#StableCoin

[gwydionmisha]

The goal is to drain the treasury of valuable assets to give Trump and a handful of his mega-donors by buying up their scam bitcoin. This will be a massive transfer of taxpayer money directly into the pockets of billionaires.

This is NOT a coincidence:

Now is a great time to tell your Senator's to oppose Cynthia Lummis' Crypto bill.

If you can't safely contact them in person, here are some other options:

Five Calls to your critters: https://5calls.org/

Here is one that will send your reps a fax: https://resist.bot/

[political-us]

Feb 14 (Reuters) - The rise of "pig butchering" scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams to a record high in 2024, according to blockchain analytics firm Chainalysis.

Revenue from pig butchering scams, where perpetrators cultivate relationships with individuals and convince them to participate in fraudulent schemes, increased nearly 40% in 2024 from the previous year, the firm estimated in a report published on Thursday.

Revenue in 2024 from crypto scams was at least $9.9 billion, although the figure could rise to a record high of $12.4 billion once more data becomes available, it said.

"Crypto fraud and scams have continued to increase in sophistication," Chainalysis researchers said.

The company pointed to marketplaces that support pig butchering operations and the use of GenAI as factors making it easier and cheaper for scammers to expand operations.

https://www.reuters.com/technology/crypto-scams-likely-set-new-record-2024-helped-by-ai-chainalysis-says-2025-02-14/

[dreaminginthedeepsouth]

LETTERS FROM AN AMERICAN

May 5, 2025

Heather Cox Richardson

May 05, 2025

On his social media feed yesterday evening, President Donald J. Trump announced he was “directing the Bureau of Prisons, together with the Department of Justice, FBI, and Homeland Security, to reopen a substantially enlarged and rebuilt ALCATRAZ, to house America’s most ruthless and violent Offenders…. The reopening of ALCATRAZ will serve as a symbol of Law, Order, and JUSTICE. We will, MAKE AMERICA GREAT AGAIN!”

No one is reopening the island of Alcatraz as a federal prison. Officials closed it in 1963, after 29 years of operation, because it was too expensive to operate: more than three times as expensive as any other federal prison. Since then, it has become one of the most popular sites of the National Park Service, located as it is in San Francisco Bay, easily accessible by ferry.

It feels rather as if Trump is throwing any strong words he can at the wall to distract from a series of news stories that are not going his way.

One of those stories is that Trump’s popularity is falling in rural areas, which make up his base. That popularity is unlikely to rebound quickly, as rural areas are being hardest hit by the administration’s cuts. It’s possible Trump hopes that throwing the word “Alcatraz” in all caps at those voters will remind them that he is supposed to be the president who will crack down on the immigrants he insists are dangerous criminals.

But seven journalists from the Washington Post reported yesterday that many of the men rendered from the U.S. to El Salvador were in the U.S. legally and were complying with U.S. immigration rules. Furthermore, although the Trump administration said it had to send the men to El Salvador because Venezuela would not take them back, the journalists reported that Venezuela refused the transfer only after Trump invoked the Alien Enemies Act. Trump’s proclamation said that property belonging to those he deems enemies is subject to “seizure and forfeiture,” and Venezuela was not willing to send planes under those circumstances.

Since then, the Washington Post journalists report, Venezuela has accepted at least two deportation flights a week.

When asked about the initial flights to El Salvador, the White House fell back on the argument that rendering the migrants to El Salvador was Trump’s prerogative under the president’s power to manage foreign affairs, a prerogative the Supreme Court protected in its 2024 Donald J. Trump v. United States decision saying that the president cannot be prosecuted for crimes committed as part of his official acts. White House spokesperson Anna Kelly told the Washington Post journalists the administration would not “detail counterterrorism operations and foreign policy negotiations with foreign countries for the press.”

Also commanding attention these days is the corruption in the Trump administration, centering around Trump and the Trump family. In The Times yesterday, Dominic Lawson recalled that Trump’s former fixer, Michael Cohen, wrote that Trump admired Russian president Vladimir Putin primarily for his ability “to take over an entire nation and run it like it was his personal company—like the Trump Organisation, in fact.” Lawson observed that Trump was not able fully to realize that dream in his first term, but “now he is indeed running the U.S. government as an extended arm of the Trump Organisation.”

