USDCUSD
USD Coin / United States dollar
crypto Composite

**Source:** [https://x.com/solana/status/2076305645041844416](https://x.com/solana/status/2076305645041844416)
1,000 epochs cleared, 1 billion non-vote transactions in one week, and a true 24/7 brokerage went live for real U.S. equities.
TradFi sleeps, Solana doesn’t. Here’s what shipped this week:
📰 **Headline News**
\- Solana crossed its 1000th epoch
\- SK Hynix ($SKHY) went live on Solana on the same day as its Nasdaq listing via [@Backpack](https://x.com/Backpack) Securities with Sunrise
\- [@alvarezmarsal](https://x.com/alvarezmarsal) accepted its first client payment in USDC on Solana
\- [@Backpack](https://x.com/Backpack) launched a 24/7 brokerage for real, non-synthetic U.S. equities

📰 **Launches**

\- [@altitude](https://x.com/altitude) added automated expense management matching receipts to card transactions
\- [@jito\_sol](https://x.com/jito_sol) partnered with [@privy\_io](https://x.com/privy_io) to launch Fullsend for institutional-grade transaction landing
\- [@ExponentFinance](https://x.com/ExponentFinance) debuted Exponent Strategy Vaults for transparent onchain asset management
\- [@OndoFinance](https://x.com/OndoFinance) launched 24/7 tokenized stock trading on Solana, with around-the-clock minting and redemptions
\- [@\_gammafi](https://x.com/_gammafi) rolled out a Gamma x [@plumenetwork](https://x.com/plumenetwork) RWA agent for automated yield exposure
\- [@PhoenixTrade](https://x.com/PhoenixTrade) introduced market maker splines for dynamic liquidity curves without order replacement
\- [$MORPHO](https://x.com/search?q=%24MORPHO&src=cashtag_click), [$SLX](https://x.com/search?q=%24SLX&src=cashtag_click), and [$CASHCAT](https://x.com/search?q=%24CASHCAT&src=cashtag_click) went live on Solana via [@sunrise](https://x.com/sunrise)
\- [@world\_xyz](https://x.com/world_xyz) opened prediction-market access directly inside [@claudeai](https://x.com/claudeai) via Solana
\- [@solanamobile](https://x.com/solanamobile) kicked off Seeker Summer quests running from July 7 to August 30
\- [@JupiterExchange](https://x.com/JupiterExchange) introduced "Earn on Recurring", automatically generating yield on idle USDC DCA orders
\- [@sanctumso](https://x.com/sanctumso) launched its Investor Relations Hub, providing real-time tracking for key metrics
\- [@stardotfun](https://x.com/stardotfun) introduced Internet Rounds for equity-backed community fundraising
\- [@surfcashx](https://x.com/surfcashx) integrated [@moonpay](https://x.com/moonpay) to allow multi-chain crypto funding for local payments
\- [@1clawAI](https://x.com/1clawAI) added Solana support with hardware-enforced HSM keys for AI agents
\- [@usescout\_trade](https://x.com/usescout_trade) launched its retail AI quant analyst in beta with 8 live strategies
\- [@superteam](https://x.com/superteam) has launched in Argentina with [@SuperteamAR](https://x.com/SuperteamAR)
\- [@dexteraisol](https://x.com/dexteraisol) introduced Dexter Wallet, a self-custodial passkey wallet for mobile browsers
\- [@wormwtf](https://x.com/wormwtf) went agent-native with an MCP server featuring 38 trading tools
\- [@jtx\_trade](https://x.com/jtx_trade) teased JTX as a single surface to trade every Solana market, launching July 14
\- [u/useAtelier](https://x.com/useAtelier) deployed a new Atelier MCP giving AI clients full marketplace access
\- [@leaps\_finance](https://x.com/leaps_finance) launched upfront premium yield options for SOL, BTC, and stables
\- [@RyderWallet](https://x.com/RyderWallet) is building an open-source, native C++ SDK for embedded Solana systems
\- [@Claynosaurz](https://x.com/Claynosaurz) revealed a "Watch & Collect" prototype for real-time digital collectibles overlay
\- [@solflare](https://x.com/solflare) introduced Solana Snacks, a bite-sized video and X Space educational series
\- [@Heistedxyz](https://x.com/Heistedxyz) opened registration for its unhinged heist simulator game
\- [@SuperteamUK](https://x.com/SuperteamUK) announced SpeedBuild 2026 in London with a $20k prize pool for AI challenges
\- Solana Summit APAC in Singapore is happening October 6, 2026

