Kri

1. Never believe anyone's price predictions.
2. Don't "diversify" into other cryptos; none of them are actually decentralized, everything except bitcoin is a shitcoin (yes, really), and it's all gambling. The point of bitcoin is not gambling, but to end modern day slavery (fiat currency).
3. When everyone you know is talking about bitcoin, you're at the top of a bull market. You'll likely be too exuberant to realize it though. It will be obvious in hindsight.
4. Don't "trade some altcoins on the side to get more bitcoin". You are not that smart, and the overwhelming probability is that you will get wrecked.
5. DCA into bitcoin. Ignore your emotions. Don't try to time the market. Just stack what you can every paycheck.
6. Don't be too excited about bitcoin; people will feel like you're scamming them even though you're just trying help.
7. Go to meetups & conferences. Don't be isolated. Bitcoiners are generally very awesome people.
8. When people ask you about how to buy bitcoin, send them to a BITCOIN-ONLY company. Example for why: My cousin bought bitcoin (on Coinbase) during the bull market, then sold it for shiba on the same platform and now she pretty much lost everything. Bitcoin-only companies are the safest option to keep newbies from doing newbie things.
9. Be on #bitcoin    twitter and nostr. Obviously if you're reading this, you're already here...but I didn't get on twitter until 2020 and can tell you that it's a lot less lonely hodling bitcoin when you see a bunch of other people on this platform experiencing the same things you are.
10. Be skeptical of influencers. Even me (I'm not a huge account, but still). Some are good, some are bad. Even if they have good intentions, their judgement can be clouded by bad incentives.
11. Stop trying to convince everyone you know that bitcoin will make everything better (even though it will). Instead, be a good resource for the people who eventually reach out to you about it. Be known as "the bitcoin guy" and let people come to you when they're ready. Have good content prepared for them to read/watch when they do.
That is all. It's been a great ride so far and I'm happy to know you guys.
#bitcoin #dyor #crypto2023

Dogecoin [DOGE] extended its slip below $0.1, its critical support zone. The memecoin breached $0.09 and dipped to August 2024 lows around $0.08 before rebounding to $0.093. 
At press time, DOGE traded at $0.09064, down 11.4% on the daily charts. Over the same period, the memecoin market cap fell by more than $1 billion, reflecting substantial outflows.
Dogecoin faces bearishness
DOGE exhibited stubborn weakness as the market shifted entirely bearish, and traders aggressively liquidated their positions. 
On the spot side, for example, the market exhibited total seller dominance. According to Coinalyze data, the memecoin recorded 3.1 billion in Sell Volume between the 5th and 6th of February. 
Over the same period, the memecoin recorded 2.6 billion in Buy Volume, leaving the market with a negative delta of 400 million. 

Source: Coinalyze
Often, a negative buy-sell delta suggests that sellers have the upper hand in the market and that their attempts have been futile. 
A sustained period of increased selling activity intensifies downward pressure, often a prelude to lower prices, as recently observed. 
On the futures side, traders aggressively closed their positions as they derisked and deleveraged. CoinGlass data showed that Dogecoin recorded $2.22 billion in Futures outflows compared to $2.18 billion in inflows. 

Source: CoinGlass
At press time, the memecoin’s Futures Netflow stood at -$39 million, improving from the previously recorded -$88 million. This increase in outflows indicates that many futures market participants closed their positions, either to limit losses or secure profits.
In fact, Open Interest declined 16.7% to $986.39 million, reflecting reduced market leverage, a clear bearish signal.
Can DOGE bulls reclaim $0.1?
Dogecoin strengthened its position below $0.1, as every market participant turned bearish and aggressively closed their positions.
As a result, the downward momentum strengthened, as evidenced by the Stochastic RSI. This momentum indicator fell further into the bearish zone, hitting 13 .70 as of writing.
A momentum indicator at such low levels suggested intense downward pressure, with sellers exerting total control over the market.

