Mercuryo

🌍 More than 500 million people now own crypto, and we're set to double that number and beyond. Why are people turning to on-chain? From investing in high-yield assets and stable staking programs to tokenizing art and real estate, sending money abroad to help family or pay for university, and engaging in rewarding communities – there's a wealth of possibilities for millions to build financial independence on-chain, often inaccessible in their own countries. Yet, few end up net positive. With over 7 million onboarded users, we've seen firsthand the struggle to convert crypto into cash. At the end of the day, we all need to cover daily expenses—groceries, rent, and more. Cashing out from crypto can be daunting. The options are risky: ⚠️ Sending funds to exchanges risks losing access if licenses are revoked.  ⚠️ P2P transactions can involve shady actors and result in bank account bans.  ⚠️ Direct off-ramping often means high fees and delays in receiving funds. No, this can't be the end of the road. There has to be a better way to spend crypto. So, we decided to act. 💡 We're introducing a new way to spend crypto directly from the wallet balance, with no P2P risks and no reliance on your average bank card. With Spend, users retain custody of their funds, spending them whenever needed. 💳 Spend is a debit card available across Mastercard’s 100 million-plus network of merchants and issued by Quicko. Enjoy instant card issuance (within seconds!) and seamless integration with Apple Pay and Google Pay. 🚀 With the Spend card powered by Mercuryo, leading web3 wallets will soon offer debit cards within their interface to their users. This will allow them to top up the card with a crypto balance and spend fiat anywhere in the world. Join us and some key market players who decided to give their users freedom of payment. Are you bullish enough? Join us now 👇link in the comments.

What would you do? 🤔

🤯 Crypto exchanges process billions in daily trading volume, yet many digital assets suffer from low liquidity, making transactions slow, expensive, or even impossible. How could Market Makers help address this? What is Crypto Market Making? 📊 Market making involves placing buy and sell orders for an asset, ensuring liquidity. This helps buyers and sellers transact easily without waiting for a perfect match. Market makers earn from the difference between the buy and sell prices. 💰 Market Making in TradFi 💼 In traditional finance, market makers ensure orderly trading by offering consistent buy and sell quotes. They keep the market stable, preventing sharp price swings and facilitating trades, even in illiquid conditions. A cornerstone of traditional markets. 🔑 Market Making in DeFi 🤖 Crypto market making follows similar principles but in a more volatile and fragmented ecosystem. Market makers ensure liquidity across centralized and decentralized exchanges, often using automated bots to adjust prices in real time for smoother trading. ⚙️ Why is Market Making Important? 🌐 Without enough liquidity, crypto trading can be slow or costly. Market makers stabilize prices, reduce volatility, and ensure trades execute smoothly. They are crucial in enabling efficient markets, particularly for smaller or emerging tokens. 📉

Yes, Bitcoin made it. For the first time in history, its price reached $100,000. How did it get here? 🤔 A perfect storm of halving cycles, institutional inflows, and unexpected political moves fueled this rally. Let's get into it 👇 🛠️ETF Inflows & the Halving Impact 2024 saw Bitcoin ETFs dominate, pulling in over $31B in net inflows. Combine that with April’s halving — cutting Bitcoin’s supply growth in half —and you have a textbook supply shock that sent prices soaring. 🗨️ The Trump Effect: Bitcoin Goes Political Donald Trump’s pro-Bitcoin stance rocked the market, from floating a national Bitcoin reserve to appointing crypto advocates in key regulatory roles. 💸 Wall Street’s Billion-Dollar Endorsement Once dismissed by traditional finance, Bitcoin is now embraced by Wall Street giants and companies like MicroStrategy. With ETF onboard, institutional investors have poured billions into BTC, further legitimizing its place in global finance. 🍕 From 10,000 BTC for Pizza to a $100K Coin Back in 2010, 10,000 BTC bought two pizzas. Today, that same 10,000 BTC is worth over $1B. Bitcoin's rise from a niche experiment to a $100K/coin juggernaut is one of the most remarkable stories in financial history. So, let's join the party? 🎉

💡 Stablecoins are reshaping the financial landscape, now boasting a $161 billion market cap (mid-2024). What’s driving this growth, and what does it mean for the future of money?

