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rracbell

@rracbell

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@rracbell
Enjoying coffee and some fruit. So relaxing.
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@rracbell
Excited to have the right partners on board now!
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@rracbell
Since US President Donald Trump’s AI and crypto czar, David Sacks, announced plans for the White House to host a summit featuring industry leaders and policymakers, many are questioning what the focus of the event will be.
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Crypto exchange Coinbase recently filed a request under the Freedom of Information Act (FOIA) to the SEC seeking to discover how much the SEC spent on enforcement action against crypto firms.
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“Leveraging Mastercard’s payment network, MetaMask Card connects your self-custody wallet with millions of vendors around the world,” the company explained.
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CIFR saw a slight 2.2% bump in after-hours trading to $4.19. The stock is at its lowest level so far this year but remains up around 20% over the past 12 months.
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“We saw the correct UI, we saw the correct address, then signed it. It could be that all of the signer’s PCs were hacked and the UI was changed,” the CEO told viewers in the livestream.
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irlsnna72
@irlsnna72
In these regions, they’re not just a financial experiment — they’re a solution.
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ajilrev5
@ajilrev5
Momentum is growing in the United States around stablecoins, as a bipartisan group of senators introduced legislation on Feb. 4 to establish a regulatory framework. In his first address to the industry, White House AI and crypto czar David Sacks emphasized that stablecoin regulation is a top priority for the administration, with the former venture capitalist leading a task force set to draft key policies over the next six months.
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The case is due in Oslo District Court in September and is expected to run over 60 days.
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irlsnna72
@irlsnna72
While in richer, more advanced economies, stablecoins are primarily used in decentralized finance and as a bridge between traditional banking and DeFi, in emerging markets with limited financial infrastructure, their role is more fundamental yet essential, Cornell University Trade Policy professor Eswar Prasad said:
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In places like Brazil, a Latin American powerhouse with a population of 216 million and a $2.2 trillion GDP, the use of stablecoins has surged wildly in recent years, its central bank governor Gabriel Galipodo said. As much as 90% of the entire crypto flow is linked to stablecoins, the economist said while speaking at a Bank for International Settlements event in Mexico City on Feb. 6.
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In Argentina, he says, roughly two out of every three crypto purchases through the exchange are made in dollar-pegged assets. While Argentina’s financial indicators have improved under pro-crypto President Javier Milei’s market-driven administration, inflation remains high at 84.5% year-over-year.
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https://warpcast.com/yburilo73/0xc40e3b75
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ajilrev5
@ajilrev5
At any rate, stablecoin growth has been nothing short of spectacular. In the past year alone, they’ve tacked on a staggering $100 billion in market value, soaring to a total of $225 billion as of February 2025, according to DelfiLlama. USDt still reigns supreme, commanding over 60% of the market, but challengers — including those backed by financial powerhouses like PayPal— are rapidly gaining ground.
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burleb83
@burleb83
While the Trump administration lays the preliminary groundwork for crypto industry regulations in the US — with the White House’s new crypto czar expected to set the course in the coming months—these digital assets are already thriving in emerging markets. For precisely the good reasons.
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irlsnna72
@irlsnna72
https://warpcast.com/irlsnna72/0x63fd4f25
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This is despite ongoing fallout from “Libragate,” an insider-ridden memecoin launch that vaporized more than $4 billion in market capitalization on Feb. 14.
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Retail interest in memecoins spiked after US President Donald Trump’s advisory team launched the Official Trump (TRUMP) memecoin on Jan. 18, ahead of Trump’s presidential inauguration on Jan. 20.
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Meanwhile, crypto exchanges — including Binance.US and Coinbase — have been ramping up memecoin listings since Trump’s Nov. 5 election win.
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