holder who has been sitting on this token waiting for exactly that moment. People who have been underwater, early investors sitting on large positions, traders who have been waiting for volume, and people who simply want their money back would all suddenly have somebody on the other side of the trade.
That partner money could very quickly become exit liquidity!!
That doesn’t mean anything is wrong with and it doesn’t mean partners don’t believe in #Keeta (like so many like to claim) it is simply how markets work…when you have a relatively young asset, limited liquidity, large existing holders and a community that has been waiting for meaningful demand to finally show up.
And from the company’s side, why would a business want its first major interaction with Keeta to be spending millions of dollars accumulating a volatile token while potentially pushing the price against itself as it buys, it just doesn’t make any sense!! That is not how most serious companies/businesses think.
They are going to care about whether Keeta can save them money, settle faster, give them access to new markets, move different types of assets, connect payment rails, improve their infrastructure and ultimately make their business better. If Keeta can accomplish that, then the transactions, fees, liquidity and economic activity start coming naturally with actual usage…Keeta is very young!!
I don’t necessarily want to see Keeta’s partners become speculative KTA buyers just so we can watch the chart move for a couple of weeks. I want to see them become users of the network, because if the token economics work the way they are supposed to, eventually that usage itself should create the demand everyone keeps waiting for!!
There is a huge difference between forcing demand into a market and building something that creates its own demand.
The second one takes longer, and I know that has been incredibly frustrating to watch, but it is also the path that will lead @KeetaNetwork to success!!
🤙
One funny thing about history is that the best ideas rarely look like good ideas in the moment. They usually seem unrealistic, risky, or impossible. It’s only after they succeed that people look back and call them inevitable. Trust your own convictions.
The world's largest institutions need a cash management system that works across fiat currencies and public blockchains.
@KeetaNetwork is solving that problem by introducing tokenized commercial bank money, built on LayerZero's OFT standard.
@lukebelmar@schenkty Saying Keeta “lacks marketing” misses the point.
Keeta isn’t a meme coin. It’s financial infrastructure.
No manipulative marketing. We build real value.
Real infrastructure speaks for itself.
SWIFT didn’t need marketing.
With Luc Belmar, neither do we 🙃
The thing about crypto is that, at some point,
even those who hate it will be using it every day —
without even realizing it.
I’ll let you guess which system, used for decades for global payments,
now has a direct competitor built on blockchain 👀
$KTA #swift
From the White House to the Ondo Summit.
We're honored to welcome Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets, as a speaker at the Ondo Summit on February 3.
The future of U.S. crypto policy is being shaped at the Ondo Summit.
We would like to formally apologize to the @ethereum community for the recent spike in gas fees.
Trading demand for Ondo tokenized stocks drove 10%+ of Ethereum gas usage in the past 24 hours.
We appreciate your understanding during this time of onchain adoption.