There is the easy-to-understand corruption, like Trump’s exempting the products of his big-oil donors from tariffs, slashing the division of the Internal Revenue Service that audits high-earning individuals and corporations, or offering businessmen a one-on-one meeting with him at Mar-a-Lago for $5 million, or a group dinner for $1 million.

Then there is the more complicated corruption involving business deals with foreign governments. The Constitution spells out that “no person holding any Office of Profit or Trust under [the United States] shall, without the Consent of the Congress, accept…any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.” An emolument is a profit, fee, salary, or advantage.

On January 10, 2025, shortly before the start of his second term, Judd Legum of Popular Information explains today, Trump simply released an “ethics agreement” that prohibited the Trump Organization from making deals with foreign governments. Already, Legum reports, the Trump Organization has violated that agreement. Last Thursday it cut a deal with Qatari Diar, a company established by Qatar’s sovereign wealth fund in 2005 to “coordinate the country’s real estate development priorities.” Together with Saudi Arabian company Dar Global, which has close ties to the Saudi government, the Qatari company will build a $5.5 billion Trump International Golf Club in Qatar.

And then there is the massive corruption of the Trump family’s involvement in cryptocurrency. As Lawson points out, the Trumps control World Liberty Financial, which has its own cryptocurrency, $WLFI. Foreign nationals who are barred from donations to American political campaigns have invested in that coin. One of them is China-born billionaire Justin Sun, who was under investigation by the Securities and Exchange Commission when Trump took office, bought $75 million in the coins, and then successfully lobbied for a pause in the SEC case to negotiate a settlement.

World Liberty Financial also produces a different cryptocurrency: USD1, which is known as a “stablecoin” because it is pegged to the dollar. Last Thursday, May 1, a founder of World Liberty Financial announced that an investment firm backed by the government of the United Arab Emirates would use USD1 to complete a $2 billion deal with Binance.

Binance is the world’s biggest cryptocurrency exchange. It is monitored by the U.S. government because in 2023 it admitted to money laundering. Binance’s founder, Changpeng Zhao, has asked Trump for a presidential pardon.

As David Yaffe-Bellany reported in the New York Times, investors deposit money in stablecoins because their value is pegged to a state-backed currency and thus fluctuates very little. The stablecoin owner makes money by using that deposit to invest for returns that the stablecoin owner then keeps. Yaffe-Bellany notes that although the details of the UAE–World Liberty Financial deal are opaque, “it appears that…World Liberty now has $2 billion in deposits to invest. Those funds alone could generate tens of millions of dollars a year in revenue for the Trump family and its partners at World Liberty.”

Yaffe-Bellany also notes that the partnership signals to investors around the world that working with the Trump-associated company can pay off.

The $WLFI and USD1 coins are separate from the $TRUMP memecoin that the president launched on January 17, 2025, just before he took office, and which the Financial Times estimates had netted about $350 million by early March. By late April it had fallen 88% from its high. Trump then offered the top 220 holders of the coin an “intimate private dinner” with the president, bumping up sales and making an estimated $900,000 in trading fees.

Trump is also getting hammered on his tariffs, and his frustration is showing. The president appears to like monkeying with tariffs because, unless Republicans take back Congress’s power to manage tariffs, he can just make a decree and watch the world jump. But the economic effects have shocked Americans. That shock is encapsulated in the news beginning to sink in that toys are highly dependent on trade with China: 80% of the toys sold in the U.S. come from there. Ninety-six percent of U.S. toy manufacturers are small businesses, highly dependent on supply chains from other countries.

Christmas orders should already be underway, but because of the tariffs, they are not. Trump has taken to arguing that girls need fewer dolls. Representative David Joyce (R-OH) acknowledged this morning on CNN that Christmas trade is already slowing down, but added: “I think American people will understand that because American people understand shared sacrifice.”

Americans who didn’t realize they were going to be asked to sacrifice—Trump promised that foreign countries would pay for tariffs, after all—have been pushing back against the tariffs. Apparently angry at being asked how trade negotiations are going, Trump last night told reporters on Air Force One: “At the end of this, I'll set my own deals because I set the deal. They don't set the deal. I set the deal. They've been ripping us off for years. I set the deal.... I'm going to be setting the deal. I'll be setting the tariff.”

Last night, in a social media post, Trump announced that foreign-made films are a national security threat and said he would institute “a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands.” Today the White House walked the announcement back.

