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? The Dinarian on Locals brings you the latest in news, interviews, in-depth conversations, and stories from across the blockchain and global communities—within and beyond cryptocurrency ?. Experts delve into how blockchain technology is reshaping industries, enhancing business networks ?, transforming transaction workflows, and advancing distributed ledger systems ??. We also explore intriguing topics that may venture into the realm of conspiracies—and so much more!
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💵 Overview Of Major Stablecoins In The Cardano Ecosystem 💵

Note: I am curious about the current status of integrating Circle's USDC stablecoin natively on the Cardano blockchain. In 2021, the Cardano Foundation declined a $3 million deal to bring USDC to the network, a decision that has been a topic of discussion within the community. Recently, Charles Hoskinson, founder of Cardano, has indicated potential collaborations with other stablecoin providers, such as Ripple's RLUSD, to enhance Cardano's ecosystem. ~The Dinarian

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We have several types of stablecoins: USD-backed USDM, overcollateralized DJED and MyUSD, synthetic iUSD, and USDC and USDT bridged via WanChain Bridge.

The total supply of all stablecoins was approximately $22.7 million in August 2024; currently, it is almost $24 million.

The number of holders has more than doubled from 2,283 to 5,530.

Despite this growth, we can't be satisfied with these numbers. The majority of blockchain transactions and user activity are related to stablecoins. For everyday users, DeFi will largely revolve around stablecoins for the foreseeable future.

Cardano is experiencing a lack of user activity, likely due to the absence of established stablecoins like USDT and USDC, which are not natively minted on Cardano.

Users tend to trust established USD-backed stablecoins the most.

USDM is one of the most successful stablecoins on Cardano, likely for this reason.

Cardano can improve its market position with more USD-backed stablecoins. The question is which ones to support the most.

There will be a competitive struggle between stablecoins. In my view, those available on multiple major chains will have the best chance of success due to their wider usage.

This is why we should aim to have USDC and USDT on Cardano.

On the other hand, we should support projects from the Cardano ecosystem, including USDM. USDM (Moneta) needs to expand to other chains, which may require financial support from the treasury.

Ripple recently launched a new stablecoin, RLUSD, which has the potential to compete with USDT and USDC.

We should strive to have RLUSD natively minted on Cardano as soon as possible.

DReps may face a difficult decision on which stablecoins to support.

It's easy to suggest supporting all options, but the question remains how much USD it would require.

From my perspective, stablecoin companies should strive to make their products as accessible as possible. I don't understand why they allegedly demand exorbitant amounts for deploying USDC and USDT on Cardano.

If the obstacle isn't just financial but also technical, we already have a solution. A new CIP will enable the minting of tokens similar to ERC-20. Regulated companies will be able to implement the necessary functionality. While we may not like it, we can continue to debate it.

I believe we should first support USDM and get RLUSD on Cardano ASAP. These could be the most cost-effective options.

RLUSD is a newcomer with ambitions to establish itself quickly. Charles Hoskinson is already in talks with Brad Garlinghouse. Maybe everything is already agreed, but that's just speculation.

USDC and USDT remain in the game. Perhaps we should decide on one and hope the other will join later. USDT has many controversies regarding its backing, so I would prefer USDC.

Our negotiating position would be stronger with RLUSD and a more widely adopted USDM.

EMURGO promised to launch USDA soon. In my opinion, the same applies as to USDM. For a stablecoin from the Cardano ecosystem to succeed, it must compete with the established big players. This means it must expand and offer something better. That's the challenge for a stablecoin.

I hope EMURGO has a good plan and will not request funding from the Cardano treasury.

As a DRep, I prioritize USDM and RLUSD over USDC and USDT. While it's important to have USDC and USDT as well, we first need to understand the details of their deployment.

Let's not forget that during a bull market, it can be more profitable for us to allocate larger amounts from the treasury.

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It's All About Optics... 💉 ⚕️

Does anyone really believe President Trump got the vaccine, just after posting this a few weeks ago?

00:02:25
A U.S. TREASURY-ISSUED GOLD-BACKED STABLECOIN? ⚖️

Dr. Judy Shelton told me she envisions a “Solidus”.

A modern digital currency partially backed by a gold-convertible Treasury.

A nod to the ancient Roman coin that stood for strength and trust. This idea could fuse blockchain transparency with sound-money integrity.

Imagine a U.S.-issued digital dollar tied to gold not by decree, but by convertibility restoring faith in money while harnessing technology to enable faster, borderless transactions.

"It’s a vision where the oldest store of value meets the newest form of exchange." @judyshel

00:01:34
Our World’s New Birth of Freedom 👀$RLUSD

The Federal Reserve’s Global Network has been effectively dismantled and will imminently be replaced by the most complex, U.S. led, geo-political strategy in human history - an active plan 10+ years under development that’s on the verge of restoring national sovereignty the world over.

I’ve summarized my most concise, common-sense overview of the 3-step process that brings this inevitability into reality.

We’re entering the greatest era of peace, health, wealth and innovation we’ve ever known. Godspeed to all!

OP: @KuwlShow

00:10:36
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading

What REALLY happened on 10.10.25. Recap:

Binance just reminded everyone who really runs this market,

this crash wasn’t about trump, tariffs, or macro, that was noise,

the real story happened inside the books:

One market maker, you definitely know, moved $700M to Binance hours before the crash, 200M of that was in $BTC.

Few noticed.

Then, as traditional markets bled, crypto started following, but something was off

the order books on Binance went hollow. No bids, no walls, just a free fall waiting to happen.

