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We sat down with Matt Hougan at Breakpoint to talk about what happens when Wall Street finally starts to pay attention to stablecoins. Almost no one in traditional finance cared until the GENIUS Act. Now the Treasury Secretary is projecting a market repricing to $3.7 trillion. The question institutions...

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Stabledash

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28,855 次观看 • 5 个月前 •via X (Twitter)

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🚨 Tom Lee: "Wall Street is about to build their entire infrastructure on the blockchain and the blockchain they’ve chosen is Ethereum" Here's why: - Ethereum has been 100% reliable since day one, zero downtime since inception - Layer 2s on Ethereum are scaling and catching the attention of finance + tech at the same time - Stablecoins = the “ChatGPT moment”, the vast majority are minted on Ethereum - The GENIUS Act has greenlit the stablecoin boom - Banks are now building stablecoin products directly on Ethereum - Stablecoin market could explode to $4 TRILLION - Wall Street is capitalizing tokenizing the entire world, and that’s a huge opportunity for Ethereum This isn’t a side bet This is Ethereum becoming the backbone of global finance $ETH is inevitable 🔥
2:17

🚨 Tom Lee: "Wall Street is about to build their entire infrastructure on the blockchain and the blockchain they’ve chosen is Ethereum" Here's why: - Ethereum has been 100% reliable since day one, zero downtime since inception - Layer 2s on Ethereum are scaling and catching the attention of finance + tech at the same time - Stablecoins = the “ChatGPT moment”, the vast majority are minted on Ethereum - The GENIUS Act has greenlit the stablecoin boom - Banks are now building stablecoin products directly on Ethereum - Stablecoin market could explode to $4 TRILLION - Wall Street is capitalizing tokenizing the entire world, and that’s a huge opportunity for Ethereum This isn’t a side bet This is Ethereum becoming the backbone of global finance $ETH is inevitable 🔥

Crypto-Gucci.eth ᵍᵐ🦇🔊

58,185 次观看 • 10 个月前

NEW EP: How the Genius Act Could Change the Dollar Forever With Sam Kazemian & Stani Kulechov Stablecoins are just 1.1% of US Dollars today. That’s about to change. In today's episode of Mammoth May🦣, robbie sits down with Aave founder Stani.eth & Frax Finance ¤⛓️¤ founder sam.frax to discuss: > The Genius Act & Legal M1 Stablecoins > Why Banks Hate This Bill > Frax’s Pivot to Digital Dollar Infrastructure > Aave V4 & the Future of Onchain Credit > Why RWAs will Eclipse Crypto & Stables > Sam’s Stablecoin x AI Thesis Full episode links below. Timestamps: 00:00 Intro 01:17 Magic Ad 01:33 Massive Stablecoin Adoption 09:01 Stablecoins vs the US Dollar 18:53 Stablecoins, RWAs, Security Tokens 26:15 Big Banks Launching Stablecoin 30:28 Mantle Ad 31:09 Extending US Dollar Credit 37:38 Genius Act Reactions 46:30 Frax’s L2 to L1 Transition 59:44 AAVE V4 Proposal
58:07

NEW EP: How the Genius Act Could Change the Dollar Forever With Sam Kazemian & Stani Kulechov Stablecoins are just 1.1% of US Dollars today. That’s about to change. In today's episode of Mammoth May🦣, robbie sits down with Aave founder Stani.eth & Frax Finance ¤⛓️¤ founder sam.frax to discuss: > The Genius Act & Legal M1 Stablecoins > Why Banks Hate This Bill > Frax’s Pivot to Digital Dollar Infrastructure > Aave V4 & the Future of Onchain Credit > Why RWAs will Eclipse Crypto & Stables > Sam’s Stablecoin x AI Thesis Full episode links below. Timestamps: 00:00 Intro 01:17 Magic Ad 01:33 Massive Stablecoin Adoption 09:01 Stablecoins vs the US Dollar 18:53 Stablecoins, RWAs, Security Tokens 26:15 Big Banks Launching Stablecoin 30:28 Mantle Ad 31:09 Extending US Dollar Credit 37:38 Genius Act Reactions 46:30 Frax’s L2 to L1 Transition 59:44 AAVE V4 Proposal

