We’re exploring a Base network token.
It could be a great tool for accelerating decentralization and expanding creator and developer growth in the ecosystem.
To be clear, there are no definitive plans. We’re just updating our philosophy. As of now, we’re exploring it.
@andyyy Enemy of my enemy + BTC maxis lean socially conservative/libertarian in their personal politics which causes even more friction between them and the often quite lefty ETH people.
@Tiza4ThePeople @whalewaves_defi @OndoFinance That’s still the case afaik but their equities offering is more similar to their USDY token, which is freely transferable on secondary
@Tiza4ThePeople @whalewaves_defi @OndoFinance Only need to KYC with Ondo for primary issuance of their tokenized equities, secondary market trading is permissionless after that.
Nasdaq is asking regulators to let investors trade tokenized versions of stocks on its exchange, a move that could mark the first big test of blockchain technology inside the core of America’s equity markets https://t.co/s3DKCGqQcM
@letsgetonchain It doesn’t help that the eurozone has significantly lower gov bond and credit market yields than their USD equivalents. EURUSD probably needs to climb way higher from here to cause enough pain that there is significant demand for euro stablecoins onchain
@letsgetonchain Spiko’s Euro t-bill product has about $350mn of TVL, which is bigger than the market cap of EURC. Replicating something like Ethena for euros is probably more challenging due to market structure, there aren’t many liquid euro- denominated spot and futures markets to build it with