haonan Profile picture
Feb 2 1 tweets 1 min read Read on X
stablecoins are quietly taking over:

• Tether generates more free cash flow with <200 employees than most S&P 500 companies

• 30% of all onchain transaction volume is now stablecoins

• $33 trillion moved in 2025 alone

• freelancers paid in stables: +39% YoY

• 58% of European firms already using or planning to use stablecoin payments

• • •

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More from @haonan

May 24, 2023
crypto today has a heavy chandelier problem Image
half a century ago, at the height of soviet prestige, central planners in moscow grappled with the problem of how to measure and incentivize rapid progress.
weight quickly emerged as an imperfect but practical measure of industrial output.

a steel mill’s performance can be measured by the tons of steel it produces.

target tons of output, incentivize factories to achieve the targets and the economy will grow.
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Apr 26, 2022
1/ Optimism is building an airdrop machine

what does this mean? Thread below
2/ we believe the Uniswap style “one drop and done” airdrop should be abandoned in favor of a multi-round, iterated airdrop machine Image
3/ UNI’s approach was brilliant in 2020. But what big brains do in the beginning, smooth brains do in the end Image
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