Nxos
BNB NativeA stablecoin neobank for cross-border trade. Nxos brings fiat and stablecoins into one integrated account for businesses operating between traditional finance and crypto — importers, exporters, and Web3 companies paying fiat suppliers — replacing separate banks, OTC desks, and wallets.
7D Momentum
Velocity of growth — engagement quality folded in at 35%
Ranked by a composite of views, reach per follower, likes and bookmarks — normalised against this account's own peak.
- #1
Couldn't think of better partners than @yzilabs - love building together and ensuring you get your morning coffee 💪☕️ https://t.co/1CIQL5b6t9
3001640 - #2
In the 1970s it wasn't the oil trade that made the dollar dominant. It was the Eurodollar that made oil traders choose the dollar. A short thread on the system that built dollar dominance, its two flaws, and what inher…
1021130 - #3
2/ Eurodollars are dollars issued by banks outside the US. A bank in London or Hong Kong opens you a USD account and writes dollars onto its own balance sheet. That let a Gulf oil trader deal through London while dealing…
001510 - #4
7/ Eurodollars equalised trade beyond New York and London, into Hong Kong, Singapore, and the UAE. The first real rails of an interconnected world. Stablecoins take those rails to anyone with a phone. Full argument: htt…
000140 - #5
3/ Flaw one: credit risk you cannot see. The only guaranteed dollar is the one the bank actually holds at its US correspondent. The rest is created out of thin air, governed by local regulation. Banks are happy to take…
001110
Latest activity from @nxos_io.
RT @cz_binance: Sitting in the audience now. Tune in.
Couldn't think of better partners than @yzilabs - love building together and ensuring you get your morning coffee 💪☕️ https://t.co/1CIQL5b6t9
7/ Eurodollars equalised trade beyond New York and London, into Hong Kong, Singapore, and the UAE. The first real rails of an interconnected world. Stablecoins take those rails to anyone with a phone. Full argument: https://t.co/GLysgYDEIH
6/ Stablecoins fix both by construction. The USDT you hold is the same USDT anyone on the planet holds, verifiably backed 1-1. And it settles directly between counterparties, at any hour, with screening once at each end instead of five times along a chain.
5/ The underlying settlement, FedWire, is instant. The transfer still takes days. Miss one cut-off and add another. Not a technology problem. An architecture problem.
4/ Flaw two: the chain. Sending dollars from Tanzania to South Korea crosses at least 5 banks: your bank, its US correspondent, the Fed, their correspondent, their bank. At least 4 separate compliance checks. Each with its own banking hours and cut-off time.
3/ Flaw one: credit risk you cannot see. The only guaranteed dollar is the one the bank actually holds at its US correspondent. The rest is created out of thin air, governed by local regulation. Banks are happy to take USD deposits. Somewhat less enthusiastic about paying them
2/ Eurodollars are dollars issued by banks outside the US. A bank in London or Hong Kong opens you a USD account and writes dollars onto its own balance sheet. That let a Gulf oil trader deal through London while dealing in dollars. No Fed involved.
In the 1970s it wasn't the oil trade that made the dollar dominant. It was the Eurodollar that made oil traders choose the dollar. A short thread on the system that built dollar dominance, its two flaws, and what inherits it.
A price with knowable biases is still a price. Before this market existed, a trader watching tankers stall behind Hormuz on a Saturday could do nothing until Sunday evening. Now that risk trades at any hour. Full analysis, with the data: https://t.co/ISroNNMLba