$28M $USD1 Earning with Concrete

USD1 has plenty of places to trade. But when it comes to lending and borrowing, it has a home. 🏔️ World Liberty Markets by @worldlibertyfi runs on Dolomite.

I reread this every year. I cry like a baby every year. Todd Beamer died a father, husband, and hero. Todd: Hello… Operator… listen to me. I can’t speak very loud. This is an emergency. I’m a passenger on a United flight to San Francisco. Our plane has been hijacked. Lisa: I understand. Can they see you? Todd: No. There are three that we know of. They have knives — razor knives, like box cutters. Someone announced from the cockpit there was a bomb. It sounded fake. Lisa: Your name?Todd: Todd Beamer. United Flight 93.Todd: They killed one passenger in first class. They forced most of us back. Fourteen of us here. Five flight attendants. The guy with the bomb ordered us to sit on the floor. Lisa: Are you okay? Todd: We’re going down… wait. No. We’re leveling off. We changed directions. We’re flying east again. Todd: A guy named Jeremy called his wife. She told him two planes hit the World Trade Center. Lisa, is that true? Lisa: I have to tell you the truth. It’s very bad. Both towers are gone. A third plane hit the Pentagon. Our country is under attack. I’m afraid your plane may be part of their plan. Todd: Oh God. Lisa, will you do something for me? Call my wife and my kids. Promise me you’ll call. Lisa: I promise. Todd: Our home number is… You have the same name as my wife. Lisa. We’ve been married ten years. She’s pregnant with our third child. Tell her I love her. I’ll always love her. We have two boys — David, he’s 3, and Andrew, he’s 1. Tell them their daddy loves them and he is so proud of them. The baby is due January 12th. I saw an ultrasound. We still don’t know if it’s a girl or a boy. Lisa: I’ll tell them. I promise, Todd.(Lisa patches in the FBI.) Agent: Todd, your plane is on a course for Washington. Best guess is the White House or the Capitol. Todd: I understand. I’ll be back. Todd: Everyone knows this isn’t a normal hijacking. We have decided we will not be pawns in their plot. Lisa: What are you going to do? Todd: Four of us are going to rush the one with the bomb. Then the cockpit. A stewardess is getting boiling water. We’ll take them out. Todd: Would you pray with me?They pray the Lord’s Prayer. Then: Yea, though I walk through the valley of the shadow of death, I will fear no evil, for thou art with me. Todd: God help me. Jesus help me.Are you guys ready? Let’s Roll.

RH is working wonders to show the world the power of blockchain rails for tradfi asset settlement. Just wait until they realize how bullish it is for $ETH as people continue to use it on RH chain as money

Combining variable rate for idle orders with fixed-rate lending upon fulfillment is a nice UX bump. Imo it's still a suboptimal solution for the fixed rate borrowing dilemma; risk shifts to lenders & borrowers win. If only variable rate lenders could always win...

Shared liquidity is the right abstraction when stablecoins become fungible with each other. Users can bring USD1 to @Gate and trade it as if they were trading any other stable, no swapping or special management required 🦅 ☝️

New week and there's plenty going on in the industry! What are people excited by or playing with?

We'll only see this "unification" of tokenized stocks if they truly become fungible with each other. We've seen this play out with the biggest stablecoins (like USDT, USDC, and USD1) where they can be reliably pegged to $1... But each tokenized stock seems to take a different stance on how they perform the tokenization, what rights the holder has if they blow up, dividend distribution etc. Let's hope the market helps pick the clearest winner with the best permutation of holders' rights, bankruptcy remoteness, and (if applicable) dividend distribution. Then, we'll see execution naturally pick the best one since it'll have the best liquidity & volume, becoming a self-reinforcing flywheel!

Proud of the team for moving fast and getting $USD1 live as Canton's first natively issued stablecoin. 🦅☝️

A major exchange moving $50M+ of stablecoin liquidity onchain is not a pilot. It’s a signal for more institutions to pile on. $USD1 is becoming infrastructure at global scale and the yield is powered by @Dolomite_io 🦅☝️ 🏔️

USD1 becoming useful means funding real economic activity, not just moving between trading venues to chase the next shiny thing. Short-duration cross-border settlement finance is a strong example of where programmable dollars can improve the capital stack More of this. 🦅☝️

Stablecoins are the gateway to bringing all of finance onchain. The real opportunity is building a financial layer around $USD1: payments, RWA markets, perpetuals, lending and collateral. One asset. Many rails. One ecosystem. 🦅☝️

The ticker is $ETH 😤

Effective immediately, Mack McCain has been appointed Chief Legal Officer and Chief Administrative Officer of World Liberty Financial and all associated entities. He will also serve as Chief Trust Officer of World Liberty Trust Company, National Association (In Organization). Mack brings more than a decade of experience at the intersection of financial services, technology and regulation. Before joining World Liberty, he served at Robinhood as Chief of Staff to the Chief Legal, Compliance, and Corporate Affairs Officer and Associate General Counsel, Regulatory, where he led legal strategy for the firm’s international brokerage, artificial intelligence and advisory initiatives. Previously, Mack served as General Counsel of Arta Finance and held senior legal roles at Charles Schwab and Scottrade, advising on complex matters involving broker dealers, investment advisers, custody and digital financial services. Since joining World Liberty as General Counsel, Mack has become an indispensable member of our leadership team. In this expanded role, he will oversee legal strategy, corporate administration and governance across the World Liberty ecosystem. As Chief Trust Officer, he will lead the development and execution of the trust, fiduciary governance and control framework of World Liberty Trust Company from organization through launch and into its ongoing operations under OCC supervision. Mack combines sound judgment and deep regulatory expertise with the urgency and commercial instincts required to build a category-defining financial institution. We have complete confidence in his leadership as World Liberty enters its next phase of growth.

Today is a major milestone for @worldlibertyfi Receiving conditional approval from the OCC to organize World Liberty Trust Company, N.A. opens a new world of possibilities for what we can build and how far USD1 can scale. We started with a vision to modernize an outdated financial system. This brings us one step closer to building federally supervised infrastructure that can connect digital assets with the global financial system at real scale. This isn’t the finish line. It’s an unlock for the next phase of WLFI. We are just getting started. 🦅☝️

Couldn’t be more excited for this team and proud of the work we put in for this application. Now, the real work begins with $USD1 at the center 🙌

World Liberty Financial is proud to welcome Ryan Ballantyne as our Chief Business Officer. Ryan brings more than three decades of experience across capital markets, derivatives, and digital assets. Most recently, he led Corporate Client Strategy at Coinbase Institutional.

Damn it’s so good to see the feed alive again and full of vigor

🗓 We're live tomorrow at 11AM ET / 4PM UK. @worldlibertyfi's Corey Caplan, CTO and Shawn Chong, Head of Marketing are joining us live on Spaces. Talking all things WLFI: USD1, WLFI Markets, cards, and enterprise. Set your reminders.

Champions deserve a bonus! 🤑 @Justin_Gaethje and @Ciryl_Gane earn the POTN bonus with two show-ending finishes at #UFCWhiteHouse! An additional $250K in USD1 will be awarded to tonight's Performance of the Night winners from @WorldLibertyfi Fund.