📰 **Milestones**

\- Solana processed 1B+ non-vote transactions in a single week
\- Tokenized equities [$SPCX](https://x.com/search?q=%24SPCX&src=cashtag_click), [$MU](https://x.com/search?q=%24MU&src=cashtag_click), [$SNDK](https://x.com/search?q=%24SNDK&src=cashtag_click), and [$DRAM](https://x.com/search?q=%24DRAM&src=cashtag_click) hit $166M in 7-day volume
\- [@world\_xyz](https://x.com/world_xyz) surpassed $5.3M in notional trading volume
\- [@magicblock](https://x.com/magicblock) Private Sessions scaled from 500 to 115k inside four months
\- [@crediblefin](https://x.com/crediblefin) crossed $458M in payment volume ahead of its curated raise with [@MetaDAOProject](https://x.com/MetaDAOProject)
\- [@PlayKintara](https://x.com/PlayKintara) hit 30K Monthly Active Users in under two months

If you enjoyed this week’s newsletter, please share it with an RT.
https://preview.redd.it/gvi63395ptch1.png?width=680&format=png&auto=webp&s=f9a9f3ba5ebd55583f873d2b5fe0d1d14f1a930e

Credible Payfi Vault on Byzanlink (markets.byzanlink.com)
16% APY on USDC. But it's on Hedera.

USDC swap?

Where to hold USDC for max returns

[SE] Prop firm payout in USDC to Revolut business account

Any stablecoin is centralized by design. USDC, EURC, even USDT can freeze your found

Without knowing your finances, no one has any basis for knowing if $8000 in SOL is a good move for you.
I have my wallet automated to swap SOL for USDC on 2% stop loss because I really don’t trust this market.

No, you can keep it on your ledger, just enable blind signing on the ethereum app (NEVER EVER SEND TO A NON-HARDWARE WALLET ON YOUR PC). Ethereum DeFi is just that - Decentralized Finance, we don't do non-custodial, everything is kept in your custody, even when you open smart contract everything is in your custody. No Trust required.
Import your hardware wallet into Rabby wallet or Metamask, or another popular EVM wallet. Go to uniswap, create a liquidity pool for ETH-USDC. Go to Pool, New Position, change to v3 position, keep it at the default tier (0.05% or put it at 0.3% if you want since there's still liquidity there), Continue, Custom Range. At the time of this post the smallest range I can make is - Min price: 1790.1025, Max price: 1791.8934. Deposit your ETH and create the liquidity pool (keep some in your wallet for gas). Wait for the price of ETH to go up past 1791.8934, and you will be assigned 100% USDC. Close your liquidity pool and claim the rewards. Transfer USDC to your coinbase account and swap 1:1 for USD.

No, you can keep it on your ledger, just enable blind signing on the ethereum app (NEVER EVER SEND TO A NON-HARDWARE WALLET ON YOUR PC). Ethereum DeFi is just that - Decentralized Finance, we don't do non-custodial, everything is kept in your custody, even when you open smart contract everything is in your custody. No Trust required.
Import your hardware wallet into Rabby wallet or Metamask, or another popular EVM wallet. Go to uniswap, create a liquidity pool for ETH-USDC. Go to Pool, New Position, keep it at the default tier, Custom Range. At the time of this post the smallest range I can make is - Min price: 1790.1025, Max price: 1800.8748. Deposit your ETH and create the liquidity pool (keep some in your wallet for gas). Wait for the price of ETH to go up past 1800.8748, and you will be assigned 100% USDC. Close your liquidity pool and claim the rewards. Transfer USDC to your coinbase account and swap 1:1 for USD.

