With the passing of the GENIUS Act, a wave of new stablecoins are coming & Wormhole will be the core infrastructure powering their issuance & movement across chains Grateful to the industry leaders & contributions from the foundation’s legal team who helped make this possible W

.@wormhole is joining Boundless to power The Signal. ZK interoperability is going multichain, enhancing industry-leading security with ZK proofs.

there Were Whispers all along noW We’re Waking up to Witness them

Congrats to our friends at Base and CB on @baseapp Wormhole will be quietly in the background continuing to connect the ecosystem to everything onchain Transfer & try the new app:

enter the wormhole, send assets to base, and try @baseapp

Good things take time. A little over six months ago, I sat down with the Head of Digital Assets at Hamilton Lane ($1T~ Asset Manager) to talk about bringing private credit onchain, and how we might actually start delivering on the promise of "democratizing finance." Today, after months of collaboration, we’re announcing the multichain expansion of Hamilton Lane’s Private Credit fund, $SCOPE, now live with our partner Securitize across Ethereum and Optimism. At Wormhole Foundation, our focus is on connecting the future financial system, and institutions will be a big part of that. *Throwback to one of our late night sessions in Zurich

What does institutional adoption actually look like today? Not institutions buying and holding crypto but issuing offchain assets -> onchain (RWA's) and utilizing them in DeFi End-to-End Private Credit Example 🧵 ..

🕯️ 🕯️ 🕯️ 🕯️ 🕯️ 🕯️ 🕯️ 🕯️ 🕯️ 🕯️ 🕯️ 🕯️🕯️ 🕯️🕯️ 🕯️ 🕯️ ormhole

The most overlooked part of crypto today is interop. Maybe that is a good thing? It could mean that the "coordination layer" is working and falling to the background so applications like can simply trade assets on pump swap no matter what chain they are native too. It could also be changing and becoming less overlooked, I've mentioned some of these before but these themes are only increasing in relevance... - L2 fragmentation continues to be a major issue for the EF - New L1's are still coming online (see below) - Some older L1's want to capture more value so are building appchain frameworks like cosmos and polkadot - RaaS providers are building businesses based on "chains as a service". New L1 theme is seeing asset issuers launch their own chains or chains they are closely aligned with. - Ethena/Securitize --> Converge - Tether --> Plasma - Ondo --> Ondo Chain - Robinhood --> Robinhood Chain There will likely be many more within the next 3 months, I personally know of 3 high profile ones as a ref point. - - - - More chains doesn’t equal more usability. Without interoperability, liquidity is fragmented, user experience suffers, and developer overhead increases. We just saw this with tokenized stocks: $aTSLA, $bTSLA, $cTSLA.. which one do you buy? SWIFT processes between $5-7 TRILLION/day by offering one thing: reliable, standardized interoperability. This is the opportunity size for interop protocols. Interoperability isn't new. We've simply solved an age old problem for systems and have applied it to blockchains. If crypto is serious about building a parallel financial system, we need shared, neutral infrastructure that connects assets, apps, and users across environments. Interop is the dark horse.

The token bridge, 1 of 8~ multichain products in the wormhole stack just surpassed Arbitrum in TVL