Real World Assets Poised to Be DeFi Growth Engine
Hello Defiers! Here's what we are covering today!
News
- Real World Assets Poised to Be DeFi Growth Engine: Coinbase
- Gensler Vows to Intensify Crypto Crackdown
- MetaMask Swap Expands To Arbitrum and Optimism
- Stablecoin Volume Hits Record High of $7.4T in 2022
Podcast
Video
Today’s Sponsors
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News
Real World Assets
Real World Assets Poised to Be DeFi Growth Engine: Coinbase
Leading Crypto Exchange Says Tie-ups Between DeFi and TradFi Assets to be Major Trend in 2023
By Samuel Haig
The push to marry DeFi with real world assets just got a big boost. Coinbase, the No. 1 U.S. crypto exchange with a $7.5B market cap, predicts that institutional entities will seek to use permissioned DeFi platforms, and drive innovations in the tokenization of real-world assets (RWAs).
Read the full story in The Defiant
Crypto Crackdown
Gensler Vows to Intensify Crypto Crackdown
SEC Chair Doubles Down on Vows to Force Crypto Platforms to Register Tokens as Securities
By Samuel Haig
Calling crypto a casino, Gary Gensler, the chair of the U.S. Securities and Exchange Commission, warned Thursday that the crypto crackdown is just getting started.
Read the full story in The Defiant
Sponsored Post
Hi, Jasper here – I’m the co-founder of Glo.
I know this is a bad time to advertise a “too good to be true” crypto project. But Glo is launching in Q1, so here we go… *clears throat*
Glo is the anti-poverty stablecoin. When its market cap goes up, extreme poverty goes down.
Glo is a nonprofit. When you hold Glo, you generate basic income for someone in extreme poverty. This happens completely automatically, at no cost to you.
On average, every ~$18K of Glo in circulation lifts one person out of poverty in countries like Kenya and Liberia.
Example. The ENS DAO (they govern .eth domains) holds $2.5 million of USDC in its treasury. If they use Glo instead, they’ll generate basic income for 140 people in extreme poverty. At no cost to the DAO.
That’s it. That’s the whole deal.
When stablecoins like USDT grow in market cap, the company behind the stablecoin profits. Glo works the same, except we donate 100% to people in extreme poverty via GiveDirectly.
Let’s show the world how crypto can give, not just take. We’re launching Q1 2023. Join the waitlist here.
Layer 2s
MetaMask Swap Expands To Arbitrum and Optimism
Swap Feature Has Facilitated $24B Of Trades Since Launch
Leading Web3 wallet provider MetaMask’s inbuilt swap feature now supports two Layer-2 blockchains: Arbitrum and Optimism. Swaps are also integrated into its recently launched Portfolio dApp.
Read the full story in The Defiant
Stablecoins
Stablecoin Volume Hits Record High of $7.4T in 2022
Stablecoin Surge Exceeds MasterCard and American Express
By Samuel Haig
Despite the crypto market turmoil of 2022, stablecoins set a new record total settlement volume this year, beating out every major credit card provider except for Visa, according to data from CoinMetrics.
Read the full story in The Defiant
Defiant Video
Daily Defiant
Why SBF’s inner circle abandoned him
Defiant Podcast
Notorious Threadooor Adam Cochran explains his Crypto Shopping and Shorting List
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