Hi All! Hope you all enjoy the selection and please let me know if you have any questions!
# PROOF: [https://coindex.app/a/X7s1up](https://coindex.app/a/X7s1up)
# The Goods:
**GOLD**
`1/2oz` 2023 PF70 Gold Libertad Proof - **$2420** \- [link](https://coindex.app/a/ezah1i)
>QTY: 1
`1/2oz` 2017 PF70 Gold Libertad Proof - **$2940** \- [link](https://coindex.app/a/eSSoTs)
>QTY: 1
`0.0476oz` MS64 1901/801 Mexico 1 Peso Large Date *\[Only 20 Higher\]* \- **$930** \- [link](https://coindex.app/a/baVv2E)
>QTY: 1
`0.0482oz` MS65 1944 Dos Peso (non-restrike, KEY date) - **$600** \- [link](https://coindex.app/a/JvwZee)
>QTY: 1
`0.0482oz` MS64 1920 Dos Peso (non-restrike) - **$600** \- [link](https://coindex.app/a/0tpJqO)
>QTY: 1
`0.1oz` 5 x 1/50th TGR Gold Bars in OGP - **$540** \- [link](https://coindex.app/a/kUzAdA)
>QTY: 1
`1g` Geiger Gold in Assay (USA Edition) - **$220** \- [link](https://coindex.app/a/dMmXd4)
>QTY: 1
`1g` Gold Engelhard in Assay - **$315** \- [link](https://coindex.app/a/BfREKS)
>QTY: 1
**SILVER:**
**Libertads:**
**Common & Semi-Key Date**
`1oz` 2021 Libertad BU - **$88** \- [link](https://coindex.app/a/KCfeRz)
>QTY: 8
`1oz` 2023 Libertad BU - **$88** \- [link](https://coindex.app/a/tebbIe)
>QTY: 1
`1oz` 2013 Libertad BU - **$95** \- [link](https://coindex.app/a/HU9EWj)
>QTY: 1
`1oz` 1994 Libertad BU **ROLL FRESH** \- **$150** \- [link](https://coindex.app/a/RknrGM)
>QTY: 7
`1oz` 1989 Libertad BU - **$180** \- [link](https://coindex.app/a/pAX3Qv)
>QTY: 1
`5oz` 2019 Libertad BU - **$440** \- [link](https://coindex.app/a/BOjqS2)
>QTY: 1
**Key Dates:**
`1oz` 1987 Libertad BU - **$350** \- [link](https://coindex.app/a/hUQJbi)
>QTY: 3
`1oz` 1996 Libertad #1 - **$240** \- [link](https://coindex.app/a/MZHXRJ)
>QTY: 1
`1oz` 1996 Libertad #2 - **$250** \- [link](https://coindex.app/a/pI7arI)
>QTY: 1
`1oz` 1996 Libertad #3 - **$290** \- [link](https://coindex.app/a/Jgt3ty)
>QTY: 1
`1oz` 2007 Libertad BU - **$260** \- [link](https://coindex.app/a/zPji4X)
>QTY: 1
`1oz` 1987 Proof Libertad w/ Box & CoA - **$440** \- [link](https://coindex.app/a/2bRZRZ)
>QTY: 1
`1oz` 2025 Intaglio Tribute Libertad w/ Mint Mark - **$190** \- [link](https://coindex.app/a/AkLGwH)
>QTY: 2
`0.803oz` 1992 $100 Ibero-American Series I - Encounter of Two Worlds Proof w/ OGP - **$180** \- [link](https://coindex.app/a/Vju0oG)
>QTY: 1
`1kg` 2010 Libertad Reverse Proof w/ Box, CoA, and OGP - **$5100** \- [link](https://coindex.app/a/qsu1ce)
>QTY: 1
**Pre-Colombian:**
`1oz` 1992 $100 Huehueteotl Proof - **$350** \- [link](https://coindex.app/a/1y6sIr)
>QTY: 1
`1oz` 1996 MS66 $5 Hombre Jaguar MML - **$310** \- [link](https://coindex.app/a/IOhSM5)
>QTY: 1
**Slabs:**
`2oz` 2022 PF70 Proof Libertad (Cracked Slab) - **$340** \- [link](https://coindex.app/a/ly574Z)
>QTY: 1
`1oz` 1987 MS67 Libertad - **$390** \- [link](https://coindex.app/a/jEmKZ4)
>QTY: 1
`1oz` 1995 MS69 Libertad - **$390** \- [link](https://coindex.app/a/iqjKzq)
>QTY: 3
`1oz` 1985 MS67 Libertad - **$155** \- [link](https://coindex.app/a/O9Jl2R)
>QTY: 2
`1oz` 2003 MS67 Libertad - **$190** \- [link](https://coindex.app/a/2eN11N)
>QTY: 1
`1oz` 2005 MS67 Libertad - **$175** \- [link](https://coindex.app/a/Lxh0PK)
>QTY: 1
`1oz` 1948 TONER Cuauhtémoc 5 Peso (UNC Detail) - **$110** \- [link](https://coindex.app/a/T9zw3P)
>QTY: 1
**Other Mexican Silver:**
`0.6431oz` 1950 5 Peso ‘Southern Railroad’ - **$160** \- [link](https://coindex.app/a/Ubnvd0)
>QTY: 3
`0.6431oz` 1953 5 Peso ‘Año De Hidalgo’ - **$50** \- [link](https://coindex.app/a/MhM6QF)
>QTY: 1
1975 Mexico City VII Pan American Games Commemorative Medal \[.925\] - **$45** \- [link](https://coindex.app/a/QbahJw)
>QTY: 1
`1oz` Mexico Aztec Sun Calendar Round - **$165** \- [link](https://coindex.app/a/JbisU5)
>QTY: 1
**ADD-ON**
1/4 Idaho Goldback (1/4000th ozt Gold) - **$5** \- [link](https://coindex.app/a/K9qBPR)
>QTY: 1
`1oz` Copper Libertad Tribute Rounds - **$6** \- [link](https://coindex.app/a/smTtfQ)
>QTY: 40
# That's All For Now!!!
# Ground Rules:
I will NEVER initiate a chat or message you first. Click on my username to send a chat and **remember to turn on Persistent Messaging** My account is 2FA secured and I never give out my password. I do not ship first. I ship to the **CONUS ONLY**, no international sales.
# Shipping:
* USPS Ground: **$7**
* USPS Priority: **$12**
* All orders are packed extremely well.
# Payment Options:
* Venmo
* PayPal FF
* CashApp
* Zelle
* Apple Cash
* USDC or USDT (on Solana)
* If there is another payment method not listed, ask me!

