youngFUDs Hopium Chat

🐦 Via channel ↣ by @brian_armstrong (3M) Narrative violation ╭─ 🔗 Quoting @faryarshirzad (15.7K) 📸 🧵 The impact of stablecoins on small banks has received a lot of attention, but not for the right reasons. Let’s recap: Multiple empirical studies have found no meaningful link between stablecoin growth and bank deposits. As USDC grew to ~$75B, overall bank and community bank deposits grew right alongside it. In fact, over the last 6 months, USDC has grown 4.6%, and total demand deposits have grown 4.5%. No displacement there. Now the part small banks should actually care about: stablecoins enable ~4,000 community and regional banks to punch above their weight. Same 24/7 settlement and cross-border rails as a $3T GSIB. And with partners like @Fiserv, ...read more 💬 29 🔁 1 ❤️ 18 👀 8K ⌚ 1m ago ♻️ ℹ️ ✨ 🗑 👾 Run /vx classic for classic 𝕏 reposts.

🐦 Via channel ↣ by @itwaswrittenlol (1.8K) @brian_armstrong Put the Coinbase Man PFP back on and keep it for the remaining year to show the @base community that you care about them Cuz yeah what u did was a narrative violation 💀💀 Time to make up for it 🙂 ╭─ 🔗 Quoting @itwaswrittenlol (1.8K) 📸 My suggestion to solve all the drama and save the face & future of @base Public apologize to all base users and show them you are serious about it by spot listing ...read more ╭─ ↩️ Replying to @brian_armstrong (3M) Narrative violation 🔁 2 ❤️ 4 👀 27 ⌚ 2m ago ♻️ ℹ️ ✨ 🗑 👾 Run /vx classic for classic 𝕏 reposts.

🐦 Via channel ↣ by @Purpman123 (1.9K) Talking to @brian_armstrong after bridging and buying $BRIAN 🔁 1 ❤️ 12 👀 293 ⌚ 16h ago ♻️ ℹ️ ✨ 🗑 👾 Run /vx classic for classic 𝕏 reposts.