The night before yesterday, I casually shared a piece of news in the girls' group, saying that MoneyGram has become the @MidnightNetwork node operator.

I originally wanted to show off the recent projects I’ve been following, but the group exploded.

A sister who works in corporate banking popped up first: “MoneyGram? Isn’t that the one that does cross-border remittances? I deal with these types of institutions every day, how could they possibly touch blockchain?”

I said you can see for yourself, the exact words of their Chief Product Officer are here: “Working with @MidnightNetwork to operate the node, ensuring privacy, compliance, and reliability are built in from day one.” Pay attention to the wording - “ensure,” not “explore.”

She was stunned for a moment.

Another sister who works in auditing at one of the Big Four also popped up: 'Wait, you said this chain can protect privacy, but it can also be viewed by auditors?'

I said yes. This is called 'rational privacy'—default privacy, but with optional disclosure. For example, the tax bureau can confirm whether a transaction exceeds the declaration threshold without needing to see the entire invoice details. Banks can verify if your credit is sufficient for a loan, but they cannot see where you spent your money last month.

She fell silent for three seconds after hearing this and then sent a facepalm emoji: 'Isn't this exactly what I've been thinking about every day? Clients want us to audit but don't want to show us all their dirty laundry.'

The third one to pop up is someone who works in marketing at a foreign company and usually scoffs at the crypto world. She asked, 'So what does this have to do with ordinary people like us?'

I said the connection is: MoneyGram does cross-border payments in over 200 countries with nearly 400,000 agents. It chose Midnight to run nodes, not because it is optimistic about the coin price, but because it wants to use this chain for compliant remittances. Vodafone's Pairpoint is also involved, working on the IoT economy—enabling devices to trade independently. eToro is also in, a Nasdaq-listed company with 35 million users, and the chief blockchain officer said, 'All assets will eventually go on the chain.'

In addition to Google Cloud, Blockdaemon, Shielded Technologies, and AlphaTON Capital (representing Telegram), a total of seven institutions are personally running nodes.

What level is Blockdaemon? It safeguards over $110 billion in digital assets for more than 400 institutions. @MidnightNetwork

The atmosphere in the group started to change. The sister in auditing said, 'So your point is that these big companies are not here to speculate on coins, but to find tools?'

I said yes. What they are looking for is not a speculative target, but infrastructure. After the mainnet goes live, if MoneyGram really brings its business online, there will be hundreds of thousands of transactions every day needing to burn fuel. And Midnight's fuel is called DUST, which cannot be traded but can only be generated by holding NIGHT.

A sister working in banking asked, 'So $NIGHT how much is it now?'

I said around 0.048, down 22.5% this week. There are 57,079 holding addresses, which have grown by 300% since the Glacier airdrop. The market cap is 870 million.

She sent a thinking emoji: 'So it's down, but the addresses are increasing?'

I said where there is someone selling, there is someone buying. Over 8 million people received airdrops, and now there are still 57,000 left unsold, or sold and then bought back. The remaining people are likely to think there is something worthwhile after reviewing the information.

The sister in marketing finally asked, 'So can I buy it now?'

I said I don't know. But I do know that if MoneyGram, Vodafone, and eToro really get their business running, $NIGHT the demand logic will be established. The mainnet goes live at the end of March, in two weeks. At that time, it will be more real to see if they are truly working than to look at the K-line.

She replied, 'Then I'll keep an eye on it.' The group fell silent. I stared at the screen, thinking, maybe one day their work will really relate to this chain.

I wonder if they will still come to ask me at that time. #night