According to @jessepollak, recent activities on BaseApp, Zora, and DeFi protocols such as MoonwellDeFi and MorphoLabs demonstrate the increasing utility of cryptocurrencies for real-world payments and yield generation. The use of USDC for direct payments and the ability to earn yield through DeFi platforms are highlighted, signaling growing adoption that could impact trading volumes and liquidity for related tokens. These developments provide traders with new opportunities to track token flows and capitalize on emerging on-chain use cases (source: @jessepollak).

According to @jessepollak, XRP holders can now put their XRP on Coinbase, withdraw as cbXRP on Base, and borrow against it for USDC on MoonwellDeFi. This marks the first fully onchain, scalable, and permissionless way to leverage XRP as collateral, unlocking new trading and DeFi strategies for the XRPArmy. The ability to borrow USDC against XRP positions on-chain expands liquidity options and may impact XRP price volatility and DeFi market participation. Source: @jessepollak on Twitter.