# stablecoins — X 热门讨论 (2026-09-24 09:32 UTC)
## @reece_merrick (Reece Merrick) · 09-24 08:47 · ♥137 ↻31 💬12 On stage at the MESA Forum with @HSBC, @BlackRock, @Mashreq, and @RAKBANK, discussing stablecoins, tokenized deposits, and tokenized MMFs.
We started with a competition framing, but landed somewhere else! They aren't rivals, they have 3 distinct jobs:
🟢 Stablecoins: The always-on layer moving value between institutions without existing relationships (why $RLUSD was built not to replace bank money, but to let it travel).
🟢 Tokenized Deposits: Keep bank money inside the existing perimeter, ideal for known counterparties.
🟢 Tokenized MMFs: Treasury yield & collateral, less of a payment vehicle.
The real question for the GCC isn't which wins! It's how well they connect.
The UAE isn't debating if it’s open for business; it's actively building. Excited to keep leaning in with @Ripple 🇦🇪 https://x.com/reece_merrick/status/2103043757881151757
## @CryptoTice_ (Crypto Tice) · 09-24 09:00 · ♥124 ↻16 💬13 BREAKING:
The ECB just went live with wholesale blockchain settlement. Pontes. Launched September 21.
Lagarde's own words: "It's a digital euro made available for banks so that they can transact amongst themselves using tokenized assets and distributed ledger technology."
Here's what it actually solves. Tokenized bonds and securities can already trade on DLT platforms. The missing piece was the cash side.
Without a risk-free settlement asset, institutions had to rely on stablecoins or tokenized commercial-bank deposits. Both carry credit risk big banks don't want. Pontes settles that cash leg in actual central bank money instead.
13 institutions already onboarded. Deutsche Bank, Santander, Société Générale, the European Investment Bank, KfW, and four DLT infrastructure providers including Clearstream.
Here's the part most headlines are missing. This is wholesale-only. Banks and market infrastructure providers. Not retail.
The retail digital euro is a separate track entirely. A one-year pilot starting in the second half of 2027. Possible issuance in 2029.
The ECB is even putting its own money behind Pontes. Starting to invest a portion of its own funds in tokenized government debt, settled through this exact system. Full implementation targeted for 2028.
Europe's central bank just built the plumbing for tokenized markets.
Retail crypto users won't touch it directly. Banks moving trillions in bonds and securities just got their bridge. https://x.com/CryptoTice_/status/2103046794183684441
## @CoinMarketCap (CoinMarketCap) · 09-24 07:25 · ♥53 ↻6 💬29 LATEST: 📊 Visa's Money Travels 2026 survey found 56% of US adults have never heard of stablecoins, with some wrongly assuming they fluctuate in price like Bitcoin. https://t.co/5C32zcOWTW https://x.com/CoinMarketCap/status/2103022919831965759
## @axencryptoo (Axen) · 09-24 06:59 · ♥47 ↻2 💬43 DIA Bull Case ↓
Onchain finance needs more than basic price feeds.
It needs verifiable, transparent & customizable data for DeFi, RWAs, stablecoins, perps and tokenized assets.
That’s where @DIAdata_org stands out:
→ 100+ data sources → 20,000+ assets → 60+ chains → RWA data via xReal → Verifiable data with DIA ZK
The bigger thesis:
More assets move onchain → data demand grows → reliable oracle infrastructure becomes critical.
DIA is positioning itself beyond a traditional oracle -building infrastructure for the next generation of onchain finance.
With RWA adoption accelerating, demand for transparent and verifiable data could grow significantly.
The opportunity is bigger than price feeds - it’s about becoming trusted data infrastructure for onchain markets.
$DIA #DIA #DeFi #RWA #Oracle https://x.com/axencryptoo/status/2103016460662751397
## @ripper0x (Ripper) · 09-24 05:04 · ♥41 ↻1 💬47 let’s dive deeper into @LaunchOnSF.
stonkfun took the idea of stock-paired memes and is pushing it further by making the stock itself part of the launchpad’s core liquidity model.
there are a few things about this that i think are worth understanding before forming an opinion on $stonk.
from how the stock pairs actually work, to where the liquidity comes from, how stonkfun captures value, what happens when these tokens graduate, and what this could look like if tokenized stocks become a much bigger part of onchain markets.
so i want to break down the whole thing properly.
bookmark this one, because there’s a lot to unpack.
#1 why pair memes with stocks?
the biggest difference with stonkfun is that you can launch coins against tokenized stocks like $spyx, solana:Xsc9qvGR1efVDFGLrVsmkzv3qi45LTBjeUKSPmx9qEh, solana:XsbEhLAtcf6HdfpFZ5xEMdqW8nfAvcsP5bdudRLJzJp, solana:XspzcW1PRtgf6Wj92HCiZdjzKCyFekVD8P5Ueh3dRMX and others instead of just SOL or stablecoins.
that changes the dynamic completely.
you’re basically combining the attention and speculation of memecoins with real-world assets that already have massive liquidity, narratives and demand.
and because the stock is sitting on the other side of the pool, you’re creating a completely different market structure from the usual meme launchpad.
