Sébastien Derivaux (@sebventures) 's Twitter Profile
Sébastien Derivaux

@sebventures

#cryptobanking scholar
Founding Chef at @SteakhouseFi
Too boring for #DeFi, too punk for #TradFi

ID: 44205398

linkhttps://cryptobanking.network/ calendar_today02-06-2009 20:53:16

4,4K Tweet

11,11K Followers

994 Following

Sébastien Derivaux (@sebventures) 's Twitter Profile Photo

This is what real RWA adoption looks like: multiple borrowers at launch. We're early, but past PoC. A few million isn’t much, but Stake Capital Group and others are now RWA network participants—driven by profit, making markets more efficient. As it should be.

This is what real RWA adoption looks like: multiple borrowers at launch. We're early, but past PoC. A few million isn’t much, but <a href="/StakeCapital/">Stake Capital Group</a> and others are now RWA network participants—driven by profit, making markets more efficient. As it should be.
Sébastien Derivaux (@sebventures) 's Twitter Profile Photo

People that never really worked outside of the public sector, congratulating themselves of having a startup spirit. The ivory tower mindset is strong.

Sébastien Derivaux (@sebventures) 's Twitter Profile Photo

Speaking of regulators spending public money and their power to unfairly compete with the private sector. I will also make one bet: The offchain settlement of the € CBDC, which is their key argument for privacy, will be removed (or watered down) before launch. Can't work.

Sébastien Derivaux (@sebventures) 's Twitter Profile Photo

Do you wonder why tokenized public securities (stocks, ETFs, ...) are not as good as they could be? Because lack of redeem in kind. Why? Securities laws, esp broker dealer. Securities laws should be opt in, not forcing people to use worse solutions.

Do you wonder why tokenized public securities (stocks, ETFs, ...) are not as good as they could be?
Because lack of redeem in kind. Why? Securities laws, esp broker dealer. 
Securities laws should be opt in, not forcing people to use worse solutions.
Stable Summit 🦫 (@stable_summit) 's Twitter Profile Photo

💱 We Still Don’t Have a Unified Money Layer Sébastien Derivaux from Steakhouse Financial gave a crash course in monetary history, drawing a parallel to 1800s Scotland, where competing banks finally agreed to clear each other’s notes 1:1. That’s what enabled true financial interoperability.

WalleDAO (@walledao) 's Twitter Profile Photo

🔥 15%→28%+ APY: Private Credit On-Chain Leverage RWA Strategy 4 addresses | 20 days | $1.64M→$4.25M mF-ONE collateral 2.59x leverage | Fasanara Capital's $5B private credit AUM Fasanara Capital Midas Steakhouse Financial Morpho 🦋 redefining on-chain finance 🚀 🧵1/6

🔥 15%→28%+ APY: Private Credit On-Chain Leverage RWA Strategy 

4 addresses | 20 days | $1.64M→$4.25M mF-ONE collateral
2.59x leverage | <a href="/FasanaraCapital/">Fasanara Capital</a>'s $5B private credit AUM 

<a href="/FasanaraCapital/">Fasanara Capital</a> <a href="/MidasRWA/">Midas</a> <a href="/SteakhouseFi/">Steakhouse Financial</a> <a href="/MorphoLabs/">Morpho 🦋</a> redefining on-chain finance 🚀

🧵1/6
Stable Summit 🦫 (@stable_summit) 's Twitter Profile Photo

Sébastien Derivaux, Chef, Steakhouse Financial explored the path to stablecoin fungibility. What happens when stablecoins can’t be redeemed at par, and can atomic clearing and tokenized T-bills fix it? Listen to the talk on singleness of money and DeFi settlement: youtube.com/watch?v=BNxhPE…

Stable Summit 🦫 (@stable_summit) 's Twitter Profile Photo

⚡ David Vatchev, Dennis Dinkelmeyer, Sébastien Derivaux, Martin Quensel, Julien B., tesa ⚡🤖 | 🤫 🥊 | 🛰️ tackled the cost of bringing RWAs onchain. Can tokenized credit compete with TradFi, and what happens when you loop a credit vault? Panel on leverage, liquidity, legal risk: youtube.com/watch?v=rM97mn…

Sébastien Derivaux (@sebventures) 's Twitter Profile Photo

USDT price chart is quite interesting with a regime change around April. Before there was an outside spread 0.999-1 (10bps fees from Tether ). Now there is less volatility. Could be consistent demand since, more arbitragers or change of the rules.

USDT price chart is quite interesting with a regime change around April. 
Before there was an outside spread 0.999-1 (10bps fees from <a href="/Tether_to/">Tether</a> ). Now there is less volatility.
Could be consistent demand since, more arbitragers or change of the rules.
Sébastien Derivaux (@sebventures) 's Twitter Profile Photo

"a new type of financial market infrastructure – a “unified ledger” – which may or may not use distributed ledger technology (DLT)" - Bank for International Settlements One server is Basel can solve everything. Unified under the control of the Bank for International Settlements . Sounds like a plan.

Sébastien Derivaux (@sebventures) 's Twitter Profile Photo

"There is, no doubt, considerable room for improvement in the current system. [...] Nevertheless, the merits of the core architecture of the system with the central bank at its centre should be recognised and preserved." - Bank for International Settlements Someone wants to keep his job above all