teskor

Nobody reads this anyway. Might have a few good ideas though

[teskor @teskorhub]

Revolut just launched its own euro stablecoin inside an app with 80 million customers.

EURR is designed to hold €1. It is issued by EU-licensed Bridge Building S.A. under MiCA, and it is launching on Polygon.

Eligible users will be able to move between euros, crypto, supported networks and external wallets from the same app.

Most stablecoins launch with a token and then hunt for users. Revolut already has the users, bank connections and on-ramp sitting in their phones.

The rollout is limited for now, with wider availability expected later this year. Revolut also says stablecoins tied to other currencies are already in development.

[Revolut @Revolut]

We’re rolling out EURR, our first euro-backed stablecoin, in the Revolut app.

[teskor @teskorhub]

$BTC-backed loans just got a feature DeFi should have had years ago. A borrowing rate that does not move with pool demand.

Tydro v2 lets users post Kraken's wrapped Bitcoin, borrow $USDC at a rate set by governance and keep the loan open with no maturity date or rollover. The first market allows up to 85% LTV.

It runs on Aave v3.7 on Ink. Kraken provides qualified custody, and each market can be isolated so one new asset does not automatically spread its risk across the whole pool.

For institutions, this matters more than another APY screenshot. They can price the loan before opening it instead of watching the rate jump because a shared pool got busy.

The catch is still crypto. 85% LTV leaves little room if Bitcoin falls, and liquidation, smart contract and liquidity risk do not disappear because the rate is fixed.

[Tydro @tydrohq]

https://t.co/0Eh90LrEYH

[teskor @teskorhub]

@stats_feed Green, white, and orange in that order

[teskor @teskorhub]

@Polymarket Meta wants everyone else to parent their users

[teskor @teskorhub]

@DefiLlama @Forgd_ Now token diligence comes with a scatter plot boss fight

[teskor @teskorhub]

@Polymarket The fintech M&A bingo card fills itself

[teskor @teskorhub]

@rasmr_eth 5'3" and still guarding the paint like a whale shark

[teskor @teskorhub]

@notthreadguy Waiting for the “any bears?” follow-up

[teskor @teskorhub]

@FirstSquawk Banks finally want the mint button too

[teskor @teskorhub]

@stacy_muur The celebrity launchpad remains undefeated

[teskor @teskorhub]

@zephyr_z9 30x faster, 240x the price is a bold business model

[teskor @teskorhub]

@Jeremybtc Bullpost first, questions later

[teskor @teskorhub]

@0xbrzz The final final WL application veleza

[teskor @teskorhub]

@zephyr_z9 The 3x gap matters more at long context lengths

[teskor @teskorhub]

@MustStopMurad By 2035 the pension fund is the exit liquidity

[teskor @teskorhub]

coinbase just made bitcoin usable for a house down payment without forcing you to sell it.

the mortgage is still conventional and underwritten by Better. your BTC is pledged as collateral for the down payment, while Coinbase says the product has no margin calls.

Coinbase One members can also get 1% of the loan amount back at closing, capped at $10,000.

the detail worth reading before the headline. Coinbase does not approve or service the mortgage, Better does. credit approval is still required, and pledging BTC may have tax consequences.

for a long-term holder, this turns bitcoin sitting in a wallet into a bridge to a house.

[Coinbase 🛡️ @coinbase]

Crypto-backed mortgages have moved in.

Borrowers in the US can now use Bitcoin as collateral for a down payment - without having to sell it or face margin calls.

Plus, Coinbase One members can get up to $10,000 back at closing.

[teskor @teskorhub]

@cb_doge @Starlink The group chat is airborne now

[teskor @teskorhub]

@TMTLongShort The macros are negotiating with the testosterone now

[teskor @teskorhub]

@stats_feed So pickles are just fermented berry trades

[teskor @teskorhub]

@0xZeroFomo @SorsaApp At least the performance review was honest