This is going into an uncharted territory...! But the peg is staying strong... Lots of people ask what happens when BTC price goes below 50%? The real question is what happens when price goes above 50%? We will find out soon...! Find out more at https://umint.cash

One thing I don't understand why the stable tokens keeps increasing no matter if the BTC price goes up or down..! It is good to be in $$ printing business I guess??

Good quote "In Crypto, Tokens are the product. Everything else is noise"

Enabled "EUR" cashu token on https://stablenut.umint.cash/ check it out on cashu.me or minibits wallet. Here's the PoL which is available at https://umint.cash/pol#pol

Hello All, Hope everyone had a good summer vacation..! I'm back from mine after sending my son to college..!

BTC price is up and down.. It is ok for my HODL bags long term, but if I am planning to spend some sats either through zaps or pay for services, better to keep it pegged to USD. cashu tokens let's you do it in a much easier way through lightning. Simply use any cashu USD supported wallets such as cashu.me or boardwalkcash.com and push some sats to keep it same value. Stack sats, peg USD tokens... Enjoy the July 4th holidays...!

We are back in business with more liquidity.... $5k more... go mint USD tokens and check it out.. View quoted note →

AND… WE ARE SOLD OUT! No more USD cashu tokens...! What started as a proof-of-concept (POC) test last month with stable channels and Cashu mints turned out to be a huge success! TL;DR: If you want us to keep this going and add more liquidity, please like and repost this for visibility. We are actively working on increasing liquidity to continue this initiative. If you are interested in providing liquidity and earning some satoshis (sats), please DM me! Stable Channel: The goal is to maintain a balanced channel by pegging the amount of sats to $1000 on one end. From May 13th until now, the stable channel has remained exceptionally stable, maintaining $1000 while the BTC price fluctuated from $63,000 to $71,000 and back down to $60,887. The channel balance on the stable receiver side never fell below $1000. Stats on Stable channel: Days uptime: 44 Payments made: 10,333 Largest Stable Receiver Amount: $1,014 Smallest Stable Receiver Amount: $984 Cumulative Payments: $17,912 Mean Payment: $1.73 Median Payment: $1.52 Standard Deviation: 1.26 Almost $18,000 in payments back and forth! Cashu Mint: umint.cash is the only cashu mint that supports USD tokens now. Anyone can use a supported wallet to mint tokens by paying a lightning invoice. While many big stablecoin projects struggle to show proof of reserves/liabilities, we provide that info real time on the mint website. Dollar balance stays the same and not subject to volatility...! Stats on Cashu USD Mint: Casu tokens minted: 18,059 Cashu tokens melted: 13,997 USD value of cashu tokens minted: $5,500 USD value of cashu tokens melted: $4,501 Number of cashu wallets supported: 3 And the good thing is that these statistics are available real-time on the mint website https://umint.cash/ All we need to do now is to keep increasing the liquidity..! We are not bounded by exchanges or treasuries.. All within Bitcoin... Please like and repost for visibility…! Thanks for everyone involved in making this a success…! Stablechannels by @tonklaus Boardwalk cash wallet by @bob Master of cashu @calle

$10 more to go.... and then we are SOLD OUT...!

What i learnt in Sovereign Engineering? "You can build software without going to jail"... be transparent, let people verify your work and reduce all possibilities of rug pull...! @npub1r2p7...yshs

steady lads - Deploying more capital

30 days update..! The stable channel is stable for non stop stable. During this time, BTC price went from $62k to $71k to $66k. No change to the minted ecash token..! see it for yourself at https://umint.cash/por#por Thanks to @tonklaus and @bob for making this possible..

This is the right response.. no one gives a fuck and move on..! If we keep talking about this that is what they want.. View quoted note →

$600 and counting... Can't understand why $$ value grows even when BTC price is going up..! Also, there are over $3k burn proofs which means the redemption is working well...! #cashu

Let's TAP eCash.... So cool...! View quoted note →