[PROOF](https://imgur.com/a/dvPHHzJ)
I never share my password, and I have 2FA enabled. I won't be startin: PPFF, Zelle, CashApp, Crypto (1% fee for USDC and 3% a chat with you. Want the coin? Reply to this post and then send me a PM here - [CHAT](https://www.reddit.com/message/compose/?to=ARCIERO7)
ALL PACKAGES SHIPPED INSURED WITH PRIVATE INSURANCE! SHIPPING IS $5 + 1% of order value! FREE Shipping on orders over $5k.
# GOLD
Gold 20 Francs - $760 (10 Available)
Feel free to ask for close-ups of anything in the post. I also have many other numismatic items not listed yet, so make sure to follow for updates or reach out with any requests!
Payment methods: PPFF, Zelle, CashApp, Crypto (1% fee for USDC and 3% for Bitcoin/Ethereum), check by mail (delay + 2% fee), e-check.
Sales to the state of CA must be at least $2k due to sales tax reasons. Please do not complain in the comment section about this. I am not charging you sales tax at all; I am just trying to stay out of trouble with my state.

Sell on a dex, you can get good prices with an aggregator like 1inch. Sell for USDC transfer to coinbase for 1:1 exchange.
Or if you know how, you can set a liquidity pool between ETH and USDC on uniswap with a really tight range, put it just outside the price with 100% ETH. Wait for the price to go through your range and close the pool. You'll be left with 100% USDC, plus you'll be able to collect a bunch of money in fees effectively being paid to sell instead of paying fees on a cex.

That guy has that vault from mid April.
He makes 900 USDC per month. Check yourself. Also gemini is your friend:
https://debank.com/profile/0x631b3cd87fe9006f4b0ef9a11d6e32a94c846ba3/

What I did after USDC depeg

Hey guys, I made a rookie mistake and could really use a tiny bit of help from anyone who has some spare network dust.
I withdrew some USDC from an exchange to my Exodus wallet, but the platform only allowed withdrawals via the Arbitrum One network. Now the funds are completely locked because my wallet has 0 ETH on Arbitrum to pay the network gas fee to move or swap it.
Because the total amount is only around $15, buying the minimum amount of ETH on an exchange or using a credit card inside the wallet doesn't make financial sense with the high limits and fees.
If anyone has a spare 10 or 15 cents worth of Arbitrum ETH they could send my way just to unlock the transaction, I would deeply appreciate it!
My public Arbitrum/Ethereum address is: 0x89dDf4ca33c046b4636A38c0E841a15536c40AcD
Thank you so much in advance to anyone willing to help

Try with a small amount of USDC..

