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30.06.25 - 17:48
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Stablecoins Are Becoming ′Default Settlement Layer" For The Internet (ZeroHedge)
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Stablecoins Are Becoming 'Default Settlement Layer" For The Internet
Authored by Amin Haqshanas via CoinTelegraph.com,
Stablecoins have become the backbone of internet payments, with adoption now outpacing major traditional card networks in onchain volume, according to Noam Hurwitz, head of engineering at Alchemy.
Hurwitz told Cointelegraph that stablecoins have seen “explosive” adoption, adding that they are “becoming the default settlement layer for the internet.”
Companies like PayPal and Stripe are integrating stablecoins to leverage onchain infrastructure, enabling faster and cheaper transactions. “They've already surpassed Visa and Mastercard in onchain volume by 7%,” Hurwitz noted, signaling a decisive shift in how money moves online.
Alchemy, which provides infrastructure to some of the largest stablecoin ecosystems, is at the center of this transformation. Hurwitz said Alchemy is “the onchain provider for Robinhood Wallet” and powers stablecoin flows for fint...
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30.06.25 - 05:01
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Peter Thiel Warns: One-World Government A Greater Threat Than AI Or Climate Change (ZeroHedge)
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Peter Thiel Warns: One-World Government A Greater Threat Than AI Or Climate Change
In a wide-ranging interview on the future and global existential risks, billionaire technology investor Peter Thiel raised alarms not only about familiar threats like nuclear war, climate change, and artificial intelligence but also about what he sees as a more insidious danger: the rise of a one-world totalitarian state. Speaking to the New York Times' Ross Douthat, Thiel argued that the default political response to global crises—centralized, supranational governance—could plunge humanity into authoritarianism.
Thiel, co-founder of PayPal and Palantir, shared his worries using examples from dystopian sci-fi stories. “There's a risk of nuclear war, environmental disaster, bioweapons, and certain types of risks with AI,” Thiel explained to Douthat, suggesting that the push for global governance as a solution to these threats could culminate in a “bad singularity” - a one-world state that stifles f...
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26.06.25 - 22:12
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S&P 500 on the Brink of Record High | Open Interest 6/26/2025 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." Nvidia to extend gains after closing at record while Micron outlook fails to fuel further rally. Analysts are focusing on high-bandwidth memory, one of the major components of the data center expansion. PayPal CEO Alex Chriss discusses PayPal's new partnership with colleges for athlete payments. (Source: Bloomberg)...
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