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RampMeDaddy Turns Telegram Into Your Memecoin Wallet

In the crowded world of crypto startups, standing out often requires a dash of audacity. Enter RampMeDaddy, a name that echoes the bold branding of domain registrar GoDaddy, while promising something entirely different: seamless crypto transactions via Telegram.
What began as a hackathon project at Consensus 2024 has evolved into the first Telegram-native memecoin wallet, aiming to eventually make cryptocurrency transfers as simple as sending a text message (if you’d like to apply for the EasyA Hackathon at Consensus Hong Kong 2025, please go here).
Co-founders Andrey Chabanov and Trevor Hoffman aren’t newcomers to the digital assets space. The duo previously worked as executives at iTrust Capital, a crypto IRA provider that they helped scale into a $1.3 billion company. RampMeDaddy, however, represents a dramatic shift in the type of users served. Moving from cautious retirement planners to the volatile world of memecoin traders could well test the duo’s expertise in risk management and user protection.
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Their solution leverages Telegram’s massive global user base — over one billion strong — that is particularly crypto-savvy. According to Hoffman, approximately 84% of crypto users maintain active Telegram accounts, making it an ideal launchpad for their peer-to-peer payment solution. The wallet enables users to buy, sell and trade memecoins while facilitating cross-border transactions using USDC on the Stellar blockchain.
«When you leave the U.S., payments become much more complex,» explains Chabanov. «Through Stellar anchors, we can facilitate on- and off-ramping in over 100 countries, making payments truly borderless.» The team chose Stellar for its speed, low transaction costs and extensive anchor network, all of which align with their mission to democratize finance.
Security remains paramount, with the wallet incorporating biometric authentication and local key storage. Users can access their funds through Face ID or fingerprint verification, eliminating the need for seed phrase management. In case of device loss, a Web2-style recovery process enables wallet restoration via email verification.
Since winning the hackathon, RampMeDaddy has secured partnerships with the Stellar Foundation and Draper U Ventures, expanding their initial vision beyond simple crypto on-ramping. The seven-person team, which includes a former BNY Mellon compliance executive, is preparing to launch its wallet in January alongside a Telegram mini-game to drive user awareness.
Looking ahead, Chabanov and Hoffman envision RampMeDaddy becoming the leading digital wallet for global, borderless payments. «In five to ten years, we aim to be a one-stop shop for digital identity and payments, all within Telegram and beyond,» Chabanov said. The team also plans to expand horizontally by integrating with multiple chains and DEXs, giving users early access to memecoins while maintaining their core focus on simplified peer-to-peer transactions.
«When you’re far from home, cash is still king. But in our world, Daddy’s got a better way to pay,» says Chabanov. With Telegram’s billion-plus users and crypto’s borderless promise, RampMeDaddy’s irreverent approach to traditional fintech might just be crazy enough to work.
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Coinbase Outpaces S&P 500 With 43% June Rise as Stablecoin Narrative Grows: CNBC

Shares of Nasdaq-listed cryptocurrency exchange Coinbase (COIN) rose 43% this month, making the firm the top performer in the S&P 500 since it joined the index at the end of last month.
June’s run is already the stock’s best since November and caps three straight monthly gains. Coinbase’s shares reached their highest level since their public debut.
COIN hit a $382 high this week before enduring a slight correction, ending the week at $353 and seeing a slight 0.7% drop in after-hours trading to $351.
The wider S&P 500 index rose roughly 5% in June as geopolitical tensions eased.
Washington’s progress on the GENIUS Act, Congress’s first rulebook for dollar-pegged stablecoins, helped shift investor focus from trading fees to stablecoin revenue.
The bill brightened the outlook for Circle, whose shares hit a record high and saw its market cap near that of Coinbase this week.
Coinbase keeps all yield on USDC balances held on its platform and nearly half of other USDC income, equal to about 99 percent of Circle’s revenue, giving shareholders indirect exposure at no added cost, CNBC reported Friday, citing analysts including Citizens’ head of financial technology research Devin Ryan.
Trading, however, remains subdued. Average daily volume on Coinbase has drifted lower since April.
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Robinhood Launches Micro Bitcoin, Solana and XRP Futures Contracts

Robinhood (HOOD) has introduced micro futures on bitcoin (BTC), solana (SOL) and XRP in the United States., expanding its existing crypto futures offering for its nearly 26 million funded accounts.
Micro contracts need far less collateral than full-size futures, letting traders take directional positions while committing a smaller slice of capital.
The contracts offer traders more flexibility to bet on a cryptocurrency’s future price direction or hedge current positions given their smaller size.
The launch rounds out a futures suite that began with BTC and ETH in January. It also comes weeks after the firm closed its $200 million purchase of Bitstamp and finalized a $179 million deal for Canada’s WonderFi.
Robinhood’s data shows that crypto notional volumes have exploded upward over time, reaching $11.7 billion in May. The figure marks a 36% rise month-over-month, and a 65% growth year-over-year.
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Why is XRP Up Today? Trio of Catalysts Sees Token Outperform Wider Crypto Market

XRP climbed 5.5% to $2.19 in the last 24 hours after a trio of catalysts converged to help the cryptocurrency outperform the wider cryptocurrency market.
One of the catalysts was launch of XRP micro futures on Robinhood. The contracts offer traders more flexibility to bet on the cryptocurrency’s future price direction or hedge current positions given their smaller size.
Regulatory fog also thinned. On Friday, Ripple withdrew its cross-appeal in its long-running U.S. Securities and Exchange Commission (SEC) lawsuit. The SEC sued Ripple back in 2020 over its XRP sales, alleging these violated securities laws. The SEC is expected to drop its own appeal, leaving last year’s ruling, ordering Ripple to pay a $125 million civil penalty to the SEC, intact. The move could lift a lid that had kept some investors on the sidelines.
On-chain data rounded out the bullish setup. The XRP Ledger logged over a 1.1 million active addresses over the past week according to crypto analyst Ali Martinez, who cited Glassnode data.
XRP’s rise saw it outperform the wider crypto market, with the broader CoinDesk 20 (CD20) index rising 1.7% in the last 24 hours.
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