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The best business of the last decade was not @nvidia.
@tether: roughly 150 staff, over US$10 billion profit in 2025. That is about US$67 million of profit per employee. No bank, no fund, no tech company on Earth comes close. Customers hand it billions, it buys T-bills, keeps the interest, and by law pays holders nothing.
Here is the part that matters if you allocate capital: you could not invest in Tether. That trade was never offered to you.
The same machine is now being rebuilt in euro, yen, dirham, ringgit, rupiah and Singapore dollars, with government licences, 1:1 fiat backed, at day zero. China alone has US$53 trillion sitting in deposits, none of it tokenised. The dollar version is finished minting its winners. The non-dollar version has not started.
We wrote the full thesis: why every Asian treasury now wants its own Tether, which regulators have already moved, and the one risk that smells like 2008. If you manage money in this region, this is the decade's map.
@tether: roughly 150 staff, over US$10 billion profit in 2025. That is about US$67 million of profit per employee. No bank, no fund, no tech company on Earth comes close. Customers hand it billions, it buys T-bills, keeps the interest, and by law pays holders nothing.
Here is the part that matters if you allocate capital: you could not invest in Tether. That trade was never offered to you.
The same machine is now being rebuilt in euro, yen, dirham, ringgit, rupiah and Singapore dollars, with government licences, 1:1 fiat backed, at day zero. China alone has US$53 trillion sitting in deposits, none of it tokenised. The dollar version is finished minting its winners. The non-dollar version has not started.
We wrote the full thesis: why every Asian treasury now wants its own Tether, which regulators have already moved, and the one risk that smells like 2008. If you manage money in this region, this is the decade's map.
The best business of the decade was never offered to investors. US$10B profit, 150 staff $USDT
Now it is being rebuilt in euro, yen, ringgit, rupiah and dirhams, licensed, 1:1 Fiat backed. @seraprotocol wrote the map 👇 x.com/i/article/2109…
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Sneak preview 👀 Sera V2: trade at L2 speed, settle in @ethereum's liquidity. An app-specific ZK rollup (proprietary circuit), every batch STARK-proven to Ethereum, no bridge to manage.
We’re targeting proofs in under 4s. That means the tx that lands a proof can also run your hereum:0x70e8de73ce538da2beed35d14187f6959a8eca96 on @seraprotocol. One transaction. All or nothing.
No pools. Set a price range for your balance; Sera fills only inside it, and every fill is proven to stay there.
Where we are: custody contracts written and tested, circuit and prover in development, launch planned at L2BEAT Stage 1. More soon.
We’re targeting proofs in under 4s. That means the tx that lands a proof can also run your hereum:0x70e8de73ce538da2beed35d14187f6959a8eca96 on @seraprotocol. One transaction. All or nothing.
No pools. Set a price range for your balance; Sera fills only inside it, and every fill is proven to stay there.
Where we are: custody contracts written and tested, circuit and prover in development, launch planned at L2BEAT Stage 1. More soon.
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Most people estimate Stablecoin issuances at $1+$1=$2
We estimate it around $7 including all the intermediaries and market makers in between globally.
With the advancement of U-Cards, we are seeing local wallet players flexing their muscles just like @YouApp_AI and @MYRT_money money printer:
x.com/DouglasGan/sta…
We estimate it around $7 including all the intermediaries and market makers in between globally.
With the advancement of U-Cards, we are seeing local wallet players flexing their muscles just like @YouApp_AI and @MYRT_money money printer:
x.com/DouglasGan/sta…
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The best business of the decade was never offered to investors. US$10B profit, 150 staff $USDT
Now it is being rebuilt in euro, yen, ringgit, rupiah and dirhams, licensed, 1:1 Fiat backed. @seraprotocol wrote the map 👇 x.com/i/article/2109…
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We have been named one of four finalists for the Emerging FinTech Award at the @sgfintechfest FinTech Excellence Awards 2026, organised by MAS and the Singapore FinTech Association and supported by PwC Singapore.