And then there is the Signal scandal, which got even worse yesterday when Joseph Cox and Micah Lee of 404 Media reported that a hacker was able to breach the TeleMessage app administration officials have been using in about 15–20 minutes. TeleMessage is a clone of Signal that has the additional ability to archive messages. The hacker retrieved messages, usernames and passwords, and data related to Customs and Border Protection and banking institutions. The hacker did not retrieve all it was possible to see, but could have done so, making the point that the system is not secure. This afternoon the company that owns TeleMessage announced it was suspending service.

Today, likely reacting to voter sentiment and looking to 2028, Georgia governor Brian Kemp announced he would not challenge Democratic senator Jon Ossoff for Ossoff’s seat in 2026.

Also today, at a meeting to announce that Washington, D.C., will host the 2027 National Football League draft, Trump confirmed that he suddenly decided to announce he was reopening Alcatraz because the word sounded strong. “It represents something very strong, very powerful in terms of law and order. Our country needs law and order. Alcatraz is uh, I would say the ultimate, right? Alcatraz. Sing Sing and Alcatraz, the movies.... Nobody's ever escaped from Alcatraz and just represented something, uh, strong having to do with law and order. We need law and order in this country. And so we're going to look at it. Some of the people up here are going to be working very hard on that, and, uh, we had a little conversation. I think it's gonna be very interesting. We'll see if we can bring it back. In large form, add a lot. But I think it represents something. Right now, it's a big hulk that's sitting there rusting and rotting, uh, very, uh, you look at it, it's sort of, you saw that picture that was put out. It's sort of amazing, but it sort of represents something that's both horrible and beautiful and strong and miserable, weak. And it's got a lot of it's got a lot of qualities that are interesting. And I think they make a point.”

LETTERS FROM AN AMERICAN

HEATHER COX RICHARDSON

[thefreethoughtprojectcom]

Your financial sovereignty is already under attack, and the last off-ramps are disappearing.

Read More: https://thefreethoughtproject.com/cryptocurrency/the-stablecoin-trap-the-backdoor-to-total-financial-control

#TheFreeThoughtProject

[gominerblog]

U.S. Senate Takes Key Step to Regulate Stablecoins 🇺🇸

The U.S. Senate Banking Committee has approved a bill to regulate stablecoins — the GENIUS Act, marking a crucial first step toward its adoption. The bill passed with an 18-6 vote and now heads to the Senate floor.

This initiative sparked heated debates. Democrats, particularly Senator Elizabeth Warren, criticized the bill, claiming it poses a "clear threat to national security" in its current form. Warren also expressed frustration that her proposals to strengthen regulatory controls were rejected.

Despite the controversies, Republicans highlight that the bill is a result of bipartisan cooperation and incorporates input from both sides. Now, the GENIUS Act awaits further consideration in the House of Representatives and the Senate before it can become law.

[nexvoltfinanceacademy]

Market Shockwaves! G7 Crypto Rules Hit - Is NEXVOLT Finance Academy Predicting the Fallout?

FLASH REPORT: G7 Announces Coordinated Stablecoin Reserve Framework – Crypto Markets React Instantly.

Data Points (Immediate Impact - Approx.):

BTC: Sharp dip, briefly testing sub-$65,000 levels before partial recovery. Increase in exchange volume noted.

Major Stablecoins (USDC, EURT): Temporary spike in redemption requests; minor deviations from $1/€1 peg observed on some DEXs (Decentralized Exchanges) before stabilizing. Trading volume up ~15% in the hour following the announcement.

DeFi Tokens: Select protocols heavily reliant on affected stablecoins saw ~5-8% drops as liquidity providers reassessed positions.

Analysis: Today's surprise G7 announcement outlines stricter, unified reserve requirements for major stablecoin issuers operating within member jurisdictions. The proposed rules mandate higher percentages of cash and short-term government debt, reducing reliance on commercial paper.

The market's knee-jerk reaction highlights extreme sensitivity to regulatory developments from major economic blocs. The speed of the BTC dip and stablecoin volume surge underscores how quickly capital shifts based on perceived regulatory risk. Understanding the nuances of such policies and their immediate financial implications is critical for navigating this space – a skill emphasized by educational platforms like NEXVOLT Finance Academy.