Source: TradingView
At the same time, the memecoin traded below its short- and long-term Moving Averages (EMAs), further confirming downward momentum.
These market conditions leave DOGE in a weakened position, risking further price losses. Thus, if sellers continue to offload, DOGE will likely drop towards $0.08 again.
For a meaningful trend reversal, bulls must increase buying pressure and reclaim the EMA20 at $0.11, setting the stage for a move towards $0.12.
Final Thoughts
DOGE continued its bearish streak, breached $0.09 slevel and fell to August 2024 lows of $0.08Dogecoin weakness persisted as investors across the market aggressively closed positions. 
$DOGE #DOGE #MarketCorrection

Air-gapped hardware meets native cross-chain execution
We’re excited to announce the RouteKit integration with ELLIPAL, bringing secure, native cross-chain swaps directly to ELLIPAL hardware wallet users.
With RouteKit integrated, ELLIPAL’s air-gapped, mobile-first wallet now enables users to swap assets across major blockchains without relying on wrapped tokens or centralized bridges. Everything happens natively, on-chain, and stays fully non-custodial.
This integration combines hardware-level security with modern cross-chain usability — without compromise.
What this integration unlocks
RouteKit acts as the cross-chain execution layer inside the ELLIPAL app, routing swaps through multiple decentralized liquidity sources to ensure reliability and best execution.
ELLIPAL users can now swap assets across chains like Bitcoin, Ethereum, Solana, and Zcash, while keeping private keys fully isolated on their air-gapped device.
Behind the scenes, RouteKit aggregates and routes liquidity through protocols such as NEAR Intents, Chainflip, and additional native swap routes — abstracting away all the complexity for the end user.
• No wrapped assets
• No custodians
• No manual bridging steps
Just native swaps, executed end-to-end.
About ELLIPAL
ELLIPAL is a leading air-gapped hardware wallet designed to keep private keys completely offline and isolated from online threats.
Using QR-code based transaction signing and a companion mobile app, ELLIPAL allows users to manage assets securely without ever connecting the wallet to the internet.
With ELLIPAL, users can:
• Store and manage digital assets with full air-gapped protection
• Interact with dApps via QR-code transactions
• Trade assets directly inside the app without exposing private keys
• By integrating RouteKit, ELLIPAL extends this security model to cross-chain swaps — without sacrificing usability or decentralization.
Why RouteKit
Cross-chain swaps are still fragmented. Supporting them usually means multiple integrations, wrapped assets, or centralized intermediaries.
RouteKit solves this by acting as a single routing and execution layer for native cross-chain liquidity.
By integrating RouteKit, ELLIPAL gains access to:
• Native cross-chain swaps across BTC, ETH, SOL, ZEC, and 200+ assets
• Multi-provider routing across multiple decentralized protocols
• Automatic route selection based on price, reliability, and settlement speed
• A future-proof setup that can support new chains and providers with minimal changes
Everything is handled programmatically by RouteKit, while users stay inside the ELLIPAL app from start to finish.
How it works
The user experience remains simple and familiar:
• Open the ELLIPAL mobile app paired with your hardware wallet
• Select the swap feature
• Choose the source and destination assets
• Review the quote, with all fees included
• Sign the transaction via QR-code on the ELLIPAL device
• Assets settle natively on-chain through the selected RouteKit route
• At no point are private keys exposed or funds handed over to a third party.
Why this matters
This integration shows that hardware wallets no longer need to choose between security and functionality.
With RouteKit, ELLIPAL can:
• Offer modern cross-chain swaps without compromising its air-gapped design
• Keep users in-app instead of sending them to third-party platforms
• Access deep, decentralized liquidity without building multiple integrations
• For users, it means peace of mind: every swap is non-custodial, hardware-secured, and executed natively across chains.
The cross-chain future with RouteKit
The ELLIPAL integration highlights RouteKit’s core mission:
make cross-chain swaps feel as seamless as same-chain transfers.
• More chains
• More liquidity routes
• Smarter execution
• Simpler integration
RouteKit is built to be the execution layer wallets and apps can rely on as cross-chain activity becomes the norm.
About RouteKit
RouteKit builds infrastructure for non-custodial, permissionless cross-chain execution.
Through its API and SDK, RouteKit enables wallets, dApps, and platforms to support native asset swaps across multiple blockchains including Bitcoin without exposing users to wrapped tokens or centralized bridges.
Integrators benefit from a unified interface to multiple liquidity sources, abstracted execution logic, transaction tracking, and flexible fee configuration. RouteKit is designed to be composable, extensible, and easy to integrate, allowing teams to ship cross-chain functionality without reinventing the wheel.

