$aUSD is the decentralized stablecoin of @Polkadot powered by @AcalaNetwork.
BUT what is it, why is it exciting and how is it different from other stablecoins?
These 7 quick facts will give you a complete understanding 🧵..
$BTC and now $DOT are now the only crypto assets not considered securities
I have to imagine the days of @Polkadot falling to the background on CT are no longer, this is HUGE
Kudos to @Web3foundation in being proactive and working with the @SECGov
Web3 Foundation announces @Polkadot's native token DOT has morphed and is software, not a security!
After 3 years of proactive engagement with the @SECGov, W3F announces a landmark step towards the achievement of Web 3.0, a decentralized, trustless, serverless internet.
This is an incredible milestone for the Wormhole protocol
Announcements on twitter are great, but they can fall short of accurately conveying how much effort has gone into make something impactful come to life
@wormholecrypto & @AMD are making the multichain future more secure
The @Polkadot network has been around for years, yes
There has been some frustration in the past about "activity", yes
10 reasons to ditch this played out notion and be excited NOW
Today I am grateful for the wormhole contributors and the strategic decision we made a year+ ago to prioritize improving and building up the asset related products on wormhole
Today we are #1
- wormhole powered asset protocols in aggregate are doing the most volume in the