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The Future of Payment Infrastructure Could Be Permissionless
From libertystreeteconomics.newyorkfed.org
Following the recent passage of legislation in the U.S., payment stablecoins seem to be on the brink of wider-scale adoption and explosive growth in market capitalization. In this post, we contend that the driving factor is not their proximity to digital cash instruments, but rather how they are transferred—via global, open-access, peer-to-peer systems, or “permissionless blockchains,” for short. Stablecoin market capitalization has recently exceeded $260 billion and total transfer value reached $27.6 trillion in 2024, surpassing the combined value processed by Visa and Mastercard. On the surface, this appears ... (full story)
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From @realDonaldTrump|Nov 25, 2025|19 comments
Over the past week, my team has made tremendous progress with respect to ending the War between Russia and Ukraine (A War that would have NEVER started if I were President!). Last month 25,000 soldiers died. The original 28-Point Peace Plan, which was drafted by the United States, has been fine-tuned, with additional input from both sides, and there are only a few remaining points of disagreement. In the hopes of finalizing this Peace Plan, I have directed my Special Envoy Steve Witkoff to meet with President Putin in Moscow and, at the same time, Secretary of the Army Dan Driscoll will be meeting with the Ukrainians. I will be briefed on all progress made, along with Vice President JD Vance, Secretary of State Marco Rubio, Secretary of War Pete Hegseth, and White House Chief of Staff Susie Wiles. I look forward to hopefully meeting with President Zelenskyy and President Putin soon, but ONLY when the deal to end this War is FINAL or, in its final stages. Thank you for your attention to this very important matter, and let’s all hope that PEACE can be accomplished AS SOON AS POSSIBLE! DONALD J. TRUMPPRESIDENT OF THE UNITED STATES OF AMERICA Trump: Will meet Zelenskiy and Putin only when the deal is final - Truth Social
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