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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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šŸ‘€ Circles New Advertising Campaign On Taxis

Old cabs needed an upgrade, so does our money system.

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šŸ†“ Another Prime Example Of Living On The Land & Soil šŸ†“

Another prime example of living on the land and soil exercising lawful rights as a non-citizen. I love it.

ignorance is what they bank on, education is key. the sad part is, many will just remain slaves to the corporation.

stop being a sheep: https://linktr.ee/websitesoftasa

00:10:19
šŸ’Æ XRP Treasury Company Wants To Speak To The Builders & Entrepreneurs šŸ’Æ

In collaboration with Ripple, this XRP Treasury Company wants to speak to the builders & entrepreneurs. Unlike @saylor, who is only concerned with buying more Bitcoin, @Vivo_Power is investing in the underlying XRP ecosystem. šŸ’ÆšŸ‘‰Makes way more sense!

OP: @sentosumosaba

00:01:49
Coinbase Releases New Bitcoin Commercial

The distraction continues from the real assets of value. But we know better. šŸ˜‰

00:00:30
šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? šŸ”œ

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

šŸ‘‰ Here’s what you need to know:

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

šŸ‘‰ 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 šŸ‘‰txns done by AI agents by 2025

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

šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading
XDC leads the charge as the 1 Gas Token built on Layer Zero

XDC leads the charge as the #1 Gas Token built on @LayerZero_Core with a $2.31B FDV! With LAYER ZERO powering seamless native expansion, XDC can unlock broader utility, liquidity, and composability — XDC is now interoperable across chains without compromising security or control.

OP: https://x.com/LayerZero_Core/status/1931041620360888533

🚨The GLOBAL Evidence for ADVANCED Ancient Civilisations! - You Wont Be Taught This In School!

Give Jay a follow, you will learn a lot about our REAL history! and our future!

https://x.com/TheProjectUnity/status/1931648529312665850

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If Your Employer Doesn't Already Think You're A Superstar, You're

Using conservative estimates for Wall Street compensation in NYC, Reggie Middleton’s AI-enabled "strike team" (himself + 2 data/prompt engineers + access to frontier AI models) could economically replace ~$9.7–$12.2 million/year in full-time Wall Street headcount.

This includes ~25 entry-level analysts, ~5 mid-level associates, and ~15 developers—roughly 45 displaced roles. The estimate includes base salaries, cash bonuses, equity (where relevant), and fringe benefits (healthcare, retirement, payroll taxes).

Even factoring in $1–1.5M/year in infrastructure (AI API, compute, legal, expert reviewers), the substitution yields 10x efficiency gains per dollar, especially in tasks involving pitch book automation, valuation models, agentic dApps, and memos.

Strategic Delta
Net human capital arbitrage: ~$8.7–$10.2M annually
Efficiency leverage: ~9–10x cost compression

Time-to-market advantage: weeks vs. quarters
Control ...

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šŸ’µ The Digital Dollar Project Publishes Comprehensive Review of Digital Modernization of U.S. Dollar šŸ’µ

Outlines limitations of existing financial infrastructure and benefits of digital modernization

Identifies digital instruments such as stablecoins, tokenized deposits, and non US-CBDCs as components of digital modernization of the US Dollar

Defines the collaboration needed between the public and private sectors to preserve the Dollar’s prominence amongst digital currency networks of the 21stĀ Century

The Digital Dollar Project announced the publication of its latest whitepaper which explores years of research on the need to digitally modernize the U.S. Dollar, preserve US Dollar primacy and integrate new technologies to create efficiencies in the US financial system.

The digital asset revolution of the past several years has thrust the evolving world of modern money into the spotlight. Despite these advancements, the technology through which the Dollar currently operates is quickly demonstrating limitations in an increasingly digital world. Following years of research and collaboration on this changing dynamic, the Digital Dollar white paper presents a review of emerging technologies and their potential to power digital modernization.

