Thursday, Feb 26, Tether Invests $200 Million in Whop
Ethereum unveils a seven-fork 'straw map' with aggressive scaling goals while Tether backs creator payments and a lawsuit stirs market uncertainty—what changes next?
Key Takeaways
- Ethereum Foundation published a seven-fork 'straw map' through 2029 targeting single-slot finality, 10k TPS via GigaGas, ZK EVMs, native privacy, and post-quantum cryptography.
- Work reorganized into scale, UX, and L1 hardening streams; 2026 forks include Glamsterdam for parallel processing and Hagoda to reduce node storage—framed as coordination, not prediction.
- Tether invested $200M in WAP, valuing it at $1.6B; WAP reports 20M users, $3B annual creator payouts, 25% monthly growth, and integrates USDT/USAT wallets for on-chain creator payouts.
- Stablecoins are shifting from trading pairs to payment rails—Stripe and Meta building rails—enabling creators to receive USDT faster and cheaper without local banks as gig/creator payroll.
- Terraform alleges Jane Street sold 85M UST minutes after a 150M withdrawal using private-chat tips; Jane Street denies the claims; BTC rallied from $63k to $68k, evidence still inconclusive.
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Thursday, Feb 26, Tether Invests $200 Million in Whop
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