Everyone is watching stablecoin issuers. But the real opportunity might be somewhere else. @sparkfinance's CEO @hexonaut predicts stablecoins could grow from $300B to $3 trillion by 2030. His argument? Issuing a stablecoin is easy. Building the liquidity, lending, and infrastructure behind it is the hard part. That's where DeFi could win big. FT @BitcoinJesusETH ⏱ TIME POINTS ⏱ 00:00 - Intro 00:58 - What Is Spark and How Does It Work? 03:51 - Does Spark Profit More in Bull or Bear Markets? 05:29 - Get Milk Road PRO for Just $1 05:44 - How Did Spark Avoid the KelpDAO Exploit? 10:02 - Is Wall Street Finally Embracing Crypto? 12:44 - The Two Layers of the Future Financial System 14:33 - Why Choose DeFi Yield Over T-Bills? 16:46 - Tokenized Treasuries vs. Stocks: Who Wins? 19:19 - Why Cheaper Loans Could Unlock Trillions 21:15 - Will AI Agents Transform Global Finance? 23:50 - Will Banks Build Their Own Blockchains? 25:52 - What Are Institutions Saying About DeFi? 27:48 - Will the GENIUS Act Trigger a Stablecoin Boom? 29:33 - What Will Spark the Next Stablecoin Surge? 32:22 - SPK vs. SKY: What Investors Need to Know 34:15 - Will Bitcoin Hit $100K by Year-End?

WSX BREAKING: Standard Chartered, which holds $993.4 billion in assets, has described @SkyEcosystem as “DeFi’s federal bank” in its research coverage. By September, Sky’s ecosystem agents Spark, Grove, and Obex had borrowed a combined $5.9 billion in USDS, against total borrowing limits of $17.5 billion. The figures highlight Sky’s growing role in decentralized finance, as institutional research increasingly examines the scale and structure of DeFi lending.

Spark made more than $4M in net protocol returns in Q3. Every month of 2026, Spark's revenue model kept working. And 2026 has been a hard year. DeFi lending spreads compressed sharply in the first half, and the margin on lent capital went negative in Q2. But the machine kept going through all of it. Here’s why: → More than one way to earn: Spark earns from several sources, so when one gets squeezed the business holds. → The Spark Liquidity Layer: Spark borrows from @SkyEcosystem at a base rate and deploys that capital across DeFi, keeping the difference. Spark Savings USDT deposits run through it too. After a planned push to grow Savings USDT, returns moved back above funding costs in Q3. → Risk first: capital only goes to approved venues, with caps on how much can move and how fast. Capital is held against risk, and liquidity stays ready for withdrawals. → More ways in: Savings now runs on more chains and stablecoins, including through @okx and USDT0 on @Arbitrum. → New products: the Stablecoin FX Layer, built with @Uniswap and Sky, launched with $150M in USDS liquidity so banks, fintechs and payment companies can swap between stablecoins through one shared pool. Trade volume passed $14B in the first month. That’s what battle tested means. Several engines, all built to keep earning when conditions turn. Narratives rotate. Most fade. What lasts is the protocol still earning when attention moves on. Nine months into 2026. Still earning.

🚀 16 小时，2100 万美元！ @sparkfinance 上线 OneKey App 仅 16 小时，通过 OneKey 存入的 USDT 与 USDC 已突破 2100 万美元。 👉 立即存入： USDT: app.onekey.so/earn/ethereum/… USDC: app.onekey.so/earn/ethereum/…

What was discussed onstage at DAS Asia? Check out the content analytics below

Spark Savings is now available in the OneKey App. Put your USDT and USDC to work and currently earn up to 17% / 12% APY with Spark Savings within the OneKey App. Start earning today: USDT: app.onekey.so/earn/ethereum/… USDC: app.onekey.so/earn/ethereum/… Rates are variable and can change.

did a talk on this topic at DAS. Most debated topic in DeFi.

🚨 🚨 🚨 🚨 🚨 🚨 135,000,000 $USDT (134,951,400 USD) transferred from unknown wallet to #Spark whale-alert.io/tx/ethereum/0…

Market waking up to the advantages of our USDT product. Few things feel as good as watching a scalable product, powered by Spark's unique access, grow and provide the best liquid, risk-adjusted yield in the industry. There are two key reasons why Spark Savings USDT is the best in the industry: First, Spark operates in a generalised allocation structure, which we've built and optimised for many years now, and within governance-approved venues is able to programmatically rotate between them to get the best risk-adjusted opportunities wherever they are. Second, it does not suffer from the inefficiencies of being stuck running a simple onchain lending market, which in an attempt to diversify from crypto leverage demand they have now mixed tokenised financial instruments with blue chip crypto assets in the same pool, exposing stablecoin lenders to new tail events. A decent part of Spark Savings USDT backing is in SparkLend (~291M), which operates as overcollateralised blue chip crypto lending and is meant to be a way to capture the market's premium while it exists (and move away from it when it doesn't). Spark has strong governance controls and is incapable of updating the investment mandate without it, alongside a timelock. For institutional allocators, removing this trust layer is key. The industry is definitely getting more sophisticated and starting to weigh liquidity, risk and returns instead of optimistically trusting a brand. 722,000,000 now. 1,000,000,000 soon Ad astra.

WALLET MOVES 150M $USDT FROM @aave TO SPARK SAVINGS The Oct. 5–6 moves coincided with double-digit borrowing rates. On Oct. 8, @aave’s $USDT reserve had $169.54 million available for withdrawals against $2.71 billion supplied. Read more here: thedefiant.io/news/defi/wall…

Sam MacPherson (@hexonaut) of Spark (@sparkfinance) sees onchain FX as the key piece as banks, fintechs and exchanges launch their own stablecoins. His view: users holding different stablecoins need to pay each other, and blockchain rails connect those silos. Watch the fireside chat with Petr Hluze (@PetrHluze) of Nammu Capital.