1/ Today, we're excited to share that @deel is using Privy to bring dollar-backed wallets to workers around the world. Contractors can receive earnings, earn rewards on idle balances, and access their money globally, all within the platform they already use to get paid.

Get Connected. Earn Points. Memberships loading... Join the waitlist now for a points multiplier👇

Plasma One. June 2026.

Plasma One private beta is live. Early access is limited for now and available through our team and existing users. Trillions.

EARLY: @tryPortola - 66 followers Stablecoin native credit infrastructure. They connect crypto wallets to bank and fintech lenders users get credit lines, lenders reach new borrowers through existing systems. Built on @privy_io. Founders: @marshallsebas (prev: ABS @PIMCO) @HunterQThompson (prev @SKALENetwork) The stablecoin neobank wave needs a credit layer.

Stablecoins are back in SF! Thanks to @ay_o for putting on @averystableconf. If you're attending, let me know — would love to meet up.

Trying to find all of the best voices in the stablecoin neobank space/wallet infra space. Who do I need to be following?

Anything I don’t like is FUD and the more I don’t like it, the FUDDier it is

Thanks to @tldrnewsletter for picking up @tryPortola in this morning's newslettter. Soon every stablecoin neobank will be able offer everything your traditional bank account can and more but with self custody and stablecoin rails.

You cannot democratize access to institutional grade investments. If you can invest in it as a retail investor, it is no longer an institutional grade investment. Even the best managers cannot effectively deploy infinite capital, so they do not take money from random people. Blockchain does not solve this problem.

A lot of what people expect out of a business banking relationship is that the bank isnt just a piece of software, but is a bilateral relationship between bank and borrower. In the tokenized world, what does the relationship look like between me and my stablecoin neobank? Who is currently solving this?

Money is going to fundamentally change over the next 10 years and I don’t think people understand how big of a deal it is. The thing that keeps me up all night is wondering how to make money as a result of that change.

Yesterday I had the chance to attend the @FigureMarkets and @provenancefdn Mixer in NYC. While the broader crypto scene hasn't found out yet, they will very very soon. @mcagney and the team's vision is more transformative than anyone realizes.

Unacceptable: A lore accurate Andrew Huberman mattress must include space for at least 5 women.

Why has SF become so soft, everything founder related in SF feels like such a hugbox. The average "founders" today are just people who can't do a 9-5 job and build a social media brand around the premise that they work hard and are changing the world.

someone finally gets me

Everyone in Crypto is wrong except me. Put any opinion you have about crypto in the replies and I'll tell you why you are wrong.

Call TradFi ActualFi, comparing DeFi to ActualFi is an insult.

A lot of people are worried about stablecoins being inherently dangerous because they aren't FDIC insured. FDIC insurance is specifically designed to counter the risks of fractional reserve banking, it isn't tailored to the different risk profile of a narrow bank or a well-reserved stablecoin. If the narrow banking model (or stablecoin reserve model) functions correctly, the depositor's funds are inherently safe from the types of failures FDIC protects against, making the insurance redundant for that specific purpose.

Crazy how NYC in 1931 looks like SF today