Block Skunk

@blockskunk

The multi-party system of record. One shared state. Cryptographic proof.

Sheridan, Wy

blockskunk.com

Joined October 2024

155 Following

67 Followers

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Block Skunk
@blockskunk
Oct 18
Cleared Counterparty - The eligibility fact in front of any transaction.
🇺🇸 Santore
@santoretech
Oct 18
The GENIUS Act sets a federal framework. It doesn’t answer the live question before a transaction: is this counterparty still eligible? Stablecoins move in seconds. “We checked last quarter” moves a lot slower and isn’t an audit trail.
Article
Stablecoins are Ready. Is the Counterparty?
What the GENIUS Act does and why firms still need a current, evidence-backed answer before they issue, redeem, custody, or transact. A payment stablecoin can cross a ledger in seconds. That says
Block Skunk
@blockskunk
Oct 16
$20 billion in KYB spend still will not clear a trade. @juniperresearch puts financial-services KYC/KYB systems spend near $20B in 2025, rising toward $30.5B by 2030. That budget covers entity screening, onboarding, and compliance checks. What it does not do is decide whether a
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Block Skunk
@blockskunk
Oct 15
Seventeen U.S. banks are building a tokenized-deposit rail for 2027. That means seventeen institutions need a reliable way to agree who is eligible to participate, clear, and settle on shared rails. The Clearing House Payments Company selected Quant Network for its On-Chain
Block Skunk
@blockskunk
Oct 13
GENIUS does more than ask issuers to certify the program. It raises the bar on evidence. A screenshot can show a moment in time, but it does not show who made the decision, which policy was applied, what controls were checked, or whether the record can be reconstructed later.
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Block Skunk
@blockskunk
Oct 13
AI power buildouts and mineral supply chains are creating strange neighbors. Energy developers, manufacturers, logistics firms, equipment vendors, and specialty suppliers now sit closer to defense work than they may realize. That does not mean every one of them is suddenly in a
CMMC gap analysis | NIST SP 800-171 readiness | BlockSkunk
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