SGUSDT
SocialGood / Tether USD
crypto

**Day 85 of BTCS’ eth updates**
* French bank Société Générale, through its crypto arm SG Forge, is set to launch the world’s first bank-issued USD stablecoin on Ethereum. This stablecoin aims at institutional investors and meets the EU’s demand for regulated US dollar liquidity tokenization, marking a significant step in traditional finance adopting blockchain technology.
* Vitalik proposed a design to reduce the storage needed for running Ethereum nodes. This includes implementing EIP-4444 to limit historical data and introducing "partially stateless nodes," making it easier for average users to participate, potentially boosting network decentralization.
**\[L1 Ethereum Transactions Per Day\]**
**1.375M** transactions/day for May 19 2025 **up** from 1.022M from one year ago

The issue you described can be seen in other CEX subs. Feels like this only happens in US and perhaps Canada because of the shitty banking system and anti-crypto climate in your countries?
In other countries, local interbank transfers are pretty much instantaneous, at least for Singapore. Also, because SG gov has a clear consistent regulatory framework for crypto and financial companies to follow, and not the flip-flop, regulate by suing strategy (think SEC), so banks and crypto firms do not do stupid things like this?
The only time I see Singaporeans complain about frozen accounts is usually if their accounts were involved in financial fraud. Then they have a bigger prob to worry about than ther frozen accounts.
Again, the issue you described can be seen in other CEX subs, quite specific to US and Canada users usually, and perhaps mainly in the past few years when SEC and banks were going batshit about stopping users from using CEXes.
So, for what it's worth, it's less a CDC issue than a regulatory issue in US.
CDC has many things to complain for, and this is prob not quite on them.

I am in SG so there's no curve. What did you submit to get reimbursed?

**Day 85 of BTCS’ eth updates**
* French bank Société Générale, through its crypto arm SG Forge, is set to launch the world’s first bank-issued USD stablecoin on Ethereum. This stablecoin aims at institutional investors and meets the EU’s demand for regulated US dollar liquidity tokenization, marking a significant step in traditional finance adopting blockchain technology.
* Vitalik proposed a design to reduce the storage needed for running Ethereum nodes. This includes implementing EIP-4444 to limit historical data and introducing "partially stateless nodes," making it easier for average users to participate, potentially boosting network decentralization.
**\[L1 Ethereum Transactions Per Day\]**
**1.375M** transactions/day for May 19 2025 **up** from 1.022M from one year ago

The issue you described can be seen in other CEX subs. Feels like this only happens in US and perhaps Canada because of the shitty banking system and anti-crypto climate in your countries?
In other countries, local interbank transfers are pretty much instantaneous, at least for Singapore. Also, because SG gov has a clear consistent regulatory framework for crypto and financial companies to follow, and not the flip-flop, regulate by suing strategy (think SEC), so banks and crypto firms do not do stupid things like this?
The only time I see Singaporeans complain about frozen accounts is usually if their accounts were involved in financial fraud. Then they have a bigger prob to worry about than ther frozen accounts.
Again, the issue you described can be seen in other CEX subs, quite specific to US and Canada users usually, and perhaps mainly in the past few years when SEC and banks were going batshit about stopping users from using CEXes.
So, for what it's worth, it's less a CDC issue than a regulatory issue in US.
CDC has many things to complain for, and this is prob not quite on them.

I am in SG so there's no curve. What did you submit to get reimbursed?