The judging panel included more than 35 judges from firms such as Vertex, Jungle Ventures, Peak XV, UOB, DBS, Maybank, HSBC, MUFG and Nium.
Entries were judged on impact, sustainability, practicality, interoperability, and uniqueness and creativity.
MAS announcement: mas.gov.sg/news/media-rel…
The winning result will be out on 19 November 2026.
The judging panel included more than 35 judges from firms such as Vertex, Jungle Ventures, Peak XV, UOB, DBS, Maybank, HSBC, MUFG and Nium.
Entries were judged on impact, sustainability, practicality, interoperability, and uniqueness and creativity.
MAS announcement: mas.gov.sg/news/media-rel…
The winning result will be out on 19 November 2026.
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MAS announced today the 42 finalists for the 2026 Global FinTech Hackcelerator and the Singapore FinTech Festival (SFF) FinTech Excellence Awards. The winners will be revealed at the SFF FinTech Excellence Awards 2026 dinner on 19 November 2026.
READ: mas.gov.sg/news/media-rel…
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Check out the type of APY you can get on stablecoins by market making on Sera.cx for the corridors you fancy.
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The two halves of this market rarely share a city.
Singapore is the world’s third largest FX centre, US$1.485 trillion a day, 11.8% of global volume. It is also one of the few places where stablecoin issuance sits inside a published regulatory framework rather than beside one.
ility on one side, regulated issuance on the other. Sera is built where they meet.
Sera.cx: Bringing FX Onchain
Singapore is the world’s third largest FX centre, US$1.485 trillion a day, 11.8% of global volume. It is also one of the few places where stablecoin issuance sits inside a published regulatory framework rather than beside one.
ility on one side, regulated issuance on the other. Sera is built where they meet.
Sera.cx: Bringing FX Onchain
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Rates on Sera are set by competing liquidity providers. 53 of them are quoting on mainnet right now, keeping the spread that banks normally keep.
$7.80M settled, 2,181 swaps, all-in cost around 0.1 to 0.2%. One deposit quotes across many pairs, your keys the whole time.
The t.
Take seat №54 → earn.sera.cx
$7.80M settled, 2,181 swaps, all-in cost around 0.1 to 0.2%. One deposit quotes across many pairs, your keys the whole time.
The t.
Take seat №54 → earn.sera.cx
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Not every pair needs its own market.
A ringgit to baht payment does not wait for a ringgit-baht maker. It routes through the pairs that are actually held, priced at the best combination available in that instant. The interbank market arrived at this answer decades ago. We ndreds of pairs become serviceable from a handful of held positions. The inventory does not disappear. It works harder.
Route it → app.sera.cx
A ringgit to baht payment does not wait for a ringgit-baht maker. It routes through the pairs that are actually held, priced at the best combination available in that instant. The interbank market arrived at this answer decades ago. We ndreds of pairs become serviceable from a handful of held positions. The inventory does not disappear. It works harder.
Route it → app.sera.cx
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Phase one made the dollar programmable. 99.76% of stablecoin supply is USD.
Everything else, every euro, Singapore dollar, ringgit and yen onchain, fits in $771M. That sliver is phase two, and it is the larger opportunity, because most economic activity on earth is not
Issuance is global, usage is local. The gap closes when one currency stablecoin swaps into another without difficulty.
Track it → sera.cx/stablecoins
Everything else, every euro, Singapore dollar, ringgit and yen onchain, fits in $771M. That sliver is phase two, and it is the larger opportunity, because most economic activity on earth is not
Issuance is global, usage is local. The gap closes when one currency stablecoin swaps into another without difficulty.
Track it → sera.cx/stablecoins
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A payments provider serving eight currencies funds eight balances, forecasts each one, rebalances between them, and accepts that most of that money sits idle most of the time.
That is not a treasury failure. It is a rational response to conversion you cannot rely on at the . The capital parked in those accounts is the real cost of cross-border money, and it never appears on a fee schedule.
When conversion is instant and certain, pre-funding becomes a choice.
