dollarize

Quick one.. How much do you think Tether made in 2025 from the dollars people held in USDT? Answer on Saturday!

Who keeps the yield on your stablecoins? 🤔

The issuer puts every dollar you hold in a stablecoin into US Treasury bills and similar assets, and keeps the interest. 
 There is an estimated $307 billion in stablecoins in circulation. Tether alone made more than $10 billion in 2025! It’s BIG business, yet the people holding them earn literally ZERO.

Hyperliquid decided that had to change! 🤨

With aligned quote assets (AQAv2), live since 26th August.. The USDC issuer shares about 90% of the yield on roughly $5 billion held on Hyperliquid. That money goes back into the ecosystem through HYPE token buybacks. 

It’s now commonly referred to as an aligned stablecoin: a dollar whose yield flows back to the community that uses it.🤓 Pretty cool right! 

Hyperliquid was able to negotiate this because it's huge. But how does a small community get its own aligned dollar? They can't just meet with Circle and ask for the same deal. 🤔

For the next four weeks I'm following one experiment that tries to answer exactly that: USDZEUS, built on dollarize. fun with the ZEUS community on Ethereum. 

I'll be explaining: 👉🏼 How it works 👉🏼 Where the yield comes from 👉🏼 Potential pitfalls Then next Thursday 12th at 6pm UTC Queen Talks is back..Yay! I’ll be talking to the people who built it. 

What would you ask them? Drop it below.  In the meantime check out the link in the comments for more. *Paid partnership with dollarize. Not financial advice.

Did you know that stablecoins earn yield every single day? You just never get your share of it! That’s about to change. Tomorrow I’ll be breaking down.. 👉🏼 Who keeps it 👉🏼 How much it is And the one big eco system that’s decided to take it back 🤨 Make sure you’re following for more. @dollarize_fun *paid partnership with dollarize. Not financial advice*

NEWS: @stripe adding USDC and OUSD payouts on @base

Stablecoins are moving from being an alternative way to hold dollars to becoming the infrastructure through which money moves, gets spent and earns yield. Polygon expanded its Open Money Stack, while Mastercard, Visa, Coinbase and other major players pushed stablecoins further into cards, enterprise payments and cross-border transfers. Here’s a quick round up of the updates in the sector in the last month. — ● @0xPolygon • Expanded Open Money Stack support to @trondao and @solana • Introduced automated stablecoin payout runs, allowing businesses to configure recurring payment schedules for global payouts • Introduced agent spend controls, enabling businesses to assign AI agents specific payment permissions, USDC spending limits, approved contracts, and expiration ● @zerohashx • Joined @tempo as a network validator and integrated its stablecoin payment infrastructure with the network ● @morphllm • Partnered with @coinbase to bring USDC and USDT payments to its platform ● @okx • OKX Card went live, a crypto and stablecoin-backed virtual payment card linked directly to OKX Pay wallet ● @StraitsX • Partnered with @Visa to expand card issuing capabilities to over 100 markets ● @atomHQ • Partnered with @CoinbaseBiz to integrate stablecoin payments into domain trading and pioneer the use of AI agents for RWA purchases ● @Underdog • Partnered with @zerohashx to introduce crypto and stablecoin account funding for prediction markets ● @Crossmint • Launched Agent Commerce Toolkit, a product that allows AI agents to make online purchases using saved payment cards through a single integration ● @raincards • Introduced Rain Wallets, embedded stablecoin wallets that partners can integrate directly into their apps ● @FinTax_Official • Partnered with @InterlaceMoney to explore new possibilities for stablecoin payment services ● @InterlaceMoney • Partnered with @EchobitExchange to bring stablecoin cards and the customized Ceramic Cards to its platform through Interlace’s card-issuing API ● @airtminc • Partnered with @BVNKFinance to bring wallet-native payments to emerging markets through Airtm Connect ● @Mastercard • Launched Mastercard Global Money Platform, a B2B infrastructure layer that unites fiat with digital assets and stablecoins through a single API ● @crossriverbank • Partnered with @Ripple to integrate RLUSD into its core banking infrastructure ● Movantis • Integrated Stellar into its cross-border payments infrastructure. ● @HSBC • Introduced its first stablecoin, RedCoin (RCHKD), a Hong Kong dollar-denominated stablecoin ● @SoFi • Introduced SoFi Earn, an interest-bearing tokenized deposit product offering 4.4% APY ● @evervault • Launched Browser Tokens, letting AI agents and browser automation tools make payments and log into accounts without exposing sensitive data ● @Visa • Partnered with BILL and Billtrust to allow authorized AI agents to initiate and complete approved invoice payments through supplier portals. ● Safirum • Launched CHF-S, a Swiss franc-backed stablecoin, on Solana ● @trylimitless • Partnered with @crossmint to bring card deposits to Limitless ● @base • Introduced Earn & Borrow, an end-to-end infrastructure stack that lets apps, fintechs, and enterprises embed stablecoin yields and crypto-backed loans into their apps ● @circle • Partnered with Tereina, an SAP-backed financial services company, to integrate USDC and EURC into enterprise financial workflows through SAP Pay ● Majority • Launched cross-border stablecoin payments to Latin America, powered by @zerohashx ● @Infinit_Labs • Launched APEX Multi-Strategy Vaults 2 and 3, with 90 and 30-day trading periods, respectively — They’re no longer limited to transfers and trading. They’re becoming part of the infrastructure for spending, lending, business payments, cross-border settlement and autonomous commerce. That’s all for the month. Stick around for more updates monthly