Proof: [https://coindex.app/a/CxGljw](https://coindex.app/a/CxGljw)
**SCROLL THE FULL ALBUM!** [**https://coindex.app/a/TITH5G**](https://coindex.app/a/TITH5G)
I have an impersonator on here - I will NEVER initiate a chat (that means YOU must initiate the chat)
**BIN INSTRUCTIONS:** If you bin, please include the bin specifics in the final line of your chat request message - when it's busy I see the chats first, so if it's only in the comments I may not see it before selling to someone else.
Please be patient on chats - I will eventually get to everyone. Previous buyers and bins get priority. Just make sure I can see your bin in the chat request (last line of the chat message should look something like "BIN 2025 Libertad").
*\*\*\* All Items Sigma Verified \*\*\**
***\*\*\* GOLD \*\*\****
**Pre-33**
[1909 $2.50 Indian Head](https://coindex.app/a/CMpMpJ) \- **$540**
**Modern USA**
[2014 1/10 oz AGE](https://coindex.app/a/urjcEI) \- **$450**
[2021 1/10 oz AGE Proof w/ Box & COA](https://coindex.app/a/R8EsKa) \- **$470**
[2026 1/10 oz AGE NGC MS69](https://coindex.app/a/hqv9ad) \- **$480**
[2016 1/10 oz Mercury Dime NGC SP70](https://coindex.app/a/Uckval) \- **$625**
**Foreign Sovereign**
[1991 1/25 oz Isle of Man Norwegian Forest Cat](https://coindex.app/a/7rCsWL) \- **$275**
[2023 1/10 oz Britannia (Queen)](https://coindex.app/a/DgNU70) \- **$445**
[1985 1/10 oz Isle of Man Angel](https://coindex.app/a/FdMshY) \- **$485**
[1995 1/4 oz Maple](https://coindex.app/a/aTJt2w) \- **$1080**
[2025P 1/4 oz Kangaroo NGC MS70](https://coindex.app/a/C6PPaZ) \- **$1150**
**Bullion**
[1g Pamp Fortuna](https://coindex.app/a/5V3nFQ) \- **$140**
[1g Pamp Lunar Horse](https://coindex.app/a/Xva9U7) \- **$145**
[2.5g Istanbul Goldgram](https://coindex.app/a/6NILrf) \- **$365**
[2.5g Pamp USA250](https://coindex.app/a/0uj0NN) \- **$400**
[5g Pamp Fortuna](https://coindex.app/a/wD8ysg) \- **$710**
[10g Pamp Fortuna](https://coindex.app/a/y0rngz) \- **$1400**
[10g Argor Heraeus Small Craft](https://coindex.app/a/BVCrDH) \- **$1390**
[1/2 oz Pamp Good Luck Maneki Neko Cat](https://coindex.app/a/EPnCBQ) \- **$2150**
[1/2 oz Pamp Rosa](https://coindex.app/a/Csi0dk) \- **$2300**
[1/1000 oz American Whiskey](https://coindex.app/a/G3JzJf) \- **$20** (add-on only)
***\*\*\* SILVER \*\*\****
**American**
[2010-W ASE PCGS PR70DCAM First Strike](https://coindex.app/a/SN39LH) \- **$90**
[2019-W ASE PCGS PR70DCAM Magnum Opus](https://coindex.app/a/SN39LH) \- **$90** (2 available)
[2019-S ASE PCGS PR70DCAM Magnum Opus](https://coindex.app/a/SN39LH) \- **$90**
[2020-W ASE PCGS PR70DCAM Magnum Opus](https://coindex.app/a/SN39LH) \- **$90**