Integrate → docs.sera.cx
That is not a treasury failure. It is a rational response to conversion you cannot rely on at the . The capital parked in those accounts is the real cost of cross-border money, and it never appears on a fee schedule.
When conversion is instant and certain, pre-funding becomes a choice.
Integrate → docs.sera.cx
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The spread is not a toll. It is the price of a wait.
Two currencies sit in two banking systems on two timetables, so an exchange is really two transfers that cannot complete at the same instant. Someone stands in that interval, carries the risk that one leg fails after the other for it.
Make the exchange and the settlement one atomic transaction, completing in seconds on a public ledger, and the interval disappears. The spread has nothing left to cover.
Sera.cx: Bringing FX Onchain
Two currencies sit in two banking systems on two timetables, so an exchange is really two transfers that cannot complete at the same instant. Someone stands in that interval, carries the risk that one leg fails after the other for it.
Make the exchange and the settlement one atomic transaction, completing in seconds on a public ledger, and the interval disappears. The spread has nothing left to cover.
Sera.cx: Bringing FX Onchain
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FX is not a market. It is the market.
US$9.6 trillion changes hands every day, more than ten times what trades on every stock exchange combined. And it is the only market where both sides of the trade are money.
Stocks, gold and bonds are things you choose to buy. FX is a cost y changes currency.
The real rate → app.sera.cx
US$9.6 trillion changes hands every day, more than ten times what trades on every stock exchange combined. And it is the only market where both sides of the trade are money.
Stocks, gold and bonds are things you choose to buy. FX is a cost y changes currency.
The real rate → app.sera.cx
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Coffee was on us at @token2049 ☕
For 2 days at the Sera.cx café in the Barista Zone, we had 20+ Sera evangelists and volunteers from 9 countries with us.
Our cup sleeves said it: zero slippage, zero spread, your order exactly as brewed. Hope your flat white tps://t.co/R48xS5rl8P made the NEXUS Top 50 🏆
Multi-currency stablecoin FX, settled onchain with real liquidity behind every pair.
Did you spot our black Sera.cx car around the city? 🚗 It shuttled between the main event and side events every 30 mins. If you hopped in, tell us where it took you 👇
See you at the next one!
For 2 days at the Sera.cx café in the Barista Zone, we had 20+ Sera evangelists and volunteers from 9 countries with us.
Our cup sleeves said it: zero slippage, zero spread, your order exactly as brewed. Hope your flat white tps://t.co/R48xS5rl8P made the NEXUS Top 50 🏆
Multi-currency stablecoin FX, settled onchain with real liquidity behind every pair.
Did you spot our black Sera.cx car around the city? 🚗 It shuttled between the main event and side events every 30 mins. If you hopped in, tell us where it took you 👇
See you at the next one!
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A scientist puts fleas in a jar and closes the lid.
They jump, hit it, and learn to stop short. He takes the lid off. They keep jumping the same height, and so do the ones born later, who never met the lid.
Most of what people accept about moving money is a lid that came off years ago. Three days. A rate you are given instead of shown. Business hours, for something a machine does in a second.
It is not physics. It is a habit.
Inspired by: facebook.com/share/r/19UmDC…
They jump, hit it, and learn to stop short. He takes the lid off. They keep jumping the same height, and so do the ones born later, who never met the lid.
Most of what people accept about moving money is a lid that came off years ago. Three days. A rate you are given instead of shown. Business hours, for something a machine does in a second.
It is not physics. It is a habit.
Inspired by: facebook.com/share/r/19UmDC…
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The Sera.cx Android app is now live! 🚀
Give it a try and share your feedback with us. Your input will help us make it better for the stablecoin economy.
We’ll also be open-sourcing our codebase so more builders can create stablecoin-powered DEXs and wallets to ecosystem.
Let’s build the future of stablecoin finance together.
play.google.com/store/apps/det…
Give it a try and share your feedback with us. Your input will help us make it better for the stablecoin economy.
We’ll also be open-sourcing our codebase so more builders can create stablecoin-powered DEXs and wallets to ecosystem.
Let’s build the future of stablecoin finance together.
play.google.com/store/apps/det…
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