Are Banks in Trouble? · Revo Network Alliance

Are Banks in Trouble?

The largest USDC transfer in history and it settled immediately!~$4.4B sent to the Coinbase Hyperliquid deployer at ZERO cost. It was reportedly the largest single USDC transfer ever recorded.

For those who don’t know, USDC is a dollar-backed stablecoin issued by Circle. In simple terms: it is a digital dollar that can move onchain, 24/7, without needing traditional banking rails. And that’s why this is historic.

A transfer larger than the GDP of some countries (Bhutan, Belize, Andorra) moved onchain, settled almost immediately, and cost $0 in transaction fees. No bank hours. No wire cutoff. No multi-day settlement. No correspondent banking chain. It is a preview of how institutional money could move in the future: globally, instantly, transparently, and at near-zero cost...

...this is the power of blockchain infrastructure. There are individual use cases that you will be experiencing leveraging the same embedded technology right in your Amped Bio wallet. We are positioned early and this historic transaction is yet another benchmark reached on this massive infrastructure shift.

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Are Banks in Trouble?