$ETH Stable and DeFi TVLs are higher than the next 20 blockchains combined.
Nearly half of those 20 are also L2s built on $ETH.
If you think $ETH is dead, it might be time to pack it up and get a real job.
DeFi is built on $ETH.
Once you play around in the $SOL ecosystem, it feels super fast, slick, inviting and easy for the user.
The best comparison is SOL is Apple and ETH is Android.
Both win. Huge.
Take care of yourself and take care of others. Daily investment in the 6 pillars is the way: morning sunlight, daily movement, quality nutrition, stress control, healthy relationships, deep sleep. Re-up every 24hrs so you can contribute and support others consistently too.
The early internet had its fair share of skeptics. Today, it’s blockchain's turn. @cuysheffield, Head of Crypto, explains Visa's POV on #blockchain networks and why financial institutions should take note: https://t.co/BySAwQWfSu
Visa's @solana integration, under the hood 🚘
A key player within the payments system is the "merchant acquirer." When you buy something from a store, the merchant acquirer ensures that the funds move from your bank account to the store's.
Where the store typically has to wait days for the funds to hit their bank account, they can receive $USDC instantly, 24/7 over the Solana network. No more banking hours or holidays.
Visa will now leverage its unique market positioning to work directly with merchant acquirers, which have downstream distribution to retailers. Worldpay and Nuvei, the initial partners with Visa, represent a healthy portion of the merchant acquirer industry, together pulling in ~$5.6 billion in revenue in 2022.
However, a key challenge still remains — consumers need a reason to hold and transact in USDC. A compelling consumer app that pays out users in stablecoins is needed to start a flywheel where users interact with an app, acquire USDC, and then make additional purchases with it. This would also create demand pressure on merchants to accept stablecoins as a means of payment.
In any case, thanks to the core infrastructure upgrades pushed forward by @Visa, this now shifts the pendulum back toward applications to bring stablecoins to the masses and get the flywheel going.
1/🏦Breaking: Visa Expands Stablecoin Settlement Pilot to Solana
@Visa is scaling their USDC settlement pilot to include the Solana blockchain, enabling enterprise-grade throughput at virtually no cost for Visa issuers and merchant acquirers on Solana. https://t.co/rF5ouZaISM
Twitter (X) Acquires Required License to Add Crypto Payments
X may possibly introduce cryptocurrency sending and receiving feature to its millions of users worldwide.
https://t.co/AeEe84VhfK
It's hard to believe that $AVAX, $SOL and $LUNA were all simultaneously trading above $100 just 16 months ago.
Now one's at 0, one's at $10, and the other isn't far off.
🧵: But there are some CRUCIAL lessons to learn here. Here are 4 that will help you succeed going forward.👇
My new book, Broken Money, is now available on Amazon.
Paperback and hardcover versions are currently available, with ebook and audiobook versions on the way. It'll also be available through other distribution partners soon as well:
https://t.co/OgmNgf2M9i
Shopify accounts for 10% of total U.S. e-commerce and $444 billion worth of global economic activity.
The average cost per transaction using @solanapay & #USDC is $0.00025 (vs. 1.5-2.5% credit card fees).
These are the types of 0-1 improvements powered by crypto that can lead to real, sustainable adoption.
Base is open and Onchain Summer is here 🟡
Become a part of Base history by minting “Base Day One” to join the story of bringing the world onchain
Our story.
https://t.co/qaDj7CBCMd