**Mexico**
[2003 Libertad (toned)](https://coindex.app/a/yU6aWr) \- **$105**
[2011 Libertad](https://coindex.app/a/L0KV9o) \- **$90**
[1985 1 oz NGC MS66 Libertad](https://coindex.app/a/8ZSQvK) \- **$140**
**Foreign Sovereign**
[2016 Kookaburra](https://coindex.app/a/4Y8gqG) \- **$75** (2 available)
[2025 Kookaburra](https://coindex.app/a/y5iTX1) \- **$75** (9 available)
[2026 Kookaburras](https://coindex.app/a/SN6PtM) \- **$75** (3 available)
[2026 Perth Lunar Dragon Bar](https://coindex.app/a/wza0hV) \- **$88** (8 available)
**Bullion**
[100x1g Valcambi Combibar](https://coindex.app/a/wxVyEj) \- **$298** (2 available)
[1 oz Vintage America the Beautiful Bars](https://coindex.app/a/jpkgVg) \- **$68** (8 available, see photos)
[5 oz US Assay Bar](https://coindex.app/a/hc6vej) \- **$325** (2 available)
[10 oz US Assay Bar](https://coindex.app/a/tATdzQ) \- **$650**
[5g Werewolf](https://coindex.app/a/KQ6agT) \- **$20** (add-on only)
[1g Dragon in Assay 320COINS](https://coindex.app/a/0RWg4x) \- **$15** (add-on only)
***\*\*\* PALLADIUM \*\*\****
[1989 USSR 1 oz. Palladium Ballerina NGC PR69](https://coindex.app/a/5Kkl5z) \- **$2700**
[Credit Suisse 1 oz Palladium in assay](https://coindex.app/a/YfNadl) \- **$1350**
***\*\*\* PLATINUM \*\*\****
[1983 Engelhard Platinum Prospector](https://coindex.app/a/Zpf2IA) \- **$2510**
[20g Valcambi Platinum in assay](https://coindex.app/a/VfCy3p) \- **$1200**
**PRICES: I do my best to list what I believe is FAIR and COMPETITIVE, and therefore FIRM.**
**Payment** (no notes please, emoji if required):  Zelle (preferred), Paypal F&F, Venmo F&F, USDC crypto, additional options available for larger amounts.  PP or Venmo paid G&S will be refunded & order canceled.
**Shipping**:  **$7 to $9 ground advantage / $11 priority / $25 insured signature priority**
See this link for shipping details & descriptions: [https://coindex.app/a/xCdDhI](https://coindex.app/a/xCdDhI)
My liability for lost packages is 50%, capped at $500, and ends when marked "delivered." 
I have no expertise in grading, be your own judge based on the photos, please ask for more detailed photos of anything you want a clearer picture of. Coins are not new and often have scratches, scuffs, spots, etc. so make sure you look first to your satisfaction!
My account has 2fa enabled, strong passwords, and you must comment before I accept a chat invite.
Please check my [feedback](http://old.reddit.com/r/pmsfeedback/search?q=stillwaters23&sort=new&restrict_sr=on&t=all) \- I offer verified metals, quick shipping, good communication, very secure packing, and I'm always happy to answer questions, whether about my listings or anything else, so please don't hesitate to ask.

I tried across. When I connect my wallet my balance appears, but when I go to swap it I get either Input or output token will be reset. I click it and the assets Im trying to swap just go to like USDC or something....

For the past five years, DeFi has been almost entirely a dollar-denominated system. Whether users are providing liquidity, borrowing, or trading, the vast majority of meaningful activity happens in USDC, USDT, or DAI. This made sense in the early days — dollars are the global reserve currency, stablecoins removed volatility, and the infrastructure was built around them.
But this model has a clear limitation when applied to emerging markets.
In countries like Argentina, people already think and save in dollars. They hold USDC or cash dollars because their local currency has historically failed as a store of value. Yet when they enter DeFi today, they face a binary choice: either keep everything in dollars, or take on significant volatility by using ETH or BTC as collateral to borrow more dollars. Neither option solves their actual need.
What users in these markets really want is the ability to keep their dollar savings intact while accessing liquidity in their local currency. This is the core use case that has been missing.
# The New Primitive
The next evolution of DeFi is not about bringing more dollars on-chain. It is about using dollar stablecoins as collateral to borrow local stablecoins.
Instead of depositing ETH to borrow USDC, users will deposit USDC to borrow wARS, wBRL, wCOP, or wMXN. Dollar stablecoins become the "hard money" collateral, while local stablecoins become the borrowable asset. This flips the current dynamic and creates a product that actually matches how people in emerging markets already behave.
This shift has powerful implications. A user in Buenos Aires who holds USDC can now borrow Argentine pesos on-chain without selling their dollars or taking crypto volatility risk. They get local currency liquidity while maintaining their dollar-denominated savings. The same pattern applies across Brazil, Colombia, Mexico, and other markets where people save in dollars but spend and operate in local currency.
This is not a niche use case. It is likely to become the primary way local stablecoins like wARS are used in DeFi.
This isn't a replay of the euro stablecoin markets that launched and stayed empty — those had no rate differential and no reason to borrow euros; local currencies have both.
# Why This Matters for Local Stablecoins
Most local stablecoin projects have focused on payments or basic on/off-ramps. While those are important, they don't create deep DeFi utility on their own. A local stablecoin that can only be used for transfers or held passively has limited composability.
When dollar stablecoins can be used as collateral to borrow the local currency, everything changes. Local stablecoins become core DeFi assets with real, recurring demand. They can power money markets, enable leveraged strategies, support structured products, and create sustainable liquidity loops. The collateral is already abundant (USDC and USDT), and the demand for local currency borrowing exists in the real world.
This is the missing link that turns local stablecoins from payments tools into fundamental DeFi primitives.
# The Infrastructure Layer: Local Currency Oracles
For this model to work at scale, protocols need reliable, manipulation-resistant price feeds for local currencies. This is why the launch of Chainlink oracles for wARS and wBRL is significant. These oracles will provide accurate exchange rates that any protocol can use to build money markets, lending platforms, and derivatives around local stablecoins.
By making these oracles public and permissionless, the ecosystem can start building the same sophisticated financial infrastructure that exists in dollar markets — but denominated in local currencies. This removes one of the biggest technical barriers that has kept local stablecoins on the sidelines of DeFi.
# Implications for DeFi
Protocols that continue to focus exclusively on dollar lending will increasingly look like they are serving only a subset of the market. The protocols that embrace cross-currency money markets — where dollars serve as collateral for local currency borrowing — will capture the next wave of users who have so far remained on the sidelines of DeFi.
Local DeFi is not about fragmenting liquidity. It is about finally making DeFi relevant to the majority of the world's population that lives outside the dollar economy.

Minimum engagement example: Aerodrome vaults by Mellow finance. Fully automated. In WETH/USDC it moves the +/-3% range every 20$ making positions with ratio 98-2 or 99-1 to minimise the impermanent loss.
Rebalance free of charge.
Up more USDC, down more WETH.
All weather, set and forget.
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