ā€œPayment vehicles continue to expand from fungible cash bills and electronic notes to unique, stable digital currencies such as tokenized deposits, stablecoins, and foreign CBDCs,ā€ said Chris Giancarlo, co-founder of The Digital Dollar Project. ā€œBecause of this, examination and exploration of US dollar modernization is critical to America’s ability to compete in the global economy of the digitally networked twenty-first Century.ā€

Cognizant of the January 23, 2025 White House Executive Order prohibiting US federal agencies from undertaking any action to establish, issue or promote central bank digital currencies (CBDCs), the Digital Dollar Project white paper does not champion any particular Digital Dollar infrastructure, but fairly analyzes a range of innovations believing that the global future will include ā€œall of the aboveā€: tokenized deposits, stablecoins, foreign CBDCs and centralized and decentralized digital assets. The whitepaper addresses the business case for digital modernization processes, including reductions in cost and risk and dramatic improvements in transaction speed and collateral efficiency. It provides numerous examples of private sector developments and innovation to demonstrate these benefits. It suggests that the most important outcome is to reinforce the dollar’s status as the world’s reserve currency reflecting the virtues of financial opportunity and economic liberty for which it has historically stood.

The headway made by the private sector demonstrates that competition is the best facilitator of innovation, with one caveat being the risk of impeding network development and interoperability. With this in mind, the paper makes a number of recommendations to support modernization, including:

  • Financial institutions and non-bank financial institutionsĀ should drive broader (enterprise-level) business cases and foster stronger industry commitment to innovative products and services. Such institutions should also consider the opportunity for financial market utilities (FMUs) to lead the development and implementation of Digital Dollar infrastructure for particular applications and use cases.
  • Financial market utilities and consortiumsĀ should align on new potential settlement and loss-mutualization models along with broader risk and operational frameworks, while also driving interoperability initiatives and developing common standards.
  • Legislators, trade associations, and policy institutesĀ should work together to address regulatory ambiguity and advance legislation that creates appropriate safeguards and equal opportunities for responsible innovation.

Daniel Gorfine, co-founder of The Digital Dollar Project, said, ā€œAs tokenized forms of fiat currencies gain broader adoption, it is critical that the U.S. play a leading role in establishing standards and frameworks that ensure the primacy of the Dollarā€”šŸ‘‰and all that it represents. This will require active collaboration between a broad cross-section of stakeholders, and our goal for this white paper is to help inform and advance related discussions.ā€

The Digital Dollar Project white paper was prepared in consultation with its advisory group of economists, business leaders, technologists, innovators, lawyers, academics and consumer advocates and in joint collaboration with Accenture, David Kretz Consulting, and Oliver Wyman.

The Digital Dollar Project encourages you to view the white paper in its entirety.

About The Digital Dollar Project
The Digital Dollar Project is a neutral, non-profit forum focused on exploring digital innovation in money and future-proofing the U.S. Dollar in a world of decentralized and centralized, sovereign and non-sovereign digital currency networks. The Digital Dollar Project does not call for the ready deployment of a US CBDC—or digital dollar – but does encourage the U.S. to assert principled leadership in CBDC experimentation at home and digital currency standard setting abroad that is consistent with U.S. norms, values, and the rule of law. VisitĀ https://digitaldollarproject.org/.

Ā 

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Apple, X, and Airbnb among growing number of Big Tech firms exploring crypto adoption
The crypto industry has long sought a ā€œkiller appā€ to bring blockchains into the financial mainstream and, in stablecoins, it may have found one. Banks and fintechs are rapidly adopting stablecoins—digital tokens pegged to the value of the dollar—and now Big Tech firms are poised to do the same. According to sources familiar with the matter, Apple,Ā X,Ā Airbnb, andĀ GoogleĀ are all holding early conversations with crypto firms about integrating stablecoins.
Ā 
The sources, who spoke with FortuneĀ on the condition of anonymity to discuss private business conversations, said the firms view adoption of the crypto assets as a means to lower transaction costs and optimize cross-border payments.

Apple, X, Airbnb, and Google are not the only Big Tech names exploring stablecoins. Others includeĀ Meta, which is once againĀ leaning intoĀ the payment technology after abandoning an ambitious earlier push that failed in the face of regulatory backlash. Uber CEO Dara KhosrowshahiĀ said the rideshare company is in the ā€œstudyā€ phase of using stablecoins for global money transfers at a Bloomberg conference on Thursday.Ā 

The interest from Big Tech comes as stablecoins have attractedĀ millionsĀ in venture funding and lawmaker attention as Congress weighs two bills that would regulate the asset class. And it follows a landmarkĀ acquisitionĀ from the payments giantĀ StripeĀ of the stablecoin startup Bridge, which was a starting gun for many in Silicon Valley to take the technology seriously.

