🔥 NEW: Mastercard expands stablecoin settlement support with USDC, RLUSD, PYUSD, USDG, USDP and SoFiUSD across Ethereum, Solana, XRP Ledger, Base, Arbitrum and Polygon.
🔥 BIG: The SEC has approved Paxos as the first blockchain-native clearing agency in the US, a milestone for crypto and traditional finance convergence.
Hong Kong just quietly lit a new fuse in the financial system.
HSBC and Standard Chartered’s venture have been granted the first stablecoin issuer licenses by the HKMA. Fully regulated. Fully reserve-backed. The “wait and see” era is officially getting replaced by “build and scale.”
This is bigger than stablecoins.
Every TradFi perp on @Aster_DEX will settle in USD1.
→ Not alongside USDT. Exclusively.
→ Gold. Silver. Crude oil. More markets coming.
→ Both sides exploring integration across their respective tokens. 👀
🔥 BULLISH: BlackRock’s CEO Larry Fink says tokenization is inevitable and the future points toward one common blockchain.
What blockchain do you think he is referring to?
LATEST: 🇵🇰 Pakistan has agreed to explore cross-border payments using the USD1 stablecoin with SC Financial Technologies, a firm linked to World Liberty Financial, according to Reuters.
This is a BIG DEAL! (I almost never use CAPS 😆)
#Binance, the first to secure Global Licenses under ADGM
🔶Three licenses:
🔸exchange
🔸clearing house
🔸broker-dealer
🔶Global operations
🔶Full business coverage
🔶Top tier regulator
Onwards!
https://t.co/sICMoiQLFf
The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy. They can go find another “sucker!” There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America.
BREAKING NEWS
UNITED OVERSEAS BANK HAS SIGNED A MEMORANDUM OF UNDERSTANDING WITH THE SHANGHAI GOLD EXCHANGE TO CONNECT CHINA’S GOLD SUPPLY CHAIN TO ASEAN MARKETS
Big moves are still quietly happening.
mBridge, the international payments project backed by China, the UAE, Thailand and Hong Kong, may be shut down by BIS soon. However, its proponents still think the project can do a lot of 'public good.' By @quinnishvili.
https://t.co/GsN9xG9thQ