Monday, Feb 16, BIP-360 Breakdown
Tether backs USDT-settled on-chain stock trading, Amsterdam readies an unrealized-gains tax, and Bitcoin advances BIP360 quantum protections—critical moves for traders and institutions.
Key Takeaways
- Tether invested in DreamCash to launch USDT-collateralized stock perpetuals on Hyperliquids; LayerZero USDT0 enables cross-chain access to major stocks and commodities settled in USDT.
- Hyperliquids now taps millions of USDT holders; Salini Capital supplies liquidity and a $200k weekly incentive—Tether funds infrastructure to shift traders from centralized exchanges to decentralized rails.
- The Dutch lower house approved a flat 36% unrealized-capital-gains tax (targeted from 2028); DAC8 will share exchange data with Dutch authorities from 2026, raising EU adoption risk.
- Tax applies to unsold crypto, stocks, and bonds and may force asset sales to pay levies; exemptions for real estate and startups favor property over market investment and harm compounding.
- Bitcoin engineering progressed: BIP360 merged into the repo adding pay-to-Merkel-roots (committing hashes not keys) to reduce quantum risk; soft-fork activation and consensus remain required.
Original Source
Monday, Feb 16, BIP-360 Breakdown
Visit Source