Aragon PriceANT

Are stablecoins the new points program? Context: Amazon, Ant group, Walmart, Sony, plus all major US banks all recently announced intention of exploring issuing of stablecoins. → Companies issue stablecoin and points for similar reasons. Both points programs and issuing stablecoins can boost revenue & profits and be managed regardless of what products or services the company sells. → However, there are also critical differences. For one, stablecoins are 1-1 backed by a dollar, while points have variable redemption rate and operate only in a closed loop system. → What if stablecoins can be exchanged with points? This is not much of a stretch as points redemption for cash back is already a feature for credit card programs. If a company already has a points program, adding redemption of points to a company-issued stablecoin makes a lot of sense: the company gets to keep the value on its balance sheet and collect yields. → One potential downstream effect: C2B stablecoin payment becomes the next target for stablecoin-enabled companies. Cutting out the credit card network here could mean more value left to go between the consumer, merchant, and stablecoin issuer. Partner companies already have points transfer programs--it is not a stretch to see stablecoin payment programs. (Take above with a grain of salt as I'm just spitballing.)

AguilaTrades "Ant Position" 20x Short Position Has Already Incurred Over 12% Floating Loss.

WuBlockchain Weekly (Jun 7–Jun 13) : Bitcoin OP_RETURN Change Scheduled for October, Ant International Applies for Stablecoin Licenses in Multiple Regions, Solana ETF May Be Approved as Early as July and More

🚨🇺🇳 BREAKING: UN CHIEF CONDEMNS ESCALATION, URGES ISRAEL AND IRAN TO SHOW RESTRAINT UN Secretary-General António Guterres has voiced strong concern over Israel’s strikes on Iran’s nuclear facilities. Through his spokesperson, Guterres condemned any military escalation in the region and emphasized the danger of targeting nuclear sites while U.S.-Iran nuclear talks remain ongoing. He reminded all UN member states of their obligations under the UN Charter and international law, urging both Israel and Iran to show maximum restraint and avoid further escalation that the region "can hardly afford." Source: Fox

DTCC, a company at the heart of the U.S. financial markets, may launch its own stablecoin if regulatory conditions are met. Stablecoins are gaining traction among top global financial institutions. On Thursday, June 12, the Depository Trust & Clearing Corporation, is reportedly exploring developing its own stablecoin. According to company insiders, DTCC is prepared to move quickly into the stablecoin space once the U.S. enacts appropriate legislation. However, the firm has not issued an official press release confirming its plans, indicating it is waiting for regulatory clarity before taking action. .S. lawmakers are currently reviewing two major stablecoin-related bills: the GENIUS Act and the STABLE Act . Both propose strict transparency and disclosure requirements, mandating that stablecoins be backed 1:1 by cash and other liquid assets. While the proposed rules would place clear compliance obligations on issuers, they would also offer legal protection and regulatory certainty. As a result, many analysts expect that passage of these laws would pave the way for more established financial institutions to enter the stablecoin market. The move comes after Circle, the biggest stablecoin issuer in the U.S., went public in a successful IPO . The company delivered more than 271% in returns in less than one week of trading, and 4x returns to private investors like Sigil. Issuers like Circle profit by investing their stablecoins with short-term Treasuries, which generate yields. The more stablecoins they issue, the bigger their profits are. For Circle, this translates into $3 billion in gross interest income. This straightforward and lucrative revenue model is increasingly attractive to traditional financial institutions. Visa, MasterCard, and JPMorgan are among the big players that are exploring their own stablecoin launches. Big tech companies are also exploring a similar move, and Apple, X, Google, and Airbnb are among the potential issuers. Most recently, Chinese tech giant Ant International has launched its own stablecoin bid on June 12, applying for licenses in Hong Kong, Singapore, and Luxembourg..