ā€œ[Stablecoins] are this old idea, but finally I think we’ve got the right pieces coming together such that it’s really coming into fruition,ā€ said Haun Ventures partner Chris Ahn, who was an early investor in Bridge.Ā 

X and Apple did not respond to requests for comment.Ā 

ā€œIt’s pretty clear that this is probably one of the biggest upgrades to payments since the SWIFT network,ā€ Rich Widmann, head of Web3 strategy at Google Cloud, toldĀ Fortune. He confirmed that the tech giant was exploring stablecoin integrations.

ā€œWhile crypto payments aren’t something we’re focused on integrating into the platform in the near future, we’re always looking at all aspects of payments for ways to improve our community’s experience with it, including developments in digital assets and their use cases,ā€ said an Airbnb spokesperson.

Ā 

Airbnb, X, and Apple

While Big Tech has long been at the forefront of payments innovation, Silicon Valley has been hesitant to move into crypto due to the regulatory crackdown under the Biden administration. That changed with the re-election of Donald Trump, whose administration hasĀ embraced blockchainĀ and instructed agencies to loosen oversight of the crypto industry.

In the case of Airbnb, the short-term home rental platform has been in talks with crypto companies about potentially integrating stablecoins since the beginning of this year, according to four sources familiar with the matter.Ā 

Accepting stablecoins as a form of payment would allow Airbnb to cut back on the transaction fees it pays processors likeĀ VisaĀ andĀ Mastercard, according to one crypto company executive. The vacation rental company has been talking with one of its payment processors, Worldpay, about using stablecoins, according to another crypto company executive. WorldpayĀ announcedĀ last week that it would enable stablecoin payouts with its partner, the stablecoin infrastructure company BNVK.

A Worldpay spokesperson toldĀ FortuneĀ that the company ā€œdoes not comment on our clients.ā€

Elon Musk’s social media platform X has also recently been in touch with crypto companies about integrating stablecoins into its fledgling payments app called X Money, according to three sources. Musk, a former executive at the fintech giant PayPal, has long expressed ambitions about creating an ā€œeverything app,ā€ which would potentially include Venmo-like options for users to facilitate peer-to-peer payments. In January, XĀ announcedĀ a partnership with Visa to create a digital wallet.Ā Ā Ā 

X is currently in talks with payments processor Stripe to potentially integrate stablecoin payments, according to one source familiar with the matter. A spokesperson for Stripe declined to comment.

Patrick Traughber, former head of consumer products and payments, led the discussions but left in January to work on the Sam Altman-backed crypto project World, according to two sources. Payam Abedi, a senior software engineer at X, is now leading the conversations, according to two sources. His publicĀ LinkedInĀ profile lists his title as ā€œMoney at X.ā€ Abedi declined to comment, and Traughber did not respond to requests for comment.

Apple, which already has a massive presence in the payments ecosystem thanks to its Apple Pay system, has been in talks with crypto companies since January about integrating stablecoins into its payments infrastructure, according to four sources. One of these people toldĀ FortuneĀ that these talks have included conversations with Matt Cavin, a senior director at stablecoin issuer Circle, whose public LinkedIn profile lists his job description at Circle as ā€œstrategic partnerships in stablecoin payments.ā€ Circle did not respond to a request for comment.Ā 

Head in the cloud

While these three companies are in early conversations, Google Cloud is arguably the furthest along on stablecoin integrations. The tech giant has already accepted payments from two of its customers in PYUSD, PayPal’s stablecoin launched in partnership with the stablecoin infrastructure company Paxos. ā€œWe’ve invoiced the customer like we would normally invoice them. They’ve paid that bill the way they would normally pay it. But they’ve used stablecoins to effectuate settlement,ā€ Widmann, the Google Cloud executive, toldĀ Fortune.Ā 

Ā 

Although Widmann declined to say whether other divisions within Google were exploring stablecoins, he did say that the stablecoin payments went through Google’s central accounting office. ā€œThere isn’t a separate offshoot for stablecoin payments within Cloud,ā€ he said.