Volume on $BTC candles:
> 23:00 – 2k sold
> 00:00 – 12k
> Even one-minute candle had 1k btc "inside"

Was this organic?

At $108k, liquidation pressure hit terminal velocity

Binance’s own market maker stopped defending the price and pulled liquidity

this is exactly why atom went to $0.001,

and the worst part? Traders couldn’t even fight back!

On every other exchange you could close, hedge, or buy the dip manually,

on Binance, buttons stopped working. Stop orders froze, limit orders hung,
only liquidations were executed ...

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🚨 XRP WARNING SIGNS MULTIPLY: INDICATORS HINT AT ROADBLOCKS AHEAD

Technical and market indicators for XRP are flashing multiple warning signals, suggesting growing challenges and heightened risk of further declines for the cryptocurrency into the remaining months of 2025.

🔑 Key Points:

🔹 Major Technical Breakdown: XRP recently lost the critical 100-day exponential moving average (EMA) support—an important boundary that has historically separated periods of recovery from major declines. This break suggests increased likelihood of accelerated selling, with price targets as low as $2.50 cited by analysts if further support levels fail.

🔹 Weak Momentum & Death Cross: Momentum indicators such as the RSI have fallen below 45, indicating a bearish trend is gaining steam. Recent chart patterns also show a "death cross," where short-term averages fall beneath longer-term ones—typically a signal of prolonged downside pressure and a warning for traders to stay cautious.

🔹 Descending Triangle ...

🚨 PYTH LAUNCHES 24/5 US EQUITY ORACLE FEEDS 🚨

Pyth Network is fundamentally changing access to traditional financial markets by introducing its "After Hours" price data, starting with 20 key US equities.

This groundbreaking new service provides real-time, 24/5 streaming prices to blockchains globally, ensuring that decentralized finance (DeFi) markets never sleep, even when major stock exchanges are closed.

🔑 Key Points:

🔹 24/5 Equity Data: Pyth is delivering constant price updates for major US stocks, operating from Sunday to Friday, covering the entire trading week, including the traditionally "dark" overnight hours.

🔹 Institutional Partnership: This capability is made possible through Pyth's partnership with Blue Ocean Technologies, a regulated operator of the Blue Ocean ATS (Alternative Trading System), which facilitates billions of dollars in US equity trades during the off-hours (8:00 PM to 4:00 AM ET).

🔹 Real-Time & Regulated: The price ...

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New Human Force
Join this Now! YOU have what it takes!

They are in our solar system, and in our event-stream in this Eternal Now.

Officialdom is clueless.

They think we are going to be at WAR with the Aliens.

Officialdom is very stupid.

Aliens is here. It’s not WAR. It’s Contention.

There is a difference.

Officialdom is clueless, still living in the last Millennium.

Aliens is here.

The Field in which we contend is This Eternal Now.

ALL HUMANS LIVE HERE, and ONLY HERE, in this

ETERNAL NOW.

It’s a Field of potentials, of pending Manifestation, this continuous event-stream of karma in which we have always lived our body’s Life.

This Eternal Now has always been our body’s Field of Contention.

The Aliens is here, in our Eternal Now.

Our common, shared, reality that we all continuously co-create now has Aliens.

It’s getting very complex in here.

Officialdom is clueless. They see the Aliens. They are freaking out. They think you are children, when it is their small minds, trapped in a reality that is only grit, mud, and ‘random chance’ who are childish.

Officialdom is stupid. They will and are reacting badly. As is their way, they are trying to hide shit from you. Silly grit bound minds don’t realize you can see everything from within the Eternal Now. They have yet to grasp that what they perceive as this Matterium, filled with ‘matter’, is but a hardening of our previous (past) internal states of being.

WAR happens in the Matterium.

Contention occurs within this Eternal Now where Consciousness shapes the manifesting event-stream.

YOU know this to be fact. You are a co-creator.

Contention with Aliens is happening in this instant in this Eternal Now.

Officialdom ain’t doing shit. They are still stuck in trying to move matter around to affect unfolding circumstances. That’s redoing the mirror trying to affect the reflection. Dumb fucks….

It’s up to US. To the New Humans. Those of us who live in this Eternal Now. Those of us who see that our body’s Lives (the Chain that cannot be broken) are expressions of the Ontology revealing itself to itself. It’s up to us guys.

We are not an Army. That’s a concept from the past, from before the emergence of the New Humans. We are a Force. A self-organizing collective with leadership resident in each, and every participant.

We are the New Human Force. By the time officialdom starts to speak about the Aliens in near-factual terms, we will already be engaging them in this Eternal Now.

By the time officialdom begins to move matter around (space ships & such) thinking it’s War, we will already be suffering casualties in this Eternal Now. That part is inevitable. It’s how we learn.

By the time officialdom realizes that some shit is going on in places and ways beyond its conception, we will already be pushing our dominance onto our partners in this First Contention, the Aliens. Nage cannot train without Uke.

Just as officialdom is scrambling to research the Ontology, this Eternal Now, and the event-stream, we will be settling terms with our new partners, the Aliens.

Come, join with us. It’s going to be a hellacious Contention.

We ARE the NEW HUMANS!

Together we are the Force that cannot be defeated.

Start YOUR training in this instance of this Eternal NOW.

Consume Neville Goddard videos as though all of human existence depended on YOUR mind and YOUR active, effective, imaginings!

It’s not a question of Mind over Matter as there is only Mind and it cares not for Matter. That’s residue.

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

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If you find value in my content, consider showing your support via:

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