Stabolut

The FCA Sets the Stage for #Stablecoin Regulation 🇬🇧 (DP24/4): In its recent Discussion Paper (DP24/4), the UK Financial Conduct Authority (FCA) explores a regulatory framework for fiat-backed stablecoins to align them with traditional financial standards and mitigate risks. 👇 Key principles include: - Reserves: Stablecoins must be backed 1:1 with fiat holdings, subject to regular audits to ensure financial stability. - Redemption: Users must be able to redeem stablecoins on-demand with minimal delays. ⏱️ - Segregation: Reserve assets must be separated from issuer funds to protect user interests and minimize exposure. 🛡️ - Transparency: Issuers must provide regular disclosures and independent audits of reserves to build market trust. This paper marks a significant step toward comprehensive crypto regulation in the UK, aiming to balance innovation with investor protection. Could this approach position the UK as a leader in global crypto adoption? 🚀 #Stablecoins #CryptoRegulation #FCA #DigitalAssets #UKCrypto #Innovation

⚡️ New report alert ⚡️ Stablecoins: The Most Lucrative Business Opportunity Onchain. Once a supporting actor, stablecoins now assume a central role on the global financial stage. Their annual transaction volumes pushed even Visa’s and Mastercard’s performance out of the spotlight. How did that happen? ➡️ Check out our report to explore: https://lnkd.in/d5u2Ti28 🤝 Meet the Stablecoins report partners and research contributors: Rune Christensen - Co-Founder, MakerDAO, now Sky Sky.money is a non-custodial platform for accessing Sky Protocol, featuring the USDS stablecoin, savings rates & rewards, while ensuring user control of assets. Eneko Knorr - Co-Founder and CEO, Stabolut Stabolut offers USB, a crypto-backed stablecoin pegged to the US dollar, operating independently of traditional banking systems. Cyrille Brière - Contributor, f(x) Protocol The f(x) Protocol splits yield-bearing tokens into stable assets (fETH, fxUSD) and volatile assets (xETH, xstETH). Users can manage risk and exposure to ETH. 🌟 Big thanks to the outstanding lineup of thought leaders, builders, and experts who shared their insights: Jessica Gaubert - Co-Founder and COO, Haraka Oyedeji Oluwoye - Co-Founder, Canza Finance Erwan Mismaque - Head of Onchain Finance, Lisk Patrick Hansen - Senior Director, EU Strategy & Policy, Circle Sanja Kon - VP of Partnerships & Business Development, Europe, Circle Jeremy Allaire, Co-Founder and CEO, Circle Paolo A. - CEO, Tether.io Martin de Rijke - Head of Growth, MAPLE FINANCE Christian Duffus - Co-Founder, Fonbnk. Last but certainly not least, huge congrats to the Onchain team on the new release! Michał Moneta, PhD, Leon Waidmann, Dr. Ananya Shrivastava, Amreen Khan, Ruth M. Trucks, Kade Almendinger, Veronica Kirin, Chris Braithwaite, Boris Agatić, Lucas De Melo, mba, Adewale Aloba, Arin Soleymani, Ashton Barger, Timothy Stevens. 👏🏻 #Stablecoins #Web3research

Excited to speak later today at the stablecoin panel in Taipéi Taipei Blockchain Week 🇹🇼

We are ready for #TBW2024 this week. Looking forward to seeing you all!

