Hi bro, its me again. I bought every f*king coin you mentioned, really hope this is IT .. haha
Hope you DYOR and only put in funds you can afford to risk....if yes then all will be good.
Almost every coin ive mentioned here has its reasons, its own usecases and they will be worth alot in the future...
Its up to you when you sell, very very rarely will i come into any thread and say...sell/trade...everyone's different, they hodl for different time frames and buy in different amounts.
i do say what i expect a coin to go to,most times it goes higher lol....just takes time
i 100% expect TRU to easy be a multi $billion project.so 20x minimum...this is what i expect at least, you can sell way before or later...up 2 u bro.
CZ on Twitter AMA today confirmed Binance is now working with non-usd stablecoins(EURO,YEN) and they are actively working with multiple USD Algorithmic stablecoins.
Time to learn about RWA guys.
What are Real World Assets?
Real World Assets (“RWAs”) are assets that exist off-chain, but are tokenized and brought
on-chain to be used within DeFi
RWA lending protocols
Four RWA lending protocols rank among top 10 lending apps with largest collected interest
TrueFi, Maple Finance, Goldfinch, and Centrifuge collected the third, fourth, seventh, and tenth largest sum in interest, respectively.
https://cryptoslate.com/four-rwa-lending-protocols-rank-among-top-10-lending-apps-with-largest-collected-interest/As of Jan. 24,
TrueFi owns the third-largest incremental interest fees collected in the past 180 days with $12.1 million. (this number is way higher now)
Maple Finance follows TrueFi as a close fourth with $11.7 million.
Goldfinch and Centrifuge also make it into the top ten with $5.6 million and $3.2 million, respectively.
https://research.binance.com/static/pdf/real-world-asset-report.pdfMarch 2023
P16
In attempts to improve capital efficiency within DeFi and enable underserved borrowers,
unsecured RWA based private credit protocols have come to market. Protocols such as Maple,
Clearpool, and
TrueFi are redefining crypto lending/borrowing protocols by removing
overcollateralization requirements. Instead, these protocols pride themselves on allowing
cleared business/institutions to borrow cryptocurrency while being undercollateralized with
RWA assets or depositing no RWA collateral at all.
Catch up time
https://twitter.com/ChainLinkGod/status/1617413274718588928ChainLinkGod.eth
@ChainLinkGod
The point of crypto is to improve society, which means providing products/services that people actually want in a superior format
In regards to finance, this means RWAs (traditional commodities, currencies, and securities)
https://twitter.com/DefiIgnas/status/1617799994903523331?lang=enIgnas | DeFi Research
@DefiIgnas
1/ The Real-World Asset revolution in #DeFi is already here — but many aren't paying enough attention yet.
Here's the current state of RWAs to help you catch the wave.
https://twitter.com/DefiIgnas/status/16178000104350146633/ Borrowing demand on protocols like Aave or Compound depends mostly on leverage.
But RWA protocols offer under-collateralized lending outside the circular crypto world.
RWAs enable DeFi lending to grow from tens of billions to a $1.6T TradFi private credit loan market.
4/ What's more, RWA protocol tokens are all below $100M circulating market cap:
• Centrifuge (CFG) - $90M
• Maple (MPL) - $46M
• TueFi (TRU) - $34M
• Goldfinch (GFI) - $20M
To put this in perspective, Aave has a market cap of $1.2B.
https://www.linkedin.com/pulse/defi-meets-real-world-unlocking-trillions-dollars-rwa-tom%C3%A1s-moreno"DeFi meets the real world: Unlocking Trillions of Dollars with RWA"
Tomás Moreno
Published Jan 26, 2023
The integration of real-world assets (RWA) into decentralized finance (DeFi) has the potential to revolutionize the industry. Not only could it increase volume and adoption for DeFi platforms, but it also offers the opportunity for risk diversification. There are billions of dollars worth of RWA that are currently disconnected from the DeFi ecosystem, but by creating a two-sided lending marketplace, these idle assets could be unlocked and utilized to power a new wave of decentralized applications. In order to continue growing, DeFi must find ways to bring the outside in and tap into the potential of RWA.
I think we could be on the beginning of something HUGE....and i mean
HUUUGE 8 Mar 2023
https://twitter.com/BinanceResearch/status/1633421775236153344?cxt=HHwWgIC2lemciqstAAAABinanceResearch
1/ Real estate, stocks, carbon credits, and other financial assets are coming to DeFi.
In one of our latest #Binance Research reports, we explore the world of Real World Assets (“RWAs”)
https://twitter.com/BinanceResearch/status/1633421782005719041BinanceResearch
4/ TradFi institutions, such as @GoldmanSachs,@Siemens, and @KKR_Co, as well as, crypto-native protocols, such as @MakerDAO and
@AaveAave have all announced RWA-based projects.
Work is being done on the infrastructure and application layer to seamlessly bring assets on-chain.
So far, there are equities, real-asset, and fixed income markets surrounding RWA-based instruments.
6/ Private credit is a market of notable activity.
Over 1560 RWA backed private credit loans have been issued, representing +US$4B in value.
Average interest rates on these loans is relatively high at 9-9.75% (avg. business loan ranges from 4.90% to 9.83% at TradFi banks)
8/ Other protocols, such as
@Maple and @
TrueFi are removing traditional DeFi overcollateralization thresholds for borrowers, as long as they have a real-world presence and back their debt with RWAs.