It was just hours ago, less than a day, when we wrote about XRP’s spectacular collapse as the asset plummeted to $1.11 for the first time since before the US presidential elections at the end of 2024.
This meant that it had shed over 50% of its value in a month as it peaked at $2.40 on January 6. Oh, how the landscape in crypto can change in hours sometimes, not even days or weeks.
What happened with XRP’s price since that local low has been nothing short of amazing. There were some signs about a potential rebound, such as the plummeting RSI metric, but even the most vocal XRP bulls were probably surprised by the extent of the rally.
After all, the cross-border token skyrocketed by 37% in about 18 hours – going from the aforementioned low to $1.54 before it faced some resistance and now trades around $1.50. This still represents a 34% surge in less than a day.
Santiment also weighed in on the token’s performance. The analysts acknowledged XRP’s rise in terms of market cap as well, as it now sits above BNB as the fourth-largest crypto asset.
They blamed the massive price pump in the past several hours on the overall network stability and growing activity on the XRP Ledger. Moreover, they showcased a chart indicating that Ripple whales went on an accumulation spree, with almost 1,400 separate $100K+ whale transactions (the highest in four months).

The ETF behavior will also be interesting to compare, but we would need to verify the data at the end of the trading day in the US. Preliminary data on SoSoValue shows a minor net inflow even for yesterday, but there’s no official confirmation as of yet, which is rather surprising.
$XRP #XRP #MarketCorrection

Hedera and Stellar prices are up by 15% and 10% respectively as altcoin surge.HBAR and XLM eye key levels, helped by Bitcoin’s swift rebound to $70,000.Analysts warn that prices may yet dip after the latest relief rally.
HBAR and XLM are up double digits as cryptocurrencies look for a swift rebound following Thursday’s steep crash that saw over $2.6 billion in leveraged positions wiped out.
The altcoins are up as Bitcoin, which crashed to $60,000 amid the bloodbath, leads the recovery with a rebound to above $70,000.
Gains for Hedera and Stellar mirror the sharp upticks for XRP, Flare, VeChain, and Kaspa. Ethereum, which dipped to near $1,700 on Thursday, was testing the resistance at $2,000.
HBAR and XLM price gains
Hedera’s token dropped to lows of $0.073 as top coins crashed late Thursday, but currently hovers above $0.093 as buyers eye the $0.10 mark given up this week.
An uptick of over 15% in the past 24 hours amid a 65% surge in trading volume (to over $420 million) signals the strong buying that follows the latest dip.
Bulls will eye year-to-date highs of $0.13, likely if market sentiment improves further.
Stellar, which has tracked gains by XRP in the past, also jumped on Friday.
The altcoin was up 10% at the time of writing, slightly off the mark seen with a 13% uptick during early US trading hours.
XRP’s 18% spike as prices touched $1.52 following a dump to $1.13 pulled the closely related XLM higher.
CoinMarketCap data showed Stellar traded around $0.17, sharply up from the lows of $0.13 reached earlier in the day.
XLM was inching higher on increased volume, which details indicate stood at a 24-hour high of $426 million. Stellar bulls had helped push the daily volume up by more than 56% over this period.
While sentiment remains well within the extreme fear territory, analysts say a break to $0.20 could allow for fresh bullish momentum.
Bitcoin tops $70,000 as cryptocurrencies rebound
Bitcoin (BTC) is spearheading the crypto sector’s latest quest for a swift turnaround following a sharp crash.
The huge leverage unwinding saw BTC fall to $60,000, with a $10,000 drop in 24 hours marking the biggest one-day rout since bears annihilated bulls during the FTX crash in 2022.
Gains have come as open interest expands, with shorts covering positions and fueling the climb to the critical $70,000 support level. Daily RSI also shows a bullish divergence.
Bitcoin price chart by TradingView
CoinShares says record ETP volumes, pause in whale selling, and BTC price moving below miners’ production costs are factors that have historically marked fresh accumulation “rather than the start of a new leg lower.”
However, crypto analyst Rekt Capital says bulls may yet have to take on bears.
The analyst shared his BTC price forecast as the cryptocurrency market bounced from Thursday’s crash.
According to Rekt Capital, a potential bearish acceleration is likely after another relief rally, with this based on Bitcoin’s historical chart patterns.
“History suggests there’s more downside to come,” he shared on X.
Bitcoin traded around $71,190 at the time of writing.
$HBAR $XMR #MarketCorrection

