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🚀 $SOL stablecoins hit a new ATH: $16.2B! USDC dominates with $8B (58%), USDT follows with $2.7B. For the first time, Solana’s stablecoin supply surpasses Bitcoin & Ethereum. 🌐 IMF warns: rising stablecoins could disrupt capital flows, affect monetary policy, and accelerate currency substitution—especially in high-inflation countries. Yet, they simplify cross-border payments. 💸 Meanwhile, Ripple’s RLUSD crosses $1B market cap with growing adoption—6,000+ users & $1B weekly transfers. Real usage seems to be building, not just concentration. Stablecoins aren’t just crypto—they’re reshaping global finance. ⚡ #Solana #SOL
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🇺🇸 The “Strong Labor Market” Narrative Is Cracking While Jerome Powell talks about stability, the U.S. is quietly facing one of its biggest layoff waves in years. Here are the recent layoffs announced across major U.S. employers: US Government — 307,000 UPS — 48,000 Amazon — up to 30,000 Intel — 24,000 Nestlé — 16,000 Verizon — 15,000 Accenture — 11,000 Ford — 11,000 Novo Nordisk — 9,000 Microsoft — 7,000 PwC — 5,600 Salesforce — 4,000 IBM — 2,700 American Airlines — 2,700 Paramount — 2,000 Target — 1,800 General Motors — 1,500 Applied Materials — 1,444 Kroger — 1,000 Meta — 600 📉 Hundreds of thousands of skilled workers are suddenly back on the market. The question now is simple: Where will all these people go? Tech? AI startups? Crypto, $BTC ? Web3 infrastructure? Or will this become another macro pressure point for the U.S. economy?
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$BTC Kevin O’Leary warns most altcoins are finished, calling them “poopoo coins,” and predicts only #Bitcoin and #Ethereum will ultimately survive long term in the future.
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U.S. spot #BitcoinETF saw $32.5M outflows on Dec 5, extending a six-week streak led by BlackRock’s IBIT. November recorded $3.48B withdrawals as BTC $BTC price slid. Despite $22.3B 2025 inflows, AUM has fallen 48% since October peak, signaling institutional caution.
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🔥 NEW: AI studio Mugafi is tapping into Avalanche $AVAX to tokenize entertainment IP pushing creative ownership and distribution into the Web3 era. Another real-world use case for AVAX taking shape.
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