John Wu 🔺 (@john1wu) 's Twitter Profile
John Wu 🔺

@john1wu

President @avalabs, open innovation @avax. @cornell @harvard alum. Views are of my own. Not financial advice.

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linkhttps://johnwu.finance calendar_today20-07-2018 17:46:42

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71,71K Followers

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Pretty soon, banks will join the race, issuing and custodying stablecoins and other crypto assets finance.yahoo.com/news/occ-green…

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Today, the Senate is set to vote on the first federal stablecoin framework (GENIUS Act) This will unlock: Safe entry into the space for all players Clear rules for the game Regular audits And oversight of large issuers It’s a good thing. finance.yahoo.com/news/crypto-ha…

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Stablecoins do three big things: 1. Give us a single global transaction record after instant transactions 2. Cut out messy correspondent banking 3. Make commerce & treasury management incredibly simple for businesses

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The current system is a mess Global cross-border payments are slow and expensive, And it’s built on a network from 1973. Companies pay a fortune in transfers and exchange rates.. It’s like riding a horse instead of driving a ferrari. Stablecoins settle in seconds, not days

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Mainstream interest in stablecoins and blockchain-related companies increased lately, especially following the Senate's passing of the GENIUS Act – a bill focused on rules for U.S.-dollar pegged stablecoin issuers. John Wu 🔺, President at Ava Labs, shared the bull case for

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Loved my time on the Tiger Sisters pod We talked about the advice I would give my younger self. Check it out: youtu.be/VuBM_XODr7A?si…

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Today, The Detroit Pistons announced their new fan engagement program, Pistons Rewards, in partnership with, Uptop, powered by Avalanche🔺. Similar to the program Uptop x Avalanche built for the Cleveland Cavs, Detroit fans can now earn loyalty points on everyday purchases like

Today, The <a href="/DetroitPistons/">Detroit Pistons</a> announced their new fan engagement program, Pistons Rewards, in partnership with, <a href="/uptop_xyz/">Uptop</a>, powered by <a href="/avax/">Avalanche🔺</a>. 

Similar to the program Uptop x Avalanche built for the Cleveland Cavs, Detroit fans can now earn loyalty points on everyday purchases like