Predictive betting and stablecoins: a combination that accelerates on-chain finance
The world of predictive markets is entering a new phase of maturity. Platforms that allow users to bet on the outcome of political, economic and social events are evolving rapidly, and one of the main levers of this transformation is the direct integration of regulated stablecoins as a settlement tool.
The strategic agreement between a large prediction market platform like Polymarket and a stablecoin issuer like Circle, with the use of USDC for settlement, represents more than just a technical upgrade. It is a step that strengthens the credibility of the entire industry and brings it closer to the standards of regulated digital finance.
The goal is clear: to make predictive markets more transparent, faster in settlement and more reliable for a global audience.
Polymarket: the interface
Faster settlement and reduced risk
In the prediction markets, the settlement phase - i.e. the moment when bets are settled - is crucial. Delays, uncertainties or unstable payment instruments can undermine user confidence. The use of a widely adopted, dollar-anchored stablecoin such as USDC aims to solve precisely this problem.
Stablecoin settlement enables near-instantaneous and verifiable on-chain transactions, with a higher level of transparency than traditional closed systems. In addition, the use of a stable digital asset reduces exposure to volatility typical of unanchored cryptocurrencies.
For platforms, this means improved user experience and reduced operational friction.
Standardization of financial flows
The adoption of USDC also introduces a standardisation advantage. Using a stablecoin widely integrated into the crypto ecosystem allows for easier connections with wallets, exchanges and DeFi services. In practice, users can move funds between different environments without complex conversions, with obvious efficiency benefits. Among the most immediate effects of the integration of a regulated stablecoin are:
better speed in payments and redemptions;less uncertainty about the value of winnings;greater compatibility with existing crypto tools and infrastructures;complete traceability of transactions.
Polymarket and the evolution of prediction markets
From experimental niche to informative tool
Prediction markets have, in just a few years, gone from being niche experiments to tools observed with interest even by analysts and the media. In many cases, the probabilities expressed by the market have proven to be more dynamic and responsive than traditional polls.
Platforms such as Polymarket have contributed to this growth by offering markets on:
elections and political scenarios;central bank decisions;regulatory approvals;macroeconomic and technological events.
The integration of a more robust payment system is a further step towards the professionalisation of the industry.
Liquidity and trust as key factors
Two elements determine the success of a predictive market: liquidity and trust. Without sufficient capital at stake, prices do not correctly reflect probabilities. Without confidence in the settlement, users hesitate to participate.
The use of a recognised and widely verified stablecoin aims to reinforce both aspects, creating a more attractive environment for even semi-professional traders.
The adoption of USDC will ensure a uniform settlement standard anchored to the dollar, reinforcing market integrity and platform reliability as the number of participants grows.
Towards more integrated predictive markets in digital finance
The collaboration between prediction market platforms and large stablecoin issuers signals a clear trend: predictive markets are seeking legitimacy and infrastructural stability. No longer just decentralised experiments, but components of a broader digital financial ecosystem. If this model consolidates, we could see the emergence of prediction markets that are increasingly liquid, transparent and integrated with global digital payment systems. At that time, collective forecasting will not just be a speculative game, but a financial instrument in its own right
#Polymarkat #USDC $BNB

