Date: November 20, 2025 at 1:30pm ET
Hosted by: Host: Alex Miller, Stacks Labs CEO; Co-host: Brandon – Community Growth at Stacks Labs
Duration: ~40 minutes
Recording: https://x.com/i/spaces/1eaKbjmZjWQKX?s=20
1. Agenda Overview
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Welcome & Core Announcements
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USDC / X-Reserve Updates
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Developer & Ecosystem Updates
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Operational / Grants / Hiring Updates
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Q&A, Next Steps
2. Key Meeting Highlights
Core Announcements
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Circle X-Reserve USDC: Launching in the next few weeks. Migration from aUSDC/Allbridge is planned; Allbridge will be deprecated. Liquidity will be seeded on Stacks DEXes for STX↔USDC swaps.
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WalletConnect Integration: Live for builders, enabling broader dApp connectivity.
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Chainhook 2.0 (Hiro): Rebuilt for speed, stability, and usability. Start_block/lookback removed; hooks now begin at enable. Documentation needs clarification; potential “single-block lookback” discussed.
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Institutional Stacking: Test deployments underway. Strong interest in BTC yield, though market caution remains.
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Privacy / Selective Disclosure: Research ongoing, focusing on compliant selective privacy (not a mixer).
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Endowment / Financials: Flexible design; first financial report expected early next year. CIO hiring is open.
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CMO Search (Stacks Labs): Interviews ongoing; targeting a crypto-native candidate by year-end or early January.
USDC / X-Reserve Updates
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Bridging: Via Ethereum (~15 minutes for ~80 confirmations), then instant on Stacks. Future Solana/L2 options planned.
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On-Chain Swaps: STX↔USDC swaps on DEXes (e.g., Bitflow) are instant.
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Liquidity Migration: Ecosystem apps expected to adopt Circle USDC to avoid splits.
Developer & Ecosystem Updates
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Hacker House / DevConnect: WalletConnect buzz and Chainhook 2.0 alpha/beta received positive feedback. Content and interviews with all hackers coming soon.
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X-402 + sBTC: Hacker House project integrating X-402 for agentic payments; not Labs-led yet.
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Babylon Dual-Staking: Minimal impact on Stacks; exploring models that preserve BTC ownership while maintaining network value.
Operational / Grants / Hiring Updates
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Grants: interim grants funding is going out; main grants timeline mostly on track. Alex to confirm with Endowment team given token price dynamics.
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Office Hours Cadence: Moving to monthly sessions, hosted via Stacks Labs account.
Key Speakers Insights
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@alexlmiller (@alexlmiller): Updates on X-Reserve, WalletConnect, Chainhook 2.0, bridging, DEX swaps, institutional stacking, privacy research, Endowment & CIO hiring, grants, and office hours cadence.
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@brandon (@marshallmixing**):** Co-host; guided discussion; highlighted Hacker House / DevConnect updates; discussed X-402 integration; wrapped logistics.
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Trip (@tripnm0nkey): Raised Chainhook 2.0 lookback concern; suggested potential single-block solution.
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Resh (@Sureshsinghn): Questions on bridging speed, instant swaps, and grants timing.
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PepToshi (@MarkKilaghbian): Inquiries on X-402 + sBTC integration and agentic payments.
Things to Celebrate
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Upcoming X-Reserve USDC launch and Allbridge migration.
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WalletConnect integration live for builders.
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Positive Hacker House / DevConnect feedback on Chainhook 2.0 and X-402 initiatives.
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Interim grants flowing; main grants timeline mostly on track.
Call to Action
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Builders: Integrate WalletConnect and try instant STX↔USDC swaps on DEXes (e.g., Bitflow); provide feedback to help improve developer tools.
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Ecosystem / Hacker Participants: Share updates, demos, or insights from Hacker House / DevConnect projects to help the community learn and grow.
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Grants & Endowment Participants: Track Circle USDC adoption and coordinate with Alex or the Treasury Committee on grants, approvals, or liquidity updates.