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🚨HYPE BUYBACKS FROM THE CIRCLE DEAL START THIS WEEK! Hyperliquid starts sending Circle USDC reserve yield into the Assistance Fund on October 3. The fund buys hyperliquid:native off the market. Estimates put this extra stream at about $135 million to $160 million a year, stacked on top of the...

30,255 Aufrufe • vor 4 Tagen •via X (Twitter)

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Native USDC is now live on Aptos! This marks a significant milestone for the Aptos ecosystem, empowering developers and users with access to the world’s largest regulated digital dollar. USDC powers innovative use cases: ✅Build secure apps for peer-to-peer payments, cross-border remittances, RWA settlement, gaming, and more ✅Supercharge DeFi with deep liquidity for digital asset trading and financial services ✅Empower merchants with global, instant, low-cost payment solutions that settle 24/7 Many leading ecosystem apps are expected to support native USDC on Aptos, including: Coinbase 🛡️, Echo Protocol, Petra, Pontem Labs (Liquidswap), Stripe Native USDC is officially issued by Circle and redeemable 1:1 for US dollars. There’s currently a bridged form of USDC in the Aptos ecosystem known as lzUSDC, which is bridged from Ethereum through the AptosBridge built on LayerZero. lzUSDC is not issued by Circle and not redeemable with Circle Mint. Native USDC issued by Circle: Token Name: USDC Token Symbol: USDC Mainnet Address: 0xbae207659db88bea0cbead6da0ed00aac12edcdda169e591cd41c94180b46f3b Testnet Address: 0x69091fbab5f7d635ee7ac5098cf0c1efbe31d68fec0f2cd565e8d168daf52832 Bridged USDC from LayerZero: Token Name: Bridged USDC (LayerZero) Token Symbol: lzUSDC Mainnet Address: 0xf22bede237a07e121b56d91a491eb7bcdfd1f5907926a9e58338f964a01b17fa::asset::USDC Developers can use our step-by-step migration guide for options on migrating bridged USDC to native USDC in their apps: CCTP is coming later this morning: With CCTP launching imminently, leading interoperability providers like Wormhole will enable seamless USDC transfers between Aptos and 9 other blockchains. With the addition of Aptos, USDC is now natively supported on 17 blockchains—with many more expansions planned this year. Start building with USDC on Aptos:

Circle

94,971 Aufrufe • vor 1 Jahr

Sold 32 coins. Bought 1,550. 48 times more, at a 15% discount, into the crash the market blamed on the sale. Strategy disclosed today that while everyone panicked over its $2.5 million Bitcoin sale, it was quietly buying the dip that panic created. 1,550 Bitcoin for $101 million, at $65,332 a coin, far below the $77,135 it sold for and below its own cost basis. The bears called the sale the first crack, a forced liquidation, the start of the death spiral. The answer was a buy 48 times the size of the sale that scared them. This is the machine we described: a state-contingent allocator. Above its funding line, it turns market access into Bitcoin. The sale was the exception. The buy is the rule. It also closed the question the sale opened. The cash reserve behind the preferred dividends had thinned to $900 million, about six months of cover. He rebuilt it to $1 billion in the same week. But watch how, because that is the real story. He funded none of it with coins. He funded it with $181 million of freshly issued stock, then spent it on Bitcoin and the reserve. The coins were never the funding source. The equity is. That is the flywheel working exactly as built, and the cost of it surfacing at the same time. Every turn now runs on issuing shares, and the premium that once made each share buy more Bitcoin than it diluted has compressed hard. He bought low. He sold his own stock low to do it. So the question quietly turns. It was never whether Saylor sells his Bitcoin. He just proved again that he buys far more than he sells. It is what each turn of the engine now costs in dilution, and how long the market keeps paying a premium worth that cost. He bought the dip. The dip was partly his own making. And he paid for it in equity, not coins.

Shanaka Anslem Perera ⚡

142,587 Aufrufe • vor 3 Monaten