This requires credit checks and blurs the lines between TradFi and DeFi.
Awesome...we going to the next level with this stuff.....be prepared.
Binance Adds USTC/USDT Trading Pairs
2023-03-09 03:00
Binance will open trading for the USTC/USDT trading pair at 2023-03-10 08:00 (UTC).
In todays AMA with CZ , he also mentioned USTC...he said Do Kwon had the right idea but was poorly executed...maybe CZ thinks he can execute USTC better....
USTC $1 Repeg journey just got a boost.
https://twitter.com/PinkUnicorn80/status/1633680660689821697@PinkUnicorn80
Time to ask yourself a question.
Why would
@Binance
offer any additional options for purchasing and trading #USTC, if there was no future in it?
@cz_binance
has already answered the question. “DK had the right idea, but HE didn’t do it the right way.”
For you USTC....
https://www.youtube.com/watch?v=btPJPFnesV4Survivor - Eye Of The Tiger (Official HD Video)
TUSD-CHAINLINK (Learn more about #TUSD @chainlink #PoR)
Listen n learn
️ Join
@tusdio
alongside
@ChainlinkLabs
' Proof of Reserve GTM Lead
@MaxwellMelcher
& Product Marketing Manager
@77MichaelR
to discuss the new standard for stablecoin truth, transparency, & security: Proof of Reserve Secure Mint.
https://twitter.com/chainlink/status/1633590163308969985?cxt=HHwWgoDUiabm1qstAAAA
Stablecoins need trust.
IMO with Chainlink POR, TUSD is now the cutting edge of stablecoin tech.
Gonna DCA on TRU
under 9c=
Not sure how others feel but I see this as bullish for crypto...
Silvergate....“The bank had attracted a lot of crypto deposits, and as knock-on effects of FTX contagion started to catch up, the banks faced substantial deposits’ outflow. This forced them to sell off bonds, resulting in material losses as interest rates increased recently,” explained a spokesperson from Finery Markets
https://phemex.com/blogs/how-interest-rates-affect-cryptocurrencyRate rise has had a negative effect on crypto....
Since the FEDs rate hikes started they raised to much to fast, causing many problems but they didnt care....
Now with Silvergate going the FED will probably slow down or begin reversing interest rates before other banks start failing.
Also the Silvergate closing news has been priced in, starting the past week till now...
Hodl tight...fill up your bags....this is the dip before the huge rally...dont get shook out.
Grabbing even more TRU...to cheap to resist and tbh idgaf because i know its gonna be worth alot.
Woaaa feels so strange seeing USTC as top gaining coin on Binance USDT markets lol
Many will wake up , rubbing their eyes and wondering wtf is USTC doing here and wtf is it going up for...then then FOMO probably kick in.
How high can it go from here.....? $1 .....
https://www.youtube.com/watch?v=PdaaGlyu7EQThe Lost Boys - Tim Cappello - I Still Believe
Binance Adds TRU & More Pairs on Cross Margin
2023-03-10 09:00
Fellow Binancians,
Binance has added TRU as a new borrowable asset as well as new margin pairs on Cross Margin.
This is the 2nd exchange to add TRU in the past 7 days
https://twitter.com/Bybit_Official/status/1633775296733167617?cxt=HHwWgoC2yb3-qqwtAAAA New Derivatives Pair: #TRUUSDT
#TRUUSDT is now available to trade on #Bybit with up to 25x leverage!
Trade now:
https://i.bybit.com/abfAuDSHoubi being the other.
Great DCA move on TRU earlier today.
..i knew under 9 cents is faaaaaar to cheap for something that has so much going for it now.
TRU is def a $Bill project, which means $1 MINIMUM per TRU.
Its happening......
https://twitter.com/fishkiller/status/1634346757244198912Although no official announcement has been issued, it can be basically confirmed that Binance has stopped the automatic conversion of BUSD-USDC, and currently only USDP/TUSD can be exchanged.
Oh and now with the news of SVB bank going under and rumours of Circle having stored up to 25% USDC reserves there,
If Circle did have more than a smattering of cash at SVB, concerns could mount that the backing of USDC may no longer be complete and instead be more fractional than is needed for a stablecoin to remain steady.
https://techcrunch.com/2023/03/10/uncertainty-stands-around-multi-billion-usdc-empire-as-issuer-circle-held-reserves-at-silicon-valley-bank/SVB bank announced on Wednesday that it lost $1.8 billion on the sale of U.S. treasuries and mortgage-backed securities that it invested in, owing to rising interest rates.
TUSD and Chainlink POR will become the next big stablecoin....expect billions of TUSD to start being minted now.
TRU gonna explode
Two things happening right now with USDC...
1- Over $500million has been burnt in past hour, which i assume means redeemed for fiat.
2- USDC is being swapped into crypto at a rapid rate.
Grabbing even more TRU...to cheap to resist and tbh idgaf because i know its gonna be worth alot.
0.1427
$0.142700
24h Change
0.0503
+54.44%
The journey to multi $bill mcap for TRUEFI has began
[moderator's note: consecutive posts merged]
TUSD is live now on Binance...guys load up on TRU at 10 cents, 