One crypto executive involved in the Big Tech discussions told FortuneĀ that one major roadblock for companies will be deciding which stablecoins to integrate. Tether, which issues the leading U.S.-dollar-backed stablecoin, has had longstandingĀ concernsĀ over its approach to compliance, and its main competitor, USDC, faces an uncertain futureĀ ownershipĀ as its parent company, Circle, just went through the initial publicĀ offeringĀ process. Other options, such as PayPal’s PYUSD face low adoption. The executive said that some Big Tech companies might consider launching their own stablecoin, though Democratic lawmakers have sought toĀ limitĀ this option.

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

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
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šŸ”— Crypto – Support via Coinbase Wallet to: [email protected]

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Fund Tokenization Prepares Asset Managers for ‘Perfect Storm’

Synopsis:

  • Great Wealth Transfer will see $84 trillion of intragenerational asset transfer over the next 20 years
  • Gen Y and Z investors favor investment in alternative asset types, which tokenization makes more investable for HNW clients
  • Tokenization encourages platform changes, and will ultimately bring additional operational benefits

A triumvirate of large-scale market changes are set to transform the asset management industry over the next decade.

With trillions of dollars worth of assets set to flow into the wallets of Gen X, Y, and Z investors, much of which will accumulate onchain, asset managers who move first to serve this new market will gain an advantage in capturing this revenue opportunity. The immediate opportunity is similar to when the ETF format was introduced in 1993, with first-mover State Street launching the SPY (SPDR S&P 500 ETF)—now one of the largest ETFs globally. The tokenized asset format is today’s generational opportunity.

Tokenization can unlock accessibility to alternative asset types and more composable assets and structures, enabling a significant change in how investors manage portfolios. With greater automation and rules-based investment allocations, entirely new strategies could also become economically viable. Integrating existing platforms with next-generation digital systems will enable the industry to modernize in stages, ultimately allowing for the adoption of new asset types at scale.

The forthcoming vicennial transformation of the industry will enable it to transform and emerge triumphant. Those at the forefront of this technology evolution stand to dominate and shape the future of asset management.

Ā 

Great Wealth Transfer prompts global investment shake-up

The asset management industry is on the cusp of the largest wealth transfer event ever, set to last for the next two decades. Consulting firm Cerulli AssociatesĀ estimatesĀ $84 trillion in assets is set to change hands as wealth passes from the baby boomer generation to Gen X, Y, and Z investors.

However, the investment behavior of these younger benefactors differs significantly from their forebears in two ways. Holding Web3 wallets and accounts on Robinhood, rather than brokerage accounts like their parents, millennials are opting for a more self-service model in their long-term holdings. Add to that the shift in risk appetite, searching for higher growth through less conventional asset types like private markets and crypto, and the need for the industry to transform quickly is clear.

Whilst the industry is not currently set up to offer this new investor class more customization, as opposed to one-size-fits-all product offerings, an 80% majority of asset managers believe customization for the masses will be an important investment strategy in the next five years.

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Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ryan Lovell, Chainlink Labs

Ā 

While asset managers could build their own proprietary blockchain infrastructure and smart contract systems from the ground up, that approach would require significant resources and specialized engineers, extend time to market, and be at higher risk of technical vulnerabilities or implementation errors. On the other hand, fully outsourcing the implementation would leave them with limited roadmap control, interoperability, and customizability, along with dependency risks.

Ryan Lovell, director of capital markets at Chainlink Labs, commented: ā€œThat’s why leading asset managers are taking a hybrid approach, leveraging both existing systems and Chainlink’s decentralized infrastructure to implement modular solutions that can scale across multiple blockchains.ā€

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Industry transformation through tokenization

The launch of tokenized funds by firms such as BlackRock, Franklin Templeton, and Fidelity International has created a need for the fund administration industry to evolve to an onchain format. However, nearly all,Ā 93% of fund services firms,Ā have not automated data inputs, data checks, and key workflows, so their operations are still manually intensive, leading to increased operational costs, reduced liquidity, and missed investment opportunities. Standard transfer agent processing can take between one and three days for routine transactions, and between five and seven days for complex cases requiring additional compliance checks, cross-border settlements, or manual document verification.