While traditional markets saw minor moves (e.g., Capital Investment Trust Corp stock up slightly on unrelated news), the crypto sphere experienced significant, policy-driven volatility. This demonstrates the unique impact profile of geopolitical and regulatory actions on digital assets. Staying informed via resources potentially offered by NEXVOLT Finance Academy could be crucial for risk management.

Outlook: Expect continued volatility as the market digests the full text and potential implementation timelines. Focus shifts to issuer responses and potential impacts on DeFi liquidity pools.

Stay informed on policy impacts: https://www.nxvvj.com/#/home

[crypto28ro]

Criptomonede și Economia Circulară Urbană

În ultimele decenii, aglomerările urbane au devenit adevăraţi poli de dezvoltare economică, concentraţi de populaţie și consum considerabil de resurse. Planeta se confruntă cu probleme acute de poluare, creșterea volumului de deșeuri, epuizarea materiilor prime și inegalități economice. Pe acest fond, conceptul de economie circulară s-a impus ca un model fundamental diferit de cel liniar – în…

[neomoonapp]

Las mejores alternativas de tarjetas de crédito en dólares para Latinoamérica en 2023

Latinoamérica está experimentando una revolución financiera digital. Aunque apenas el 49.1% de la población mexicana tiene acceso a servicios bancarios, los métodos de pago digitales y soluciones innovadoras están llenando ese vacío, ofreciendo alternativas financieras frescas a la población. En este artículo, exploraremos las opciones disponibles para los latinoamericanos que desean solicitar tarjetas de crédito en dólares y cómo Neomoon se alza como líder en este espacio.

Alternativas disponibles

Neobancos: Bancos puramente digitales como Nubank que ofrecen soluciones primordialmente a través de aplicaciones móviles.

Startups de Tarjetas: Compañías como Stori, Rappi Pay, y Fondeadora proponen tarjetas gestionadas en su mayoría a través de aplicaciones.

Otras tarjetas populares para viajar: Opciones como Revolut, N26 y Wise, que presentan soluciones sin comisiones para viajeros.

Neomoon: Una innovadora propuesta que va más allá de ser simplemente una tarjeta, integrando el mundo de las criptomonedas con el financiero convencional.

Neomoon: Más que una tarjeta

Neomoon es una combinación de múltiples soluciones financieras: es tarjeta, es neobanco, es billetera digital, y es mucho más.

Diversidad de opciones: Proporciona tanto una tarjeta de crédito virtual Mastercard Gold como una física Platinum Mastercard, ambas en dólares estadounidenses.

Versatilidad Financiera: No se limita a ser solo una tarjeta. Funciona también como un neobanco y una billetera digital, ofreciendo cuentas en dólares tanto a usuarios como a comercios.

Portal P2P Propio: Neomoon brinda su propio espacio de intercambio peer-to-peer, permitiendo el intercambio de distintos medios de pago y facilitando las transacciones dentro y fuera de su ecosistema.

Soluciones Tecnológicas para Comercios: Desde POS ilimitados hasta herramientas que impulsan ventas, Neomoon se posiciona como un aliado indispensable para los negocios.

Tecnología Inclusiva: Ya sea que tengas el smartphone más avanzado del mercado o ni siquiera cuentes con uno, Neomoon tiene soluciones adaptadas a cada usuario.

Comunidad en Crecimiento: Con más de 200 mil usuarios, su expansión ha sido en gran parte orgánica, impulsada por recomendaciones boca a boca. Es muy probable que conozcas a alguien que ya esté aprovechando los beneficios de Neomoon.

Adicionalmente, te invitamos a seguir la cuenta oficial de Neomoon en Instagram, donde encontrarás valioso contenido sobre educación financiera y las últimas actualizaciones de la plataforma.

Conclusión

En medio de una gama amplia y variada de tarjetas para viajar sin comisiones en 2023, Neomoon se destaca no solo por sus ventajas en términos de tarjeta de crédito, sino por ser una solución financiera integral. Con una propuesta que integra el mundo financiero tradicional y digital, y adaptada a las diversas necesidades del mercado latinoamericano, Neomoon se presenta como la opción de futuro para aquellos que buscan innovar en sus finanzas personales y comerciales.