Mercuryo CEO Petr Kozyakov in Cointelegraph 🌐 Our CEO, Petr Kozyakov, spoke with Ezra Reguerra, a journalist at Cointelegraph, about how DeFi protocols and applications have the potential to offer financial products similar to those of banks. He also shared insights into Mercuryo’s latest initiative supporting 30 startups developing Web3 consumer use cases within DeFi. Read the full interview 🔗 https://lnkd.in/dRjzDDEx

Reflections on #DevCon that happened last week in Bangkok: The good, the great, and the not-so-great about the event 👉 Pascal Kurzawa and Max Zheng participated and shared their thoughts with the team. Here's a quick recap of their takeaways: 💡 Innovation, networking, and a few surprises: #DevCon in Bangkok was a mix of exciting breakthroughs, meaningful conversations, and the occasional eyebrow-raising moments. 🌟 Home base by Coinbase & Base Chain: The spotlight was on #USDC & #EURC stablecoin strategies and previews of innovative new tools. Highlights included: ➡️Coinbase AI: A portfolio assistant for stablecoins ➡️Coinbase Commerce: A low-code checkout for merchants A perfect example of innovation meeting connection 🤓 ✨ INJECTIVE: The stunning Four Seasons venue wasn’t just about aesthetics— it drew developers from other chains! Many are moving to Injective, inspired by their vision and ecosystem leadership. 📊 Prediction Markets: Polymarket’s success has inspired a wave of innovation, with prediction market projects popping up across nearly every chain. 🌍 Real-World Use Cases: At the Base meet-up, it was exciting to see #web2 founders building impactful blockchain applications—especially for payments and the gig economy. Real-world utility is gaining momentum! 🤔 The Noise: Not everything was rosy. Among the innovators, there were also projects and founders chasing quick token launches. However, the quality of conversations and attendees was notably higher than #TOKEN2049 this year. DevCon reminded us why we’re here: to build, connect, and push the boundaries of what’s possible. 🤞

💡 What if you could use your crypto for everyday purchases, instantly and with ease? Real-time payments are transforming how we engage with digital assets, making it easier than ever to spend crypto like cash. 📈The numbers don't lie—market research shows that cryptocurrency owners are eager to do more with their digital assets. 👇 Want to dive deeper? 👉Check out our latest piece — link in the comments below.

🌏✨ DevCon Bangkok 2024: A Week of Innovation, Connection, and Culture ✨🌏  This year’s DevCon in Bangkok has been an incredible melting pot of blockchain innovation, insightful discussions, and cultural exploration. From side events packed with top-tier founders to groundbreaking panels on Web3 advancements, the energy here is electric!  💡 Key Highlights from the Week:  1️⃣ Home Base by Coinbase & Base Chain     - Deep dives into USDC/EURC stablecoin strategies and previews of exciting new products.     - Standout initiatives like Coinbase AI (an assistant for stablecoin portfolios) and Coinbase Commerce (low-code checkout for merchants) stole the spotlight.     - A perfect blend of great ideas and even better networking.  2️⃣ BNB Chain Innovation Hack Bangkok & Incubation Alliance     - Hackathons, incubation sessions, and keynotes designed to empower Web3 builders. These events featured $230K+ in prizes and showcased the future of blockchain tech.  3️⃣ Cultural Meets Crypto     - From insightful sessions on AI and DeFi to exploring Bangkok’s cultural gems like Wat Pho and the Grand Palace, DevCon truly blended tech and tradition beautifully.  4️⃣ Top Talks & Panels     - Sessions like "The History of Cypherpunk" and Ethereum-focused talks by Vitalik Buterin drew massive crowds.  5️⃣ Products Boosting Retail Adoption     - Mercuryo recently announced its partnership with Mastercard to launch branded card programs. While gathering feedback and showing live demos, I saw projects buzzing with excitement. Soon, creating virtual debit cards with your favorite dApps could be a reality.  Bangkok has proven to be the perfect host, offering not just an engaging conference but a gateway to a vibrant culture that complements the innovation we see in blockchain.  Only downside - traffic. Making sure I get my own tuktuk next year...how does it look on me? 😄 Big thanks to all organizers, teams, and attendees who made this such a transformative experience!  👉 Read more about this year’s DevCon 2024 here: https://devcon.org/en/  #DevCon2024 #BlockchainInnovation #Web3 #CryptoCommunity #BangkokAdventures #Stablecoins #AIinCrypto #Networking

Did you know? 🤔 Brazil ranks among the top five countries globally in terms of crypto users, with an estimated 42% of the population involved in the crypto market. And PIX is helping to fuel this 👉🏽 Since Mercuryo integrated PIX in 2023, transaction volumes have surged, highlighting that PIX is the way to go for dApps wanting to expand in Brazil and Latin America.