The Rollup

34,143 次观看 • 1 年前

.Charles Yoo-Naut (🌧️,🌧️) is one of the most quietly consequential founders in not just onchain finance, but fintech as a whole. He and farooq 🌧 started building Rain in 2021, before the GENIUS Act, before stablecoin legislation was even a conversation, when the industry was still debating whether crypto had real use cases at all. Rain was built on a belief that every financial product will eventually run on stablecoin rails, and that cards are the bridge to get there. Charles rebuilt the modern money stack from the ground up, powered by stablecoins. Today Rain processes over $3 billion a year in card volume, having raised over $300 million in three rounds across 12 months, hitting a $1.95 billion valuation. Charles sat down with Drew Rogers in San Francisco to discuss: - What it actually looks like when stablecoins settle end to end on Visa rails - Why Rain's biggest customers are companies that didn't exist two years ago - The moment cross-border payments stop needing banks in the middle - What happens when agents start making purchases, and who is liable - How a 95-person company avoids the Block trap of hiring 8,000 - Why the line between a card payment and a stablecoin payment is about to disappear - What it feels like to become a dad while scaling a company at this pace Timestamps: 02:29 - $250M Series C, $1.95B valuation 03:40 - The conviction that started four years early 06:08 - $3B annualized card volume 08:33 - USDC settlement with Visa 12:33 - From "Ramp for DAOs" to the full TAM 14:36 - Western Union and the stablecoin sandwich 21:36 - 17 days to go live 26:15 - "I don't know if I could be an AI founder right now" 33:50 - Stablecoins passing cardholder to merchant 44:01 - Microtransactions and content paywalls 46:33 - Becoming a dad Presented by Altitude
48:00

.Charles Yoo-Naut (🌧️,🌧️) is one of the most quietly consequential founders in not just onchain finance, but fintech as a whole. He and farooq 🌧 started building Rain in 2021, before the GENIUS Act, before stablecoin legislation was even a conversation, when the industry was still debating whether crypto had real use cases at all. Rain was built on a belief that every financial product will eventually run on stablecoin rails, and that cards are the bridge to get there. Charles rebuilt the modern money stack from the ground up, powered by stablecoins. Today Rain processes over $3 billion a year in card volume, having raised over $300 million in three rounds across 12 months, hitting a $1.95 billion valuation. Charles sat down with Drew Rogers in San Francisco to discuss: - What it actually looks like when stablecoins settle end to end on Visa rails - Why Rain's biggest customers are companies that didn't exist two years ago - The moment cross-border payments stop needing banks in the middle - What happens when agents start making purchases, and who is liable - How a 95-person company avoids the Block trap of hiring 8,000 - Why the line between a card payment and a stablecoin payment is about to disappear - What it feels like to become a dad while scaling a company at this pace Timestamps: 02:29 - $250M Series C, $1.95B valuation 03:40 - The conviction that started four years early 06:08 - $3B annualized card volume 08:33 - USDC settlement with Visa 12:33 - From "Ramp for DAOs" to the full TAM 14:36 - Western Union and the stablecoin sandwich 21:36 - 17 days to go live 26:15 - "I don't know if I could be an AI founder right now" 33:50 - Stablecoins passing cardholder to merchant 44:01 - Microtransactions and content paywalls 46:33 - Becoming a dad Presented by Altitude

Stabledash

23,379 次观看 • 3 个月前

The future of US crypto regulation is being written right now. Alenka and kaisa sat down with one of the people helping shape it – Adrian Wall, Head of US Policy at TRON DAO and Managing Director at Digital Sovereignty Alliance (DSA). Inside: 🔹 The real chances of CLARITY Act passing this year. 🔹 What GENIUS Act changed for stablecoins. 🔹 Why has stablecoin yield become such a contentious issue. 🔹 What banks are still worried about. 🔹 TRON’s role in shaping regulation. New episode of Onchain, Honestly! 👇
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Alea Research

33,541 次观看 • 5 天前

I sat down with Matt Hougan, CIO of @BitwiseInvest, the firm managing $15 billion in crypto assets. He told me the 4-year cycle is self-fulfilling. That Bitcoin holders sold in anticipation of the crash and created it themselves. "You haven't seen anything yet. This is the pregame. The game hasn't started yet." Very pleased to have Matt on New Era Finance Podcast. TIMESTAMPS: 0:00 Introduction 0:38 Why Bitcoin really collapsed 5:16 Paper Bitcoin vs physical demand 7:44 Gold stole Bitcoin's spotlight 9:44 Why gold's rally is actually bullish for Bitcoin 11:40 The 4-year cycle is dead — here's the data 15:07 How institutions invest differently 15:55 Institutions are licking their chops 17:19 Why central banks bought gold (and will buy Bitcoin) 20:52 Stablecoins will onboard billions 24:47 What Trump actually delivered for crypto 28:55 The Genius Act: "You haven't seen anything yet" 30:13 Will the Clarity Act pass? 32:09 Quantum FUD is slowing institutions 36:59 Every AI scenