Фонд BlackRock запустит неожиданную сеть альткоинов

cryptonews.ruPubblicato 2024-01-05Pubblicato ultima volta 2024-11-05

Согласно последней информации, фонд BlackRock BUIDL, который ранее был размещён в сети Ethereum, также будет размещён в Avalanche (AVAX).

Согласно последним данным, цифровая платформа Securitize, управляющая фондом, начала использовать приносящий доход фонд BlackRock BUIDL на блокчейне Avalanche.

Изначально запущенный на Ethereum, BUIDL был создан для того, чтобы квалифицированные инвесторы получали прибыль в долларах США по подписке на основе блокчейна от Securitize Markets, LLC.

По сути, BUIDL позволяет инвесторам владеть токенами фиксированной стоимости в 1 доллар и получать ежедневные дивиденды, которые выплачиваются напрямую на кошельки инвесторов.

Фонд поддерживает свою ликвидность, инвестируя в наличные деньги, казначейские облигации США и соглашения о обратном выкупе. Токенизируя фонд, BlackRock стремится расширить доступ инвесторов, обеспечить прозрачную сверку и упростить перевод средств между платформами.

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How Collector Crypt Uses 'Recirculating Buybacks' to Create an Illusion of Growth

Title: How Collector Crypt Creates a Growth Illusion with "Buyback Loops" Key Findings: Collector Crypt's (CC) net take rate has halved from 11.2% in Q3 2025 to 5.6% in Q2 2026, while GMV grew 4.7x. This growth is driven by higher-tier card packs ($250, $1,000, $2,500) which have lower platform dollar retention rates. The newly launched $2,500 Mythic tier captured 36.7% of June GMV within 13 days. Growth is fueled by a small cohort of high-spending, high-frequency wallets rather than broad user base expansion. The economic model faces pressure from three key areas: 1) **Shifting GMV Mix**: Pushing users towards larger, lower-retention card packs increases GMV but reduces overall profitability. 2) **Physical Redemptions**: Card redemptions for physical items remove reusable inventory from the system, creating costly replenishment needs. In May, redemptions consumed 41.6% of pre-redemption net income. Only 75 wallets drove redemptions in June. 3) **B2B/API Strategy**: Partner revenue remains negligible (cumulatively $1.83M) and dependent on CC for inventory, vaulting, and buyback services, failing to create a scalable, asset-light recurring revenue stream. The core product is a repetitive pack-buyback loop with limited secondary market activity and token value accrual. Sensitive modeling shows CC's economics turn negative when any two of the following pressures coincide: replenishment costs near market price, redemption rates exceeding 9%, or high-tier buyback rates around 93%. While CC operates in a large and growing collectibles market, its current growth levers—bigger packs, high buyback rates, and capital recycling by a few wallets—create a volume illusion without demonstrating sustainable collector engagement, deep secondary markets, or a viable path to improved margins. Future proof points include broadening collector participation, deepening secondary trading, and developing true asset-light B2B revenue channels.

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How Collector Crypt Uses 'Recirculating Buybacks' to Create an Illusion of Growth

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Polygon burns hit 107M POL this year – So why is its price tanking?

Polygon (POL) has burned over 107 million tokens in 2026, becoming net deflationary this year. Its network activity remains strong, achieving the highest stablecoin transaction volume among payment networks in May at 198 million. Major staking activity and whale confidence also support its fundamentals. However, POL's price has declined, recently trading around $0.06948. This price drop is attributed to a prolonged technical downtrend since late 2024, with the asset now in a consolidation pattern and facing significant selling pressure, as indicated by exchange offloads and negative market indicators.

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Polygon burns hit 107M POL this year – So why is its price tanking?

