Dragonfly

Today, the team at Artemis released the most comprehensive report on stablecoin payments usage to date. We at Dragonfly supported them in compiling research and insights for the report. A few of the most exciting key takeaways for us 👇 1/ B2B payments now dominate stablecoin activity, with an annualized volume of $36B. Companies are using stablecoins for supplier payments, treasury management, and cross-border invoicing. 2/ P2P volumes have stagnated while card linked volumes have also started to see steepening growth - indicating the use of real world payments for goods vs. just remittance or cross border money movement 3/ We still see USDT dominate share in most regions for payments - with pockets of outperformance for USDC in India, Argentina, and Mexico. There was some indication recently that USDC could be gaining in the B2B segment, but we will need to see more months of data 4/ For payments, Tron and Ethereum mainnet still dominate. With Polygon and BSC gaining some small market share recently, and Solana still quite nascent behind that Thanks to Nic Carter and the Castle Island Ventures team for collaborating with us on this. Download the full report here: https://www.stablecoin.fyi

The fastest growing segment of stablecoin and APM adoption today is B2B cross-border payments, especially within the SMB segment, and we are starting to see the early days of a large scale FX wave coming on chain. In places like Latin America and Southeast Asia, its clear to me that USD stablecoins will eventually become the preferred way to pay suppliers, move money between trading partners, and payout employees. And Conduit is at the forefront of bringing core infrastructure to those users. Congratulations to Kirill Gertman and team, we're really excited to announce that we co-led of their Series A, and can't wait to see what's next.

Very rare role just dropped by Hashflow 👇 Dragonfly >|< Talent Hub https://lnkd.in/gZav2YAz

Crypto is a big tent, and at our conference this year, we wanted to include 4 of the most interesting-- and authentic-- voices within it. Cornell Blockchain is pleased to welcome The Chopping Block for a live podcast recording at the U.S. Innovation in Crypto conference at 1pm on April 25th at Cornell Tech. Just as they done before at other leading conferences like Token2049 and Consensus, Haseeb, Tom, Tarun & Robert will be tackling the latest news in markets, giving their industry perspective as early stage investors in crypto. Now with 50 speakers, this year's conference is shaping up to be the industry convening of April. Early Bird Tickets continue to go fast and can be purchased here: https://lnkd.in/eWfSwPrC. See you in 2.5 weeks in NYC!!!

Dragonfly Talent Hub just opened on Telegram 👇

All right, still sick but want to get this out now Looking for an Engineer and a Designer for our portfolio (not an internal role, not an internal role, don’t ask me about this role being for Dragonfly): Infrastructure/Site Reliability Engineer - Likely joining as #4 employee, so top tier candidates who has built infra and deployed from 0 to 1 - From zero, you are going to spin up a production-level consensus instance (with deploys/backups/key signing etc) - Current stack: Grafana, Prometheus. Team determining if AWS or something else, team is open-minded - Rust 🦀 + enjoy managing secrets/keys are huge bonuses - GREAT equity - USA based, remote; visits to California - No crypto exp required Product Designer (Mid to Senior) - NYC based, in-office - 3 to 6 years of experience - Professional experience working in crypto or is passionate about the space - UX in desktop (vs mobile), data visualization, or B2B are strong fits As usual links below in the comments 👇

In our 2025 State of Airdrops Report, my colleagues Hildebert Moulié, Jane Perov, Demetrios Stellatos, and I at Dragonfly delve into the economic repercussions of geoblocking airdrops within the U.S.: Key Findings Include: - Up to $5B+ in lost airdrop value - Up to $1.1B+ in uncollected tax revenue - Up to 5.2M users affected These numbers underscore the urgent need for a clear regulatory framework that not only supports innovation but also ensures tax compliance and promotes economic inclusion. 🔗 https://lnkd.in/gSnbnpKp