Agora's AUSD Stablecoin Shows Strong Growth and Business Vision
Agora's AUSD Stablecoin Shows Strong Growth and Business Vision
馃殌 AUSD's Million-Minute Mystery
AUSD by Agora demonstrates significant traction with over 1M transfers per minute and $10B+ in transaction volume. At PayFi Summit in Hong Kong, CEO Nick van Eck outlined the company's vision beyond stablecoin issuance.
Key metrics:
- 25,000+ active users
- $10B+ transaction volume
- 1M+ transfers per minute
Agora aims to become a comprehensive business operating system, offering:
- Digital dollar access
- Revenue sharing opportunities
- Unified financial management hub
- Integrated fiat-crypto operations
With 1M+ total transfers every minute, $10B+ in total transaction volume, and 25,000+ users, AUSD by @withAUSD is no stranger to stablecoin enthusiasts. As a key sponsor of PayFi Summit @consensus_hk, Agora's CEO, @Nick_van_Eck, emphasized in his keynote that they aim to be more
Huma 2.0 April Update and Community Q&A Highlights
Huma 2.0 achieved significant milestones in April: - $25M filled in 10 days - 33K+ total depositors (6x growth) - $4B+ transaction volume Key Q&A highlights: - Growth driven by real double-digit yields and retail access - Pool caps maintain high capital utilization - $PST to $mPST conversion available with 3-6 month lock periods - Upcoming Kamino Liquidity Vault integration - Security features include minimal admin rights and audits by Halborn and Spearbit - Token Generation Event (TGE) still targeted for Q2 The protocol emphasizes active liquidity over total TVL, with built-in protections against yield dilution.
Huma 2.0 Launches Permissionless DeFi Platform with Real-World Yields
Huma has announced the launch of its 2.0 platform, marking a significant shift in DeFi accessibility. The update introduces: - Permissionless access while maintaining compliance - Double-digit yields from real-world financial transactions - New reward system with Huma Feathers - 1:1 conversion of existing Huma points to Feathers The platform focuses on sustainable returns through real-world financial transactions, making DeFi accessible to everyone outside restricted regions. This launch represents a key milestone in PayFi evolution. Want to learn more about real-yield opportunities? Visit [Huma](https://huma.finance)
PayFi Summit Announces Notable Speakers for Hong Kong Event
The upcoming PayFi Summit at Consensus Hong Kong has announced two prominent speakers: - **Ada Vaughan**, Senior Director of DeFi Partnerships at Stellar Organization, brings her expertise in global partnerships and DeFi strategy. Vaughan holds an MBA from Georgetown and has a background as a serial entrepreneur. - **Takayama Joe**, a crypto YouTuber and investor with 155,000 subscribers, will share insights on DeFi, Solana ecosystem, and AI in crypto. Event Details: - Date: February 17 - Location: Hong Kong - Registration: [Register Here](https://lu.ma/10xsqb5z)
PayFi vs DeFi: Understanding the Difference
At the recent #PayFiSummit, Cali Liu, President of the Solana Foundation, clarified the distinction between PayFi and DeFi. The term PayFi, coined by Liu, represents a new paradigm in financial technology. - PayFi focuses on everyday payment solutions - DeFi primarily deals with broader financial services Edwin Aoki, CTO of Blockchain, Crypto & Digital Currencies at PayPal, highlighted the outdated nature of current value transfer systems. He emphasized how PYUSD and Solana are poised to revolutionize payments through: - Instant transfers - Low transaction costs - Enhanced transparency These innovations aim to modernize the 50-year-old financial infrastructure currently in use.
Future of Payments on Stellar Discussed at PayFi Summit
At the recent PayFi Summit, Tomer Weller engaged in a fireside chat with 0xErbil to discuss the future of payments on the Stellar network. The conversation aimed to provide a comprehensive overview of what lies ahead for this blockchain-based payment system. Key points likely covered: - Current state of Stellar's payment infrastructure - Potential improvements and innovations - Challenges facing widespread adoption - Integration with traditional financial systems While specific details are not provided, the discussion likely touched on Stellar's role in shaping the future of global financial transactions.