RockStable Token Inc

1 Stablecoin ≠ 1 Stablecoin While much of the world is coming to crypto for the next 100x, many institutions are coming for stablecoins: a $200B market supporting trillions in global payments volumes. The draw of instant settlement, 24/7 markets, and universal dollar access has led to over $1.8T in transaction volume in 2024 alone. Over 25 million unique wallets interact with stablecoins each month, and RWA.xyz shows over 50 active stablecoins currently available on-chain. However, all $1 digital assets are not the same- Stablecoins vary in their technical design as well as their use cases. Below are three distinct types of stablecoins and their primary purposes: Payment Stables ?? ?Payment stablecoins are designed primarily for transactional purposes. They are typically fully collateralized by fiat reserves held in regulated financial institutions. Payment stables can be used for remittances on platforms like Xoom, A PayPal Service, or B2B payments, powered by on/off ramps such as Sphere. Examples include PYUSD, USDC. DeFi Stables ?? DeFi stablecoins are decentralized, remotely managed assets that aim to maintain a stable value without relying on traditional banking systems. These stablecoins are often deposited into decentralized finance (DeFi) protocols to earn yield from lending, staking, or liquidity provisioning. These tokens are mainly used as cornerstone assets on lending protocols such as AAVE or Morpho Labs. Examples include DAI or GHO- whose reserves are overcollateralized with crypto assets. Yield-Bearing Stables ?? A yield-bearing stablecoin is designed to pass holders the yield generated from its underlying reserves; which are often fully collateralized by cash equivalents such as treasury bills and money market funds held in a financial institution. This enables the risk free rate to be distributed to token holders on-chain, while also enabling sending and receiving between wallets. The best yield-bearing stablecoins can efficiently serve use cases both in payments and DeFi. This stablecoin enables users to instantly start growing savings on any funds received. Understanding these categories can help teams navigate the landscape of on-chain dollars. Paxos’ Lift Dollar | USDL sits in perfect harmony as a US dollar-backed stablecoin* with regulatory oversight that distributes yield every day to eligible token holders. ??* USDL is a Fiat-Reference Token issued by Paxos International as per ADGM FSRA regulation #Stablecoins #Crypto #Payments

Dollarization in Argentina The Argentina Peso has stabilized to where inflation is now down to single digits per month, even while dollarization has not even started yet. Why dollarize at all now, if things are already OK? The objective is to make it difficult for the government, even without Milei, to go back to printing money. Emilio Ocampo Professorof Finance and Economic History, UCEMA, Argentina says 1:24:41 " ... we are not eliminating the (Argentina) Peso, we are just freezing the amount of Pesos in the economy, we are just giving legal tender status to the currency that the Argentinians already have. So that's not such a controversial [thing]." 1:24:05 " ... but the way we frame dollarization in our case is complete monetization - nobody is forced to use the dollar - and I think this is very important because [there is this notion that] 'Oh, you want to impose the dollar on the Argentinian people'. No, that's not the case, we just want to allow the people to have dollars, to use those dollars freely, and if they want to change those dollars for Euros or any other convertible currency, or even Bitcoin, or any stablecoin, or any cryptocurrency, that's fine ... why do we accept state monopolization of money ... this is about freedom ..." https://lnkd.in/g36drrPQ

The significance of the Trump and Republican congressional wins cannot be overstated, in many more things other than crypto. With regards to crypto, the Trump win means rules will not only be clarified, but will also mean more rational rules. Having clear rules is not good enough, but having rational, market-oriented rules is a necessary (albeit insufficient) condition for the USA to be number one with regards to crypto. Definitely, the Trump win is great for crypto. In particular, I believe it would also boost the chances of stablecoins becoming private fiat money that can compete with central bank money. There will be many borderless currencies in the near future.

Why Everyone’s Wrong About Stablecoins— Stripe’s recent acquisition of stablecoin orchestration startup Bridge sent shockwaves through the crypto world. For the first time, a major payments company committed over a billion dollars to accelerate its use of this technology. What most miss: Bridge might be worth $1.1 billion to Stripe, but on its own, it likely wouldn’t have hit that mark. This isn’t due to any lack of talent—Zach Abrams?and his team assembled a top group of engineers—but rather because making money with stablecoins is extremely challenging. But how can that be? After all, Circle and Tether have been raking in substantial profits following the interest rate hikes of the last two years. Full article in the comments!

??DREAM BIGGER CHALLENGE ??Register Now: https://lu.ma/wjh8arwi ?Pitch Finalist Spotlight Carlos Tapang Founder and CEO of RockStable Token Inc Carlos Tapang started his journey in cryptocurrency in 2011, when he wrote his first blog about money (and Bitcoin) in April, 2011: https://lnkd.in/gZczfuSy He invested $30,000 in Bitcoin in late 2013 and doubled it by 2014. He used his gains to start a Bitcoin mining rig hosting company, Centerus, which he funded himself. By late 2014 Centerus has signed deals with about 70 miner rig owners who entrusted their machines to the startup. The fatal mistake in Centerus was that the startup accepted Bitcoin only as payment. When Bitcoin went down to about $350 in 2015, Centerus could not earn enough to pay for electricity and had to transfer all clients to another hosting company in Wenatchee, Washington. Meanwhile, Carlos invested a little more than $1,000 into a new cryptocurrency called Ethereum in late 2014. By late 2016, ETH price has gone up more than six-fold and by January 2018, a thousand-fold. Carlos used his earnings to buy a small house in Bellevue and start Rock Stable. In addition to running Rock Stable, Carlos is still working as a software design engineer for a company called Wipro, assigned to Wipro's big client Microsoft. Having learned the problem of additional business risk when accepting volatile cryptos like Bitcoin as payment, Carlos founded Rock Stable to be focused solely on stablecoins. Rock Stable plans to introduce another stablecoin product once ROKS gets on its way. The product will be an Inflation-Resistant Medium of Account (IRMA). What's Rock Stable? Rock Stable is the issuer of ROKS, a dollar substitute, the first stablecoin designed for use by non-crypto-savvy people, for everyday use, the first use case for which is cross-border money transfers, for which we have built a pilot (MVP). Learn more: https://sendroks.com #filipinoamericanhistorymonth #entrepreneur? #pitch #dreambigger #siliconvalley

Instead of having the booster land in some random place and transport it back to its takeoff spot (costing a lot of money in the process), why not have it land precisely WHERE it can take off again? SpaceX has done it again. Fantastic!