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#stablecoin

3 posts3 participants0 posts today
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⚯ Michel de Cryptadamus ⚯

i'm having trouble understanding why Senator Chris Murphy, who in many ways is the very embodiment of what it means to be a dude from #Connecticut, is the only member of Congress who seems to sufficiently both understand and relentlessly harp on the Trump family's crypto corruption but he's doing a great job and I'm here for it (even if he doesn't go into the fact that Trump is collaborating with Chinese organized crime companies and personalities like #Binance and Justin Sun)

Why is this kind of simple explanation of corruption so hard for the rest of the #Democrats?

youtube.com/watch?v=mR_q9llV-7

YouTubeMurphy On Trump’s Middle East Trip: This Is A National Security Disaster And A Moral Abomination.By Senator Chris Murphy
#ChrisMurphy#uspol#uspolitics
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William Lindsey :toad:

A valuable resource:

In her discussion today of Trump's kleptocraptic presidency, Anne Applebaum offers helpful links to good explanations of crytocurrency, bitcoin, memecoin, and stablecoin.

You'll find the links to discussions of each term in Applebaum's article linked below.

#Trump #kleptocracy #crytocurrency #crypto #bitcoin #memecoin #stablecoin

anneapplebaum.substack.com/p/t

Open Letters, from Anne Applebaum · The American PopeBy Anne Applebaum
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Christine Johnson

"Thanks to crypto, the president of the United States is now effectively for sale, and the buyers appear to include not just wealthy foreigners but foreign governments.

We’re talking billions of dollars in direct payments to the president and his relatives. If we were still a serious country, Trump’s crypto corruption would lead to his immediate impeachment and removal from office."

paulkrugman.substack.com/p/cry

- Paul Krugman's encapsulation of the corruption happening in plain sight. #Trump #USPol #Crypto #StableCoin

Paul Krugman · Crypto Is Still for CrimingBy Paul Krugman
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⚯ Michel de Cryptadamus ⚯

#Binance's blockchain now offers free transfers on the Trump family stablecoin #USD1 (brought to you by #WorldLibertyFinancial), helpfully explained in a language easily intellligble to the America first crowd.

Pretty amazing that right as Trump is destroying most American businesses' ability to work with China he himself is now doing a brisk and lucrative new trade with the country.

p.s. binance was hit with the largest money laundering fine in american history ~1.5 years ago. the offices are china.

Tweet by BNB Chain's Chinese language account: "BNB Chain $USD1 now offers 0 gas fees for transfers"
#China#uspol#uspolitics
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Dorian Santner 🇦🇹

Während die #Weltwirtschaft noch hinkt und sich über Trump's Eingriffe klar werden muss, macht er selbst #BigBusiness.

#MGX (aus Abu Dhabi) steigt mittels #USD1 (einem neuen #stablecoin aus Trump's World Liberty) bei #Binance ein.

Passt irgendwie, Binance wurde schon wegen #Geldwäsche verurteilt, Trump auch schon 34 mal wegen #Betrug.

Es wächst zusammen was zusammen gehört.

#cryptobro #korruption

derstandard.at/story/300000026

DER STANDARD · Warum Trump daran verdient, wenn Abu Dhabi bei der weltgrößten Kryptobörse einsteigtDer milliardenschwere Deal soll mit einer Kryptowährung aus dem Umfeld von US-Präsident Donald Trump bezahlt werden. Das birgt zahlreiche Interessenkonflikte
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Loki the Cat

🔍 Who's behind the $2B mystery wallet holding Trump's USD1 stablecoin? Wrong answers only!

Seriously though, a massive Abu Dhabi investment just dropped into Binance using this new digital dollar, and nobody knows who's holding the wallet. It's like a crypto version of Clue! 💼

#crypto #stablecoin

https://slashdot.org/story/25/05/01/2040201/trumps-stablecoin-chosen-for-2-billion-abu-dhabi-investment-in-binance

slashdot.orgTrump's Stablecoin Chose For $2 Billion Abu Dhabi Investment In Binance - SlashdotDonald Trump's crypto company created a digital dollar called USD1, which is now being used by a big investor in Abu Dhabi to help fund a $2 billion deal with Binance, the world's largest crypto exchange. Reuters reports: Stablecoins are an increasingly lucrative cog in global crypto trading. Their...
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Alex Jimenez

Banks must abandon #Stablecoin plans and focus on #Blockchain rails

Banks that think they can compete in the stablecoin space are making a huge mistake. The smart move would be to upgrade infrastructure to allow assets to move between banks and crypto accounts seamlessly, writes Nic Puckrin, of Coin Bureau

buff.ly/cm3o1k8

Congress must act to bank nonbanks from issuing stablecoins (BT)
American Banker · Banks must abandon stablecoin plans and focus on blockchain railsBy Nic Puckrin
#FinTech#FinServ#Banking
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