[beleaf-blockchain-company]

Societe Generale has achieved a historic milestone as the first major bank to launch a stablecoin on the Ethereum blockchain. This move highlights the intersection of traditional banking with decentralized finance (DeFi), showcasing and increase the recognition of blockchain technology in the financial sector.

[ecoeconomicepochs]

Inventor Thomas Edison’s Monetary Option circa 1921 Thomas #Edison introduced his latest #invention: a new type of money, a commodity index #currency he believed was the long-term solution to America's monetary woes. “I want to cast the variable out of money. This gold #money is not good enough. It's a fiction” New York Times 1922 Type: Research Article Journal of the History of Economic Thought, Volume 28, Issue 3, September 2006, pp. 295 - 308 DOI: https://doi.org/10.1080/10427710600857773 Copyright  The History of Economics Society 2006 LINK: https://www.cambridge.org/core/journals/journal-of-the-history-of-economic-thought/article/abs/thomas-edisons-monetary-option/ #economics #currency #stablecoin #biocoin #money #economy

[stevensaus]

Senate passes GENIUS Act—criticized as gifting Trump ample opportunity to grift

Democrats warn stablecoin bill could enable unprecedented government corruption.

Senate passes GENIUS Act—criticized as gifting Trump ample opportunity to grift

Archive Links: ais ia

[36crypto]

XRP’s Future Sparks Clash as Expert Says Stablecoins Can’t Replace It

Jake Claver, a well-known business strategist, has rejected claims that the growing use of stablecoins makes XRP less necessary in cross-border finance. Posting recently on X, Claver argued that stablecoins cannot replace XRP’s unique role as a neutral bridge asset in global settlements. According to Claver, the issue is rooted in a lack of trust between banks. Claver revealed that over 27…

[thefreethoughtprojectcom]

While CBDC opponents championed stablecoins as the free-market alternative, testimony from industry leaders revealed that they carry many of the same risks.

Read More: https://thefreethoughtproject.com/cryptocurrency/congressional-hearing-reveals-stablecoins-and-cbdcs-share-the-same-financial-control-risks

#TheFreeThoughtProject

[10bmnews]

XRP Addresses Holding 1M Coins Reach 12-Year High As Experts Predict Move Above $4

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu…

[agrousd]

AgroUSD: The Stablecoin That’s Changing the Way We See Digital Finance

With 1:1 USD backing, transparency protocols, and blockchain integration, AgroUSD is leading the next wave of secure global transactions.

🌐 Why AgroUSD Is a Game-Changer in the World of Stablecoins

Let’s face it — crypto has incredible potential, but volatility keeps many users on edge. That’s where AgroUSD makes a real difference. It’s not just another token in the digital jungle. AgroUSD is a stablecoin backed 1:1 by the US dollar, combining the best of traditional finance with the speed and transparency of blockchain.

Its mission is simple: make digital payments secure, fast, and stable for everyone. And it does so with real reserves, regular audits, and full public transparency. Whether you’re a business or just someone who wants peace of mind when managing money online, AgroUSD gives you that confidence.

💵 Real Value Meets Real Innovation

Unlike many digital assets that swing up and down daily, AgroUSD stays steady. Every single token is backed by one actual US dollar, held securely in reserve. This isn’t just a promise — it’s verified through independent audits shared openly with the community.

Add blockchain into the mix and you get fast, low-cost, global transactions. No middlemen, no hidden fees, and no waiting days for transfers to clear. AgroUSD is designed for the real world — and that means real people, real businesses, and real needs.

🔒 Say Goodbye to Volatility Stress

We all know the crypto world can be chaotic. One day you’re up, the next you’re wondering where your value went. AgroUSD offers something different: stability.

For users in countries with economic uncertainty or high inflation, AgroUSD acts as a digital safe haven. It's perfect for freelancers, global businesses, or anyone who wants to store and move value without worrying about price crashes.

🔍 Transparency You Can Trust

AgroUSD doesn’t just talk about trust — it proves it. With regular reports, open audits, and a 1:1 guarantee, users can always verify where their money is and how it’s protected. That level of honesty is rare in today’s digital finance landscape.

And as Revista Negocios highlights, these new transparency and security standards are setting a benchmark for the whole industry.

💬 AgroUSD is more than just a stablecoin — it’s a smarter, safer way to manage your money in the digital world.

🔗 Learn more: AgroUSD boosts global trust with transparency