# stablecoins — X 热门讨论 (2026-09-29 19:39 UTC)
## @1nxnn__ (Aminul (아미눌)) · 09-29 16:29 · ♥41 ↻1 💬48 Good night
A wallet having a lot of money does not necessarily make it a good borrower.
That is the problem @zerufinance is trying to solve with zLend.
Instead of looking at a wallet from one balance sheet, zLend reconstructs it in two ways.
One view tracks stablecoins that are actually available as liquid capital.
The other looks at total fungible wealth.
That difference can be huge.
A wallet might hold $200K worth of assets but only have $30 in stablecoins available for a $100 loan.
On a simple net-worth screen, that wallet looks stronger.
For short-term repayment, it may not be.
zLend turns those transfer histories into liquidity, flow regularity, drawdown and stability signals, then produces a risk tier from the combined picture.
The 70+ metrics are useful.
But the dual-balance approach is the part that actually caught my attention.
There is also an important caveat.
The published paper validates the implementation across 6 synthetic wallets and 78 assertions. It does not yet publish real default or repayment performance from named lending books.
So zLend is not a proven replacement for underwriting yet.
It is a way to give lenders a much richer view of what a wallet can actually afford to repay.
And that feels like the more important layer for onchain credit. https://x.com/1nxnn__/status/2104971841341468761
## @CoinMarketCap (CoinMarketCap) · 09-29 18:35 · ♥40 ↻7 💬23 LATEST: 🇸🇻 El Salvador launched Sivar, a national payments app backed by President Bukele that settles remittances as stablecoins on Base for a $2 flat fee. https://t.co/VxnjDnscYI https://x.com/CoinMarketCap/status/2105003472777077059
## @0xTindorr (Tindorr 🌯) · 09-29 18:25 · ♥44 ↻1 💬6 Worth putting Puffer back on the radar.
Google Cloud is now plugged into the execution layer + Anchorage Digital is bringing regulated custody, stablecoin + payment infra.
The Puffer's UniFi vision is becoming much easier to picture.
Imagine institutions holding tokenized assets with a regulated custodian, moving capital in stablecoins, executing trades or payments instantly, while still staying connected to Ethereum’s liquidity layer.
The stack starts to look like: • Custody → Anchorage • Fast execution → Puffer Preconf + Google Cloud • Payments/stablecoins infra → Anchorage • Settlement + Ethereum liquidity → UniFi
It starts looking more like an operating layer where institutional assets, payments and execution can actually meet onchain.
That’s a much more interesting Puffer thesis. > 引用 @puffer_finance: ⚓️🐡 We’ve been waiting to share this one.
@Anchorage, home to America’s first federally regulated crypto bank, is partnering with @Puffer_UniFi as its day-one institutional custodian.
Institutional finance on Ethereum needs more than fast execution. It needs trusted custody, stablecoin infrastructure, native settlement, and institutional payment rails.
Together, we’re building the infrastructure institutions need to operate natively on Ethereum. https://x.com/0xTindorr/status/2105001123245588703
## @ShahinGh11 (Shahin) · 09-29 13:41 · ♥40 ↻0 💬3 I’m starting to read Startale’s finance and entertainment updates together. A tokenized stock and a piece of music IP involve different rights, but both need a workable way to move money between the people involved.
Sota’s recent point about stablecoins helped connect this for me. As more assets become available onchain, people have more reasons to use money there: buying them, settling trades, and receiving distributions. Asset tokenization can create demand for stablecoins beyond everyday payments.
His posts about DTCC and his new Forbes Japan column add context. One looks at tokenization inside established financial infrastructure. The other aims to explain the differences between Japan and the US to Japanese readers, including regulators. The technology and the understanding needed to use it have to develop together.
Soneium’s partnership with DayOneDream brings that discussion into entertainment. Through WAVIST, they plan to bring K-pop IP and associated revenue streams onchain for eligible participants. One detail caught my attention: WAVIST already completed an IP financing bond’s full lifecycle in May, including redemption and burning. Following an asset through repayment tells me more about how a product works than seeing it issued.
The Polymarket data on television that @SotaOnchain shared shows another way these markets can reach people. Someone watching the news can use the information without ever opening a trading account. His comparison with Kalshi also reminds me that each market’s probabilities are a signal to interpret, not a guaranteed outcome.
That’s why I’m interested in how @StartaleGroup connects these pieces. Securities bring settlement requirements. Entertainment brings creators, rights holders, and audiences. Stablecoins can support the money moving between them. I want to see those connections become simple enough for people to use without having to understand every system underneath. @0xRamz https://x.com/ShahinGh11/status/2104929503415820632