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24/7 Clearing Has Arrived for US Stocks, But Crypto Didn't Get a Ticket In

The U.S. National Securities Clearing Corporation (NSCC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC), has launched 24-hour, five-day-a-week clearing for traditional securities. This move directly undermines a core narrative of the cryptocurrency industry, which has long touted the 24/7 trading capability of digital assets as a key advantage over traditional finance. The DTCC's implementation of near-continuous clearing did not utilize any public blockchain networks, contrary to hopes within the crypto community. Instead, the institution has consistently relied on private, permissioned systems for its projects, such as the Ion settlement platform and a recent U.S. Treasury tokenization initiative on the Canton network. Expectations from supporters of Ethereum, XRP Ledger, and other public chains for DTCC integration have repeatedly failed to materialize. While crypto markets still maintain a minor differentiation by operating on weekends, the DTCC's successful rollout of extensive clearing hours demonstrates traditional finance can evolve its own infrastructure to meet demand for longer trading windows, without involving the public cryptocurrency ecosystem.

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24/7 Clearing Has Arrived for US Stocks, But Crypto Didn't Get a Ticket In

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Grayscale's Latest Research: What is Solana's Next Growth Engine?

Grayscale's latest report, "Solana: Crypto's Financial Bazaar," signals a shift in how the market views Solana, moving beyond its high-performance and meme-centric reputation. The report frames Solana as an evolving application platform for large-scale economic activity, akin to a bustling digital marketplace. The analysis highlights that public chain competition has moved past raw throughput (TPS) to focus on genuine economic activity—daily users, transaction volume, and real revenue. Solana's metrics, such as over 1,000 dApps, 100M+ daily transactions, and ~4.3M daily active users, showcase this shift toward application-layer prosperity. The report identifies three key growth drivers: 1. **Jupiter**: Evolving from a DEX aggregator to a core liquidity hub and comprehensive financial platform for Solana's DeFi. 2. **Pump.fun**: Demonstrates Solana's capacity for consumer-scale applications, attracting millions of users and generating significant, sustainable revenue, validating network stability under high load. 3. **Helium & DePIN**: Represents expansion into real-world infrastructure, connecting blockchain to physical resources like wireless networks and positioning services, opening new long-term use cases. Solana Foundation's recent focus aligns with this broader vision, emphasizing AI Agents (for machine-to-machine transactions), payments, stablecoins, and Real-World Assets (RWA) to build a sustainable growth model beyond cyclical trends. While challenges remain—such as value capture for SOL and maintaining ecosystem sustainability beyond hot trends—institutional interest is growing due to Solana's maturing application business models, expanding payment/stablecoin ecosystem, and persistent developer activity. The competition is no longer about speed alone, but about which network can foster the most vibrant and valuable digital economy.

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Grayscale's Latest Research: What is Solana's Next Growth Engine?

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They Waited 7 Years for This Money

The article discusses the significant drop in share price of Circle, known as the "first stablecoin stock," triggered by the announcement of a new alliance including Visa, Stripe, Mastercard, Coinbase, BlackRock, Google, IBM, and Ripple. This alliance plans to launch Open USD, a USD stablecoin, later this year. Key to the market reaction is Open USD's plan to distribute reserve-generated profits to its adopters, directly challenging Circle's core revenue model from USDC's reserve interest. The piece draws a parallel to Facebook's 2019 Libra (later Diem) project, which involved many of the same companies. Libra failed due to regulatory pressure, its association with Facebook's controversial reputation, and overly ambitious global currency narratives. However, the underlying desire of these major financial and tech firms to create a new digital payment infrastructure persisted. Over seven years, the landscape changed: clearer US stablecoin regulations (GENIUS Act), mature blockchain infrastructure, and companies gaining practical experience with crypto payments. Open USD presents a more modest, compliance-focused narrative—a settlement tool and enterprise payment rail rather than a revolutionary global currency. While the new alliance poses a serious threat to Circle's profitability and exclusivity, it faces challenges typical of large consortia: slow decision-making and complex profit-sharing. USDC's established liquidity, trust, and integrations provide Circle with significant defenses. The market's reaction is seen partly as an emotional overreaction but also a necessary reevaluation of Circle's business model from a unique "stablecoin era ticket" to a "strong issuer" in a competitive commodity market. Ultimately, the core ambition from the Libra era remains: to digitize the movement of dollar value on the internet and capture the adjacent commercial opportunities. The lesson learned is to pursue this goal not as a high-profile, platform-led revolution, but as a quiet, utility-focused infrastructure play.

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