Las stablecoins que utilizamos generan miles de millones para sus emisores, pero normalmente los holders no recibimos nada de ese rendimiento. Hyperliquid ha conseguido que parte del rendimiento asociado a los dólares de su ecosistema vuelva a él mediante recompras de HYPE, pero no es lo común. Hace poco encontré un experimento que plantea crear un dólar para la comunidad de una memecoin y repartir los rendimientos que genera. El proyecto es @dollarize_fun con la memecoin ZEUS y la stablecoin USDZEUS. ¿Cómo funciona? 👇 Al depositar USDC para mintear USDZEUS, al menos el 90% se mantiene en una reserva de USDC en Aave y hasta el 10% se destina a una pool de liquidez ZEUS/USDZEUS del protocolo. Esa parte destinada a la pool deja de ser nuestra, no forma parte del respaldo y queda como liquidez permanente. El rendimiento viene de dos fuentes: ✅ Los intereses generados por la reserva en Aave. ✅ Las comisiones de la pool, que cobra un 1% por cada operación que pasa por ella. Cada 3 días se realiza un reparto entre quienes hacen staking de USDZEUS, aunque mientras la reserva esté por debajo del 100%, una parte de ese rendimiento se destina a reforzarla. La idea es conseguir rendimiento en dólares relacionado con la actividad de una memecoin sin tener que comprar directamente su token. ¿Qué riesgos hay? El respaldo empieza por debajo del 100%, existen riesgos asociados a los smart contracts y si disminuye el volumen de ZEUS también pueden bajar las comisiones y el rendimiento. El APR que aparece en la web se calcula con los últimos 3 días, por lo que es variable y no garantiza rentabilidades futuras. Para salir hay que hacer unstake y redimir USDZEUS por USDC de la reserva, así que conviene revisar el respaldo actual antes de participar. Lo bueno de esto es que la reserva, los harvests y los pagos se pueden comprobar en la blockchain. Si os interesa probarlo, podéis hacerlo desde aquí y empezar con poco👇 dollarize.fun/?utm_source=pa… Colaboración pagada y no es consejo financiero.

Your stablecoins earn yield every day. You just never see it. Tether makes billions every year from its reserves, but none of that yield goes directly to holders. I made a video about USDZEUS, an interesting experiment by my friends in @dollarize_fun that takes a different approach. For every $100 USDC deposited: > $90 goes to @aave to generate yield. > $10 is permanently allocated to @Uniswap liquidity, which cannot be rugged by withdrawing it. > Stakers receive rewards from Aave interest and trading fees. While reserves remain below 100% backing, half of each harvest recapitalizes the stablecoin. Once fully backed, the yield can flow entirely to stakers. What I find particularly interesting: > The model can be replicated across other memecoin communities. > In the future, the 10% liquidity allocation could rotate between different memecoins. Of course, there are risks: 90% initial reserve backing and dependence on trading volume. But I like the concept. Curious to see how it evolves.

If you get paid in stablecoins, you’ve probably had to run that money through an exchange before you could spend it. Now you can send USDC straight to OnePay, and it lands in the same Checking balance you already use for bills and sending money.

⚡ NEW: Circle has minted another $250M $USDC on Solana.