ā€œOperational efficiency is just the starting point of tokenizing funds,ā€ said Lovell. ā€œThe real value is meeting the needs of future investors who are increasingly accumulating wealth across multiple blockchain networks.ā€

In order to reach this new onchain world, asset managers and their service providers may not want to make a huge investment to completely change their infrastructure, but instead adapt their existing systems to make them compatible with multiple blockchains.

For example, in November 2024, SBI Digital Markets, UBS Asset Management, and ChainlinkĀ completedĀ the implementation of a tokenized fund to demonstrate how existing fund administration processes can be successfully made compatible with tokenized funds.

SBI Digital Markets, as a custodian and fund distributor, used smart contracts, oracle networks, and multiple blockchains to automate its processes. One of the key components was the digital transfer agent smart contract, which used multiple oracle networks from Chainlink and its blockchain-agnostic architecture to create aĀ unified golden record.

Lovell compared the digital transfer agent to an offchain/onchain coordinator that does everything that a traditional transfer agent does, but in digital form.

ā€œIt does not replace the existing system but enables firms to be compatible with blockchain and then offer a service that can scale to all their customers,ā€ he said. ā€œAsset managers should be demanding this from their service providers.ā€

The pilot showed that aĀ tokenized fund could maintain its share register on one blockchain while using Chainlink’sĀ Cross-Chain Interoperability ProtocolĀ (CCIP) to enable the processing of intensive fund lifecycle activities such as subscriptions and redemptions on different blockchains while meeting institutional security and compliance standards.

Swift, UBS Asset Management, and Chainlink alsoĀ settledĀ tokenized fund subscriptions and redemptions using the Swift network, which enables payments with fiat currencies across more than 11,500 financial institutions in over 200 countries.

Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā  Ā Winston Quek, SBI Digital Markets

Winston Quek, CEO at SBI Digital Markets, said in a statement: ā€œThis new way of launching fund structures and administering them via smart contracts empowers both fund managers and their service providers to deliver new onchain financial products and lower operational costs to investors, both things they are actively looking for.ā€

In addition to lowering costs, using blockchains increases transparency and allows real-time reconciliation between the fund distributor and the fund issuer. Lovell highlighted that Chainlink can also use the same architecture to enable investors who want to hold tokens that are backed by offchain assets, settle these tokens across any blockchain, incorporate data that is needed to process transactions onchain, such as NAV data, and coordinate payments between distributors and the asset managers.

In the U.S. there are requirements around private and public funds and Chainlink enables asset managers to consolidate and consume onchain record keeping while fulfilling regulatory obligations. U.S. funds also require the distributor to onboard users and buy and sell the fund while the custodian and fund accountant provide reporting data.

ā€œWe allow all of those service providers to coordinate outside of their firewalls,ā€ said Lovell. ā€œChainlink’s goal is to enable the TradFi and DeFi worlds to seamlessly connect, which increases utility.ā€

Ā 

The Great Wealth Transfer is driving asset management onchain

With $84 trillion set to flow from baby boomers to Gen X, Y, and Z, their demand for alternative asset types and customization will shape the future of asset management. While today’s systems may be prohibitively expensive to offer these benefits at scale, tokenization changes the economics.

Tokenized funds by BlackRock, Franklin Templeton, and Fidelity International have already proven the demand for onchain assets, while a solution by SBI Digital Markets, UBS Asset Management, and Chainlink has demonstrated the operational efficiencies of blockchain technology and how onchain assets can be provided at scale.

The choice is clear for asset managers and service providers: embrace the tokenization revolution and lead the next era of finance or risk being left behind. Those who act now will not only gain a first-mover advantage but also shape the future of the industry.

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šŸ™ Donations Accepted šŸ™

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

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) https://www.paypal.me/thedinarian

šŸ”— Crypto – Support via Coinbase Wallet to: [email protected]

Or Buy me a coffee: https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! NamastĆ© šŸ™ The Dinarian

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