# stablecoins — X 热门讨论 (2026-09-29 21:17 UTC)
## @anniecomplex01 (Anniecomplex©) · 09-29 18:47 · ♥45 ↻0 💬46 The @Americanfort_io campaign on @NucleusCodes has been running for a few days now, and there’s still plenty of time to get involved.
There’s $15,000 in stablecoins up for grabs, with the top 100 contributors sharing the rewards.
The campaign runs for another 25 days, so there’s no need to rush into low-effort posting. The focus is on creating original, quality content around AmericanFortress and its privacy infrastructure, including FortressName, Send-to-Name™ and SafeSend™.
I like the setup because there’s enough time to actually learn about the project, find your own angle and contribute something useful.
If @Americanfort_io is a project you’ve been following, this is still early enough to jump in and build your position. 👇 > 引用 @NucleusCodes: A new Contribution Campaign for @Americanfort_io is now live!
$15,000 in stablecoins will be distributed to the Top 100 contributors.
Create original, high-quality content around AmericanFortress, its privacy infrastructure, FortressName, Send-to-Name™ and SafeSend™ to climb the leaderboard.
See campaign details 👇 https://t.co/Vl1WimQYRR https://x.com/anniecomplex01/status/2105006549852651546
## @TheBitcoinConf (The Bitcoin Conference) · 09-29 18:14 · ♥44 ↻11 💬7 🇸🇻 From El Salvador's Bitcoin Office — The President is not turning to dollar-backed stablecoins‼️
"This is fake news" in response to Bloomberg's recent article.
"The Government of El Salvador has no plans to launch or operate any bitcoin, crypto or stablecoin wallet." 👀 https://t.co/jWkC7xWq1j https://x.com/TheBitcoinConf/status/2104998270548533292
## @TheBTTCommunity (BitTorrent Community) · 09-29 17:03 · ♥43 ↻12 💬0 $335K+ in stablecoins on BTTC.
That's another number worth watching.
DeFiLlama currently shows approximately $335,971 in stablecoin market cap on BitTorrent, with $USDT representing 98.86%.
Not a price metric.
Actual capital sitting inside the ecosystem.
#BTTC #BTT #BitTorrent https://x.com/TheBTTCommunity/status/2104980391035646011
## @sm_eemrh (ChrisBoyo) · 09-29 15:51 · ♥41 ↻11 💬2 THIS is a flywheel
Confido charges a % of every asset transferred, from BTC and ETH to stablecoins, tokenized stocks and RWAs
Those fees fuel open-market $DEXTF buybacks.
The purchased $DEXTF then funds the Revenue Share Model.
Confido volume grows → $DEXTF demand grows → revenue share grows
No complicated tokenomics. Just usage creating demand for $DEXTF
Now imagine this at institutional scale.
And looking at where institutional tokenization is heading: @Ondo + @BlackRock @Securitize + @ARKInvest @Memento_Bc + @DeutscheBank
That last one has history already.
Imagine what comes next. > 引用 @Memento_Bc: Memento Confido is the engine for compliant onchain privacy.
Today we're introducing what keeps it running: the Confido Fee 💵
Applied as a % of the asset value transferred through Confido and collected in every supported asset: $BTC, $ETH, $USDC, $USDT, tokenized stocks, tokenized RWAs, and more.
Fueling DEXTF buybacks from the open market, with the purchased DEXTF funding the Revenue Share Model (RSM) and powering the value-accrual flywheel 🔄
Scaling with the volume processed on Confido, so DEXTF value capture grows with every transfer.
More private transfers → more Confido Fees → more DEXTF buybacks → more DEXTF for the RSM → a stronger flywheel.
Confido grows, $DEXTF captures it 📈 https://x.com/sm_eemrh/status/2104962183377342731
## @JamesDula82 (Iso Ledger) · 09-29 14:46 · ♥42 ↻9 💬0 Should You Be Holding ZBCN? Part ✌️
Back in June I ran the first audit.
Time to update it with real numbers instead of promises.
What's actually new since then.
SuperApp is live.
Final token unlock happened in March, no more vesting dilution coming. Staking is public, roughly 16.19 billion ZBCN locked, call it 16% of supply.
MoneyGram plugged into the Stellar side of the stack on September 9, giving employees cash-out access at 480,000 to 500,000 locations across 170-plus countries, no bank account required.
Circle's Arc mainnet went live September 16 with Zebec deployed on it, and that validator set includes names like BlackRock, Mastercard, and DTCC. August print, $54 million in monthly payroll volume, 269 enterprise clients, 15,800 actual employees getting paid through it.
