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lsukernik
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Public markets sure seem to be buying the story that stablecoins will be disruptive to existing payments giants
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lsukernik
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Will be interesting to see what happens to Circle’s stock when lockups end in Dec and rates go down around the same quarter
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Heard from a Brazilian operator that the IOF taxes in Brazil are pushing people to sidestep them with stablecoins Would like to better understand these developments. If anyone is familiar, please DM!
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Hyperliquid is currently trading at ~50x annualized revenues, with 100% of revenue being volume-sensitive For reference, here's a screenshot from chat showing multiples for other US-based exchanges The market is is essentially pricing Hyperliquid based on the L1 premium even though that's not backed up by on-chain data yet
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A trend I suspect we'll see more of is project teams creating governance proposals to move some of the community treasury to the team for recruiting/retention/growth reasons The market is unlikely to like it, but think it'll work just fine for teams who spend the tokens wisely
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Have a very unique opportunity for someone who is a former/current investment banker + crypto native Please DM!
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