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RyanSAdams
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RyanSAdams
ยท
--
I asked for stablecoin summer but not like this Not like this
I asked for stablecoin summer but not like this
Not like this
RyanSAdams
ยท
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A lot of "L2s" just got booted to the "other" category after the @l2beat recategorization L2Beat not messing around The Sheriffs of user property rights
A lot of "L2s" just got booted to the "other" category after the @l2beat recategorization
L2Beat not messing around
The Sheriffs of user property rights
CELO
+0.02%
RyanSAdams
ยท
--
- GENIUS Act passed Senate - Circle up 6.7x from IPO - Tether holds 1.6% of all T-Bills - Treasury Sec calls for $3.7T stablecoins Stablecoin Summer. ๐๏ธ Ethena is the #3 stablecoin right now. Is ENA a buy? Best report i've read by @JustDeauIt. Can't believe this is free.
- GENIUS Act passed Senate
- Circle up 6.7x from IPO
- Tether holds 1.6% of all T-Bills
- Treasury Sec calls for $3.7T stablecoins
Stablecoin Summer. ๐๏ธ
Ethena is the #3 stablecoin right now.
Is ENA a buy?
Best report i've read by @JustDeauIt.
Can't believe this is free.
ENA
-4.19%
SOL
-1.34%
RyanSAdams
ยท
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Let's extrapolate. If U.S. Treasury Secretary is right & stablecoins grow to $3.7 trillion by 2030 somewhere around 7-10% of the entire U.S. M2 money supply will be on Ethereum. 10% of all world dollars supply on Ethereum. Ethereum = world ledger ETH = world reserve asset
Let's extrapolate.
If U.S. Treasury Secretary is right & stablecoins grow to $3.7 trillion by 2030 somewhere around 7-10% of the entire U.S. M2 money supply will be on Ethereum.
10% of all world dollars supply on Ethereum.
Ethereum = world ledger
ETH = world reserve asset
ETH
-0.28%
RyanSAdams
ยท
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Tether now holds 1.6% of outstanding T-Bills.
Tether now holds 1.6% of outstanding T-Bills.
RyanSAdams
ยท
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0% of the people saying this bought bitcoin under 10k i guarantee you
0% of the people saying this bought bitcoin under 10k i guarantee you
ETH
-0.28%
BTC
+0.82%
RyanSAdams
ยท
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Just recorded with Tether CEO @paoloardoino i've gotta say he's one of the most unassuming people i've met in crypto for the level of success he's had The Stablecoin King ๐ Biggest question going in...assuming GENIUS act becomes law is he aiming for USDT compliance or is he going to launch a new US domestic stablecoin? The answer was both. Really nuanced. You'll have to listen. And this was crazy. He said Tether made $13.7 billion last year. In profits. David and I almost fell out of our chairs. He also broke news that Tether is launching a new product this year... Starts with a W. Enough teasing, killer episode - out Monday on @BanklessHQ.
Just recorded with Tether CEO @paoloardoino
i've gotta say he's one of the most unassuming people i've met in crypto for the level of success he's had
The Stablecoin King ๐
Biggest question going in...assuming GENIUS act becomes law is he aiming for USDT compliance or is he going to launch a new US domestic stablecoin?
The answer was both.
Really nuanced. You'll have to listen.
And this was crazy.
He said Tether made $13.7 billion last year. In profits.
David and I almost fell out of our chairs.
He also broke news that Tether is launching a new product this year...
Starts with a W.
Enough teasing, killer episode - out Monday on @BanklessHQ.
RyanSAdams
ยท
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There's a lost generation of ETH holders who've never seen a true ETH bull market. But there's an upside. Cause whatever you think about ETH, no one can deny. ETH holders are diamond hands now.
There's a lost generation of ETH holders who've never seen a true ETH bull market.
But there's an upside.
Cause whatever you think about ETH, no one can deny. ETH holders are diamond hands now.
ETH
-0.28%
RyanSAdams
ยท
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Stablecoins give everyone with an internet connection access to the dollar and the U.S. banking system. They can use it for payments. They can use it to escape oppressive financial systems and runaway inflation that's stealing their wealth. Win for humanity. Win for crypto.
Stablecoins give everyone with an internet connection access to the dollar and the U.S. banking system.