Bitcoin (BTC) whales and large holders have sharply reduced their exposure as the cryptocurrency slid toward the $60,000 level, according to fresh on-chain data.
Namely, blockchain analytics show that so-called whale and shark wallets, that is, those holding between 10 and 10,000 BTC, have been steadily reducing their exposure to the asset, judging by statistics published by crypto data intelligence platform Santiment on February 5. 
Specifically, these large holders now control “only” 68.04% of the total Bitcoin supply, a nine-month low, having dumped roughly 81,068 BTC over the past eight days alone. According to the same data, the new figure suggests increased selling pressure from major market participants during the recent downturn.
Bitcoin whale and shark statistics. Source: Santiment
Small-cap Bitcoin holders continue to buy
In contrast to whales, small-cap Bitcoin investors, often called “shrimps,” appear to be moving in the opposite direction. Indeed, these more modest wallets holding less than 0.01 BTC now account for 0.249% of total supply, a 20-month high. While the share remains small in absolute terms, Santiment suggests the rise reflects persistent retail dip-buying despite the broader market weakness.
Historically, however, this kind of setup, i.e., large holders distributing coins while retail accumulates, has often marked the early stages of bear market cycles. Accordingly, until retail investors show clearer signs of capitulation, larger players are more likely to remain comfortable selling, feeling little urgency to get back into the market.
In sum, the data appears to suggest that the Bitcoin correction is driven less by panic selling and more by a structural handoff from institutional-scale wallets to smaller, long-term hopeful buyers. This pattern, if history is anything to go by, implies we might be heading toward longer periods of price consolidation or further downside.
#MarketCorrection #WhenWillBTCRebound $BTC

In a multi-chain world, moving assets efficiently matters more than ever. Liquidity is fragmented, users operate across dozens of networks, and speed, cost, and reliability are no longer optional: they are expectations.
This is where Flake.exchange stands out as one of the most important tools in today’s on-chain ecosystem.
Flake.exchange is a next-generation cross-chain swap and bridge platform designed to make moving crypto assets between blockchains simple, fast, and capital-efficient, all from a single interface.
What Is Flake.exchange?
Flake.exchange is a non-custodial platform that allows users to swap and bridge tokens across multiple blockchains in one transaction. Instead of manually jumping between bridges, DEXs, and wallets, users can execute complex cross-chain actions with a single click.
The platform focuses on:
• Seamless UX
• Deep aggregated liquidity
• Optimised routes for speed and price
• Broad chain and token support
All while remaining fully on-chain and self-custodial.
Why Cross-Chain Swaps Matter More Than Ever
Crypto is no longer dominated by a single chain. Liquidity, users, and applications are spread across Ethereum, L2s, and high-performance chains. Without efficient bridging and swapping, capital becomes trapped.
Cross-chain swaps solve:
Fragmented liquidity
High gas costs from manual routing
Complex multi-step transactions
Poor execution prices
Flake.exchange removes this friction by abstracting the complexity away from the user, while still executing everything transparently on-chain.
Key Features of Flake.exchange
1. One-Click Cross-Chain Swaps
Flake.exchange lets users swap tokens across different blockchains in a single flow, eliminating the need to bridge first and swap later.
2. Optimised Execution & Best Routes
The platform automatically selects the most efficient path based on price, fees, and execution speed, helping users avoid unnecessary slippage and delays.
3. Wide Chain & Asset Support
Flake supports a growing list of major chains, L2s, and assets, making it a versatile solution for both retail users and advanced DeFi participants.
4. Fully Non-Custodial
Users always remain in control of their funds. Flake never holds assets or private keys, transactions are executed directly from the user’s wallet.
5. Clean, Intuitive Interface
Despite the technical complexity under the hood, Flake.exchange keeps the user experience simple, making cross-chain DeFi accessible to everyone.
The Best Way to Bridge to Hyperliquid
High-performance trading platforms like Hyperliquid require fast, reliable access to liquidity. Bridging assets efficiently is critical for traders who don’t want delays or unnecessary fees.
Flake.exchange offers one of the most efficient ways to bridge assets to Hyperliquid, by:
Reducing the number of transaction steps
Optimising routes for speed and cost
Minimising friction when moving capital cross-chain
This makes Flake an ideal choice for traders and power users looking to access Hyperliquid quickly and reliably without manual bridging headaches.
Why Flake.exchange Is an Important Project
Flake.exchange isn’t just another swap interface, it plays a key role in the broader DeFi infrastructure.
It matters because:
Cross-chain liquidity is foundational to DeFi’s future
Users need abstraction, not complexity
Capital efficiency directly impacts adoption
Speed and UX are competitive advantages
By focusing on chain abstraction and execution quality, Flake.exchange helps move DeFi toward a future where users don’t need to care which chain they’re on they just get the best result.
Security & Transparency
All swaps and bridges executed via Flake.exchange are:
• On-chain
• Verifiable
• Non-custodial
Users can independently verify transactions using standard blockchain explorers, maintaining full transparency and trustlessness.
Who Should Use Flake.exchange?
Flake.exchange is built for:
DeFi users moving liquidity across chains
Traders bridging to advanced trading platforms
Builders and power users who value execution quality
Anyone tired of manual, multi-step bridging
Whether you’re swapping stablecoins, moving assets to new ecosystems, or bridging to platforms like Hyperliquid, Flake.exchange provides a streamlined solution.
Final Thoughts
As DeFi continues to expand across multiple blockchains, cross-chain swaps and bridges are no longer optional infrastructure, they are essential.
Flake.exchange delivers a powerful combination of:
• Simplicity
• Speed
• Optimised execution
• Broad ecosystem access
For anyone looking to swap, bridge, or move liquidity efficiently across chains, Flake.exchange is positioning itself as one of the most reliable and forward-thinking platforms in the space.