🌟 Meet the Innovators Shaping Bitcoin's Future: Our New Bitcoin Base Camp Cohort We’re proud to introduce five pioneering startups leveraging Bitcoin to push the boundaries of innovation. This cohort explores stablecoins, memecoins, decentralized finance, and streamlined wallet solutions—all shaping the next phase of Bitcoin’s evolution. After the successful completion of our first Bitcoin Base Camp in early 2024, we’re excited to announce the second cohort of our Bitcoin Base Camp Accelerator. This program is Outlier Ventures’ dedicated accelerator for Web3 startups advancing the Bitcoin ecosystem. We help visionary teams scale their projects to launch. Our Bitcoin team works closely with each founder on technical validation, product design, fundraising strategy, legal guidance and market positioning. Through weekly workshops, in-depth check-ins, mentorship from industry experts, and connections with top investors, we ensure these teams are equipped for sustainable growth. Meet the Cohort 1/ Palladium Labs 🇮🇳 Palladium Labs is a censorship-resistant stablecoin protocol unlocking interest-free liquidity on BTC and its LSTs. 2/ Funkybit 🇺🇸 Funkybit allows users to instantly create and trade Bitcoin memecoins using stablecoin liquidity pools. 3/ Stabolut  🇭🇰 Stabolut offers a yield-bearing stablecoin backed by crypto assets, designed to set a new standard for decentralization. 4/ Bako 🇧🇷 Bako provides a comprehensive suite of tools for wallet and identity management. 5/ Spindle 🇺🇸 Spindle is a decentralized lending, borrowing, and strategy platform for Bitcoin Layer 2 EVM-compatible blockchains. Supporting the Cohort The Bitcoin Accelerator supports founders globally, helping them scale and succeed in high-growth sectors. The program will culminate in a demo day where these teams will showcase their progress to investors and partners. 👇 Learn more about the cohort in our blog post: https://lnkd.in/esc83Dxb Ready to Launch Your Web3 Startup? Join Outlier Ventures’ accelerator programs and become part of a community shaping the future of blockchain. https://lnkd.in/g3yxniV 🔥 The Post Web Base Camp Accelerator is Live 🔥 We’re calling founders building the next generation of the internet—focused on DeAI, DePIN, RWA, DLT, and emerging technologies. If you believe you can lead the way to the #PostWeb, apply or reach out to our team. 🌐 https://lnkd.in/dZZfKeU7

Ready for Emergence Conference by The Block in Prague!

🚀 Key takeaways you can't miss from Quinlan & Associates' "From Digital Currency to Legal Tender" report. This report explores how regulated stablecoins are poised to revolutionize payments and beyond. Here are the key takeaways you need to know: 👉 Read the full report here: https://lnkd.in/gracWCHx 1. Stablecoins: The Bridge Between Web3 and Real-World Finance → Stablecoins combine blockchain technology with fiat stability, offering transparency, programmability, and reduced volatility. → However, adoption is limited: 93% of stablecoins are USD-backed, and only ~0.2% of e-commerce transactions use them. 2. Regulation as the Key to Adoption → Regulated stablecoins mitigate risks like volatility and liquidity shortages, building trust with users and institutions. → The EU's MiCA framework has boosted trading volumes for coins like USDC and EURC by 3-4x, proving regulation's impact. 3. Transforming Payments → Stablecoins enable faster, cheaper domestic and cross-border payments by eliminating intermediaries. → Hong Kong is leading innovation, with the HKMA testing regulatory frameworks and sandbox programs to integrate stablecoins into financial systems. 4. Beyond Payments: Unlocking New Opportunities → Stablecoins are reshaping banking services, from instant loans to programmable savings. → In Web3, they simplify crypto trading and enable tokenized assets like real estate. → Supply chains benefit from streamlined payments, enhanced transparency, and improved cash flow. 5. The Big Question: Does the Future Lie in Regulation? The report suggests that regulatory clarity is the key to unlocking stablecoins' full potential. But what do you think? Is regulation essential for adoption, or can innovation thrive in a more decentralized framework? 💡 Stay ahead in the world of stablecoins and Web3! Follow us for the latest insights into the future of money and digital payments. #Stablecoins #Blockchain #Web3 #Finance #Regulation #DigitalPayments #FutureOfMoney

Our CEO Eneko Knorr's comments for FXStreet on the climb of BTC to its all-time high, and performance vs. other assets. - Bitcoin and Solana are beating Ethereum in terms of institutional capital inflows and memecoin volume. What are the main drivers of the current bull market? "Eneko Knorr, CEO and co-founder of Stabolut, echoed a similar sentiment, highlighting how Bitcoin's brand influence has scaled in the traditional financial landscape." "High-profile endorsements [...] from President-elect Donald Trump and other politicians pledging to create Bitcoin reserves, along with bullish predictions from CEOs of major financial institutions like BlackRock and VanEck, have bolstered its appeal," said Knorr. "While Bitcoin has successfully broken out of the niche crypto community to become a globally recognized and trusted asset among investors, Ethereum still lags behind in terms of brand strength and recognition as a reliable and popular investment," he added. According to Zentner, Davies and Knorr, Ethereum needs to overcome key challenges for the tide to shift in its favor. These include global recognition, stronger narrative, increased activity and higher accessibility like Bitcoin."

🇹🇭Stabolut is excited to be part of #Devcon2024 in Bangkok, one of the largest conferences in the industry, running from 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟭𝟮𝘁𝗵 𝘁𝗼 𝟭𝟱𝘁𝗵!  Planning to be there? Reach out to connect!

Yes, it's about time! #firegensler Finally!!!