Safe (SAFE)

Safe's quarterly report is live.

TLDR;
Safe put up a record quarter in a market most people called bearish.

→ $6.8B in stablecoins secured in Safe, roughly 2% of global stablecoin supply.

→ 61.1M smart accounts now deployed, with 2.21M net new in Q1 alone.

→ 50.9M transactions in March, our biggest month yet.

Read all about it ↓
https://t.co/Wa58QCm22V

For JP, the most important announcement from EthCC wasn't Aave V4 or the Ethereum Economic Zone. It was Safenet — and the reason starts with $3.4 BILLION in crypto theft in 2025.

Bybit’s hack saw $1.5B gone because attackers compromised the UI and signers approved the fraud themselves. The industry built better warnings (simulation tools, banners, previews) but when the interface is compromised, warnings are worthless.

Because the main attack surface in 2026 isn't code. It's people.

Safenet moves the security check INTO the execution path:

> Before any Safe transaction executes, a decentralized network of validators checks it against a set of security rules. If it doesn't pass, it doesn't go through.

> At launch, there are five rules: each one designed to block the specific types of vulnerabilities that made the Bybit hack possible.

> Six founding validators (incl. Gnosis, Blockchain Capital, and Safe Labs) each stake a minimum of 3.5M SAFE to participate. The system is designed to function correctly e