Vanar Chain ($VANRY  ) is a Layer 1 blockchain engineered for mainstream adoption, particularly in the gaming, entertainment, and finance sectors.  It addresses common blockchain challenges, such as high transaction costs, slow speeds, and complex user onboarding, by offering ultra-fast transactions with fixed fees.  This design ensures scalability and cost-effectiveness, making it suitable for large-scale applications and microtransactions.  Additionally, Vanar Chain is environmentally conscious and operates with a zero-carbon footprint.
Central to Vanar Chain’s ecosystem is its native gas token, $VANRY , which facilitates transaction fees and supports network operations.  Holders of $VANRY can participate in staking, contributing to network security, and earning rewards in return.  The token has a capped supply of 2.4 billion, with distribution mechanisms designed to promote long-term sustainability and community involvement.  Furthermore, Vanar Chain’s compatibility with the Ethereum Virtual Machine (EVM) allows for seamless integration with existing decentralized applications and smart contracts.
How to Buy Vanar Chain (VANRY) in 4 Steps
Compare Crypto Exchanges – Explore our list of top cryptocurrency exchanges offering this token (VANRY) for purchase.Create an Account – Complete the registration process by verifying your email address and identity to access the platform.Make a Deposit – Fund your account using a Debit Card, Credit Card, Wire Transfer, or Bitcoin.Buy Token – Use your deposited funds to purchase the token (VANRY) seamlessly.
Binance
Binance is one of the world’s largest and most well-known cryptocurrency exchanges. The benefits of purchasing Vanar Chain (VANRY) here are lower fees than competing exchanges and increased liquidity, enabling you to buy and sell quickly to take advantage of market-moving news.
#vanar $VANRY @Vanar