They can use it for payments.
They can use it to escape oppressive financial systems and runaway inflation that's stealing their wealth.
Win for humanity.
Win for crypto.
RyanSAdams
ยท
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Of course Jump Crypto is back. Just what we needed in Crypto Season 5 - things were getting boring. We were missing the crime that made Season 4 so great.
Of course Jump Crypto is back.
Just what we needed in Crypto Season 5 - things were getting boring. We were missing the crime that made Season 4 so great.
RyanSAdams
ยท
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What's the killer app on Ethereum? The app is ETH. Programmable, uncensorable store of value with yield - supercharged by the DeFi economy. ETH = world reserve asset.
What's the killer app on Ethereum?
The app is ETH.
Programmable, uncensorable store of value with yield - supercharged by the DeFi economy.
ETH = world reserve asset.
ETH
-0.28%
RyanSAdams
ยท
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Safe to say the president will sign the stablecoin act as soon as it gets to his desk. He's telling the House to just pass the GENIUS act as is - no changes. Getting this done by the 4th of July is in play,
Safe to say the president will sign the stablecoin act as soon as it gets to his desk.
He's telling the House to just pass the GENIUS act as is - no changes.
Getting this done by the 4th of July is in play,
RyanSAdams
ยท
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i still can't believe the world's largest market just closes on U.S. holidays and weekends crypto is so obviously the future
i still can't believe the world's largest market just closes on U.S. holidays and weekends
crypto is so obviously the future
RyanSAdams
ยท
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If @rstormsf doesn't get fully funded we've truly lost the plot in this industry.
If @rstormsf doesn't get fully funded we've truly lost the plot in this industry.
RyanSAdams
ยท
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GENIUS stablecoin bill just passed in the Senate. The US is creating a Dollar 3.0โprogrammable, on-chain, 1:1 cash. Clear rules, big acceleration. Next up: House, then Trump signs. Bullish? Understatement. The U.S. will onboard the world to crypto.
GENIUS stablecoin bill just passed in the Senate.
The US is creating a Dollar 3.0โprogrammable, on-chain, 1:1 cash. Clear rules, big acceleration.
Next up: House, then Trump signs.
Bullish? Understatement.
The U.S. will onboard the world to crypto.
RyanSAdams
ยท
--
BREAKING: โ GENIUS stablecoin bill just passed in the Senate. The US is creating a Dollar 3.0โprogrammable, on-chain, 1:1 cash. Clear rules, big acceleration. Next up: House, then Trump signs. Bullish? Understatement. The U.S. will onboard the world to crypto. ๐๐บ๐ธ
BREAKING:
โ GENIUS stablecoin bill just passed in the Senate.
The US is creating a Dollar 3.0โprogrammable, on-chain, 1:1 cash. Clear rules, big acceleration.
Next up: House, then Trump signs.
Bullish? Understatement.
The U.S. will onboard the world to crypto. ๐๐บ๐ธ
RyanSAdams
ยท
--
ETH is scaling technology.
ETH is scaling technology.
ETH
-0.28%
RyanSAdams
ยท
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Tether generates more in profit than the entire annual tax revenue of most countries.
Tether generates more in profit than the entire annual tax revenue of most countries.
RyanSAdams
ยท
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BTC & ETH eat reserve assets (gold, treasuries) Stablecoins eat bank deposits Tokens eat stocks & bonds Crypto eats finance Software eats the world
BTC & ETH eat reserve assets (gold, treasuries)
Stablecoins eat bank deposits
Tokens eat stocks & bonds
Crypto eats finance
Software eats the world
BTC
+0.82%
ETH
-0.28%
RyanSAdams
ยท
--
1.51% is the max annual issuance of ETH. It will never go higher in the future. But it's always been lower in the past. Current issuance is 0.68% - that's lower than BTC. BTC has a supply cap. ETH has an issuance cap. ETH is digital oil. World Reserve Asset.
1.51% is the max annual issuance of ETH.
It will never go higher in the future.
But it's always been lower in the past.
Current issuance is 0.68% - that's lower than BTC.
BTC has a supply cap. ETH has an issuance cap.
ETH is digital oil.
World Reserve Asset.
ETH
-0.28%
BTC
+0.82%
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