That's not a whitepaper anymore.
That's a company publishing operating numbers the way a real business does. The goods.
Real rails, not vaporware, Nacha membership alongside JPMorgan and Wells Fargo, NatPay's dual ACH-plus-streaming dashboard, MoneyGram's actual cash network, Circle Arc's institutional validator set.
Multi-chain product surface across Solana, Stellar, Arbitrum, Base, and more, with cards live in 97 countries.
Supply inflation from vesting is done, that overhang is gone.
The bads, and I'm not softening these.
100 billion token float is the ceiling everything else has to outrun.
Buybacks running in the tens of millions of tokens per quarter, against a 100 billion denominator, that's a rounding error, not a deflationary mechanism.
The token-to-product link is still the weak joint, most named partners don't actually require ZBCN to run payroll or cards through the system, an independent report from July flagged this directly, arguing the products largely run on stablecoins with ZBCN as optional flywheel marketing rather than a required piece. And the metrics, while more transparent than before, are still company or third-party recaps, not audited filings.
The verdict hasn't flipped from June, it's just sharper now.
Infrastructure receipts are real and growing.
The open question is still whether the token itself ever becomes something more than staking and optional fee discounts riding alongside a real business.
Usage is climbing.
Whether that usage ever needs ZBCN specifically is the trade you're actually making here.
Zebec moves the stream.
Stablecoins settle it.
XRP, XLM, and Arc are the rails underneath.
Different job, same plumbing I've been auditing all year. 🛡️ https://x.com/JamesDula82/status/2104946043494527236
## @avax_one (AVAX One (AVX)) · 09-29 16:01 · ♥40 ↻4 💬3 Tokenized assets get the headlines. The quieter shift is settlement.
Stablecoins and onchain payment rails are moving real money faster and cheaper than legacy systems, and Avalanche is one of the networks where that is happening.
Our treasury sits on the money layer. https://x.com/avax_one/status/2104964688106958964
## @Xfinancebull (X Finance Bull) · 09-29 18:01 · ♥40 ↻3 💬3 Holding $XRP and still feeling scared? This is long, but you need to read it. https://x.com/Xfinancebull/status/2104994975230693428
## @mrcauliman (MRCΛULIMΛN) · 09-29 17:53 · ♥41 ↻3 💬1 The Price of Issuing a Dollar
The GENIUS Act already put federal law around payment stablecoins. Now the Federal Reserve is getting into what it actually takes to run one.
The Fed’s September 24 proposal covers the reserves behind the stablecoin, how much capital the issuer has to hold, redemption, custody and how supervised banks can get into the business. The rules are still being worked through, but we can already see what regulators expect to sit behind a digital dollar.
Every dollar in circulation has to be backed by eligible reserves. Those can include cash, Federal Reserve balances, insured deposits, short-term Treasury bills and other qualifying liquid assets. If an issuer has $10 billion in stablecoins outstanding, it needs at least $10 billion in reserves behind them. A lot of that money can end up sitting in short-term U.S. government debt.
Then you have the issuer’s own capital. The proposed operational-risk requirement starts at 2% on the first $20 billion outstanding and steps down as the issuer gets larger. At $2.5 billion outstanding, 2% alone comes to about $50 million before the rest of the formula is added. That capital is separate from the money backing the actual stablecoins.
The redemption rules are getting defined too. Holders need a real path back into dollars, and the proposal sets requirements for what happens if an issuer falls short of the backing it’s supposed to maintain. Stablecoins are starting to look a lot more like regulated financial products than they did a few years ago.
RLUSD is already sitting right in the middle of this shift. It’s an issued dollar with reserves and an issuer behind it, and it can move across XRPL along with other networks. $XRP is the native asset of XRPL. They can both exist inside the same ecosystem without doing the same job.
More RLUSD moving across XRPL doesn’t mean an equal amount of $XRP gets bought. $XRP can be involved through fees, reserves, liquidity and payment paths, depending on how a transaction moves. The actual dollar sitting in RLUSD has its own backing and its own balance sheet behind it.
You can have Treasury bills backing a digital dollar, that dollar moving across XRPL, banks or trust companies handling custody, and regulators setting the rules around capital and redemption. That’s how close this is getting to the traditional financial system.
Looking at the token alone doesn’t tell you enough anymore. You have to look at the reserves, who holds them, how the issuer makes money, what capital sits behind the business and how people get their dollars back.
That’s what issuing a digital dollar is starting to look like in the United States. https://x.com/mrcauliman/status/2104992901373858180