Stablecoins are a fundamental, permissionless way to hold and move dollars anywhere. They have become a necessity for hundreds of millions of people globally.
There are exporters in Istanbul’s Grand Bazaar who go to cash shops every week to source USD₮ so they can keep their earnings in a currency they trust. There are store owners in Buenos Aires that pay their staff in USD₮ because stablecoin rails are a faster means of payment than the Argentinian banking system. There are commodity traders in Dubai that use USD₮ for cross-border trade, and there are workers all over the world who remit money back to their families using stablecoins.
In every case, the dollar is the product, and so much of the world is desperate to access it. 
The challenge with stablecoins today is there’s a lot of friction when using them. Many countries don’t have localized applications. People are stuck using generic crypto wallets. Converting between stablecoins and cash is difficult. Distribution is often reliant on centralized exchanges. Ultimately, the current interfaces for using internet-native money fall short.
Today, we’re announcing our solution to this set of problems with Plasma One, a stablecoin-native neobank and card.
The One App for Your Money
Plasma One is designed to give everyone, everywhere permissionless access to saving, spending, and earning in dollars, all in one application. It sets the benchmark for a global neobank, built natively for stablecoins. 
Spend while you earn: Pay directly from your stablecoin balance while earning 10%+ yields.Real rewards: Earn up to 4% cash back when you spend with any of our Plasma One cards, physical or virtual.Borderless coverage: Use your card in more than 150 countries at over 150 million merchants.Zero-fee USD₮ transfers: Send digital dollars instantly and for free to people and businesses on the app.Fast onboarding: Sign up, complete onboarding, and receive a virtual spending card in minutes, not days.
Why Plasma Building This
Two reasons put Plasma One at the core of what we are building.
The first is distribution. Plasma One lets us put software directly into the hands of people who face financial exclusion. The core premise of the product is that most people around the world want to use digital dollars in a permissionless way at scale, but they face barriers. Plasma One lets us unlock global access to dollars and offer saving, spending, earning, and sending functions that are designed for the realities of local markets.
Our focus is directed towards the markets where dollars are most in demand. For example, in cities like Istanbul, Buenos Aires, and Dubai, USD₮ serves different and nuanced use cases. We speak with people, merchants, and businesses in these markets every week. Their feedback is consistent, namely that no matter how useful blockchain infrastructure can be for developers via strong APIs and SDKs, end users still need a product they can open, trust with their savings, and use in daily life. Plasma One is built to meet that demand directly.
The second reason we’re obsessed with Plasma One is we want to build technology that uses our own infrastructure. Plasma One is part of how we ensure that our onchain payments stack is the most usable and reliable in the world. By being our own first customer, we are able to test, scale, and expand our payments stack with a quick feedback loop. As we build Plasma One, it allows us to fully incorporate the entire Plasma universe into one application bringing our DeFi ecosystem, exchange integrations, and payment partners into a single app with best-in-class pricing and liquidity as well as a single, coherent user experience.
Over time, these same building blocks we create will be available to external teams. Institutions, wallets, and payment applications will be able to launch on Plasma with infrastructure that has already been tested and hardened under real demand. Our vertical approach across chain, tooling, and app lets us optimize end to end and gives others a proven foundation to build on.
The Vision Going Forward
Plasma One is the product that makes our team’s vision for global money real. It’s how we deliver universal access to core financial services.
Plasma’s strategy to accomplish this is simple. We’re going to build the most efficient rails in global finance because stablecoins are cheaper, faster, and more reliable than legacy alternatives. We’re going to onboard the best partners in the world by working to connect on-and-off ramps, FX providers, card networks, and banks all in one seamless interface. We’re going to create world class products with Plasma One setting the high watermark for a stablecoin neobank in terms of utility, coverage, and user experience.
The success case for Plasma One is a person in any country being able to download the app, access dollars, earn yield safely at the best rates, tap a card at a store, pay a friend instantly for free, and be assured that their money is always secure. Success is a developer choosing our payment infrastructure because it has been proven under global demand, not just in a demo.
What Is Next
Plasma One is built to give everyone, everywhere permissionless access to the dollar and the financial system it unlocks. Access will roll out in stages so we can iterate quickly, ship new features, and scale to onboard billions. We are going to bring the world onchain through Plasma One.
#Plasma @Plasma $XPL