#2 the stock isn’t backing the meme
this is important.
if you buy a meme paired with NVDAx, you don’t own NVDA.
NVDAx is simply the quote asset in the pool.
so if NVDA goes up, the value of the stock liquidity goes up too, but the meme still has its own supply, demand and price discovery.
it can outperform NVDA, underperform it or go to zero.
the interesting part is giving a meme a real asset as its trading pair.
#3 where does $stonk capture value?
this is the part that interests me most.
stonkfun generates fees from the activity happening across the platform, and a portion of that revenue is used to buy and burn $stonk.
so the basic flywheel is pretty simple:
more launches → more trading → more fees → more $stonk bought → more $stonk burned.
and because the buybacks happen onchain, you can actually verify them.
#4 why volume is everything
a launchpad is only as valuable as the activity happening on it.
if stonkfun can keep attracting traders because stock-paired markets offer something different from the other launchpads, every new launch becomes another potential source of volume and fees.
and once tokens graduate, they can continue trading through the broader solana liquidity stack, including raydium and aggregators like jupiter.
so stonkfun doesn’t need to own the entire trading venue.
it can create the markets and let the rest of the ecosystem provide the liquidity.
#5 the bigger thesis
this is where i think things get really interesting.
tokenized stocks are becoming a much bigger part of onchain markets.
more equities, more liquidity, more venues and more ways to use these assets.
stonkfun is basically asking:
what if these tokenized stocks become the base layer for a new class of meme markets?
NVDA gets hot? launch around NVDAx.
SPY gets attention? same thing.
some random stock becomes the next retail narrative? you can build a market around it.
the underlying asset already exists.
and if stonkfun becomes the place where this stock-paired meme meta lives, it becomes much more than another launchpad.
it becomes infrastructure for a new category of onchain markets.
that’s the part of $stonk i’m bullish on. https://x.com/ripper0x/status/2102987422329909361
## @Fityeth (fity.eth) · 09-24 06:53 · ♥43 ↻5 💬30 Crypto is red today.
Banks are tokenizing deposits.
The SEC opened the door to tokenized stocks.
Card payments are settling in stablecoins.
At what point do we stop calling this adoption and admit crypto is becoming the financial system? https://x.com/Fityeth/status/2103014954211463386
## @JhonatanRonin0 (JhonatanM) · 09-24 02:35 · ♥40 ↻1 💬30 Everyone is now watching @arc Mainnet because of the big names.
Institutions.
Stablecoins.
Financial infrastructure.
But there is one part that few people are looking at:
The teams that decided to build on arc when there was still nothing, only Circle’s backing.
For months, Arc was just a testnet.
No market.
No dominant narrative.
No attention like the one it has today.
And yet, some teams started building from the ground up.
They were not adding just another chain.
They were betting on infrastructure that had not proven anything yet.
1. @UnitFlowFinance
One of the first native projects in the ecosystem.
While many wait to see which chain gains attention and then start building, UnitFlow started earlier.
Their bet:
Create a DeFi layer around Arc.
Liquidity.
AMM.
Tools.
Infrastructure.
The difference:
It did not arrive when Arc was trending.
It arrived when Arc was still a bet.
@synthra_finance :
Most users do not think about infrastructure.
They think about a simple experience.
Synthra was built around that idea:
Making interactions with markets inside Arc simpler.
Less fragmentation.
Less complexity.
A layer closer to the user.
Tower Exchange:
Every new blockchain has an initial problem:
Liquidity is fragmented.
You can have technology.
You can have validators.
You can have big names.
But without efficient markets, the network is empty.
Tower is targeting exactly that layer:
Connecting financial activity inside the ecosystem.
@hibachi_xyz :
This is one of the most interesting moves.
Because it is not only targeting the traditional crypto user.
The narrative is closer to financial markets:
FX.
Trading.
Fast settlement.
The question is:
Can infrastructure built around stablecoins start touching markets that today exist outside blockchain?
@Sidoorxyz :
Every economy needs an entry point.
Having smart contracts is not enough.
Someone has to make it possible for users to interact with them.
That is where the application layer comes in.
And here is the interesting part:
Many blockchains have big announcements on launch day.
Arc has something different:
It is not only trying to create another network.
It is an ecosystem around $USDC, payments, and financial applications.
But infrastructure does not win just by existing.
It wins when someone builds on top of it.
That is why these projects matter.
Not because they guarantee success.
But because they represent the first generation of teams that decided to bet before knowing the outcome. https://x.com/JhonatanRonin0/status/2102949996274299007