Cross border payments: Citi spotlights DLT. FSB reports on G20 progress
During the past week Citi and the Financial Stability Board (FSB) have published separate reports on cross border payments. Both papers explore G20 targets for improving cross border payments. Unfortunately, 2024 speed figures were worse than 2023 for wholesale, retail and remittance payments, largely reflecting more accurate data. Citi’s report highlights that fintechs expect to gain 10% in market share from banks in the next two to five years. Its survey shows that DLT is one tool to address the pain points, but more in the medium term.
Stablecoin agents will onboard billions of Africans to the global economy
Think back to your first time using crypto. How would you review your experience? If you were an early adopter, maybe you found the experience confusing and jargon-heavy, the irreversible nature of transactions deathly terrifying, or even all of the above. With that thought in mind, would it surprise you to learn that the reviews above are from everyday Africans using crypto?
Permissionless bridging is now live
Uniswap users can now bridge across nine networks directly from the Uniswap Interface and Uniswap Wallet. In-app bridging is one of our most requested features, and we’re excited to roll it out as a step toward our long-term vision of cross-chain swaps.
ERC-7777: Proposal for Human Robot Societies
Alliance is the leading crypto accelerator and founder community. We receive over 3,000 applications every year from the best crypto startups looking to join our accelerator program.
Our accelerator program runs twice a year and thus we report our data in halves.
AI DAOs, and Three Paths to Get There
DAOs have arrived. When artificial intelligence (AI) gets added to the mix, the results are explosive.
I was about ten years old when I stumbled across a book on artificial intelligence (AI). It riveted me. The profound implications sunk in. I’ve been passionate about ever it since. I spent nearly twenty years as a professional AI researcher. Three years ago, I stepped out of the AI world to work on something just as important: decentralization. These worlds will collide, soon.
Regulations Have Prevented Electricity Price Declines In The US
Informed by Wright’s Law,1 ARK’s research indicates that, apart from WWII, US electricity prices fell consistently from the late 1800s until 1974, as shown below.
A Stones Throw
The Bitcoin spot price has continued to march higher, trading up to $69k, only 6.8% below the ATH. The price uptick has broken through several critical levels using technical and on-chain inputs. This is one of the first signs of positive price momentum since late June.
From Crypto to Social Media: How 2023 Became the Year of Investment Scams in the US
State securities regulators conducted nearly 9,000 investigations, with digital assets and social media fraud emerging as top threats.
Enforcement actions recovered $333 million for investors and resulted in 461 years of combined prison sentences.
Practical endgame on issuance policy
This post presents a practical endgame on issuance policy that can stop the growth in stake while guaranteeing proper consensus incentives and providing positive regular rewards to diligent small solo stakers. Two possible ranges for an endgame reward curve are outlined in Figure 1.
Swift could integrate with mBridge CBDC cross border payment system?
During a panel at the SIBOS banking event today, Mu Changchun said that the mBridge cross border CBDC payment system could connect to traditional payments systems, including real time gross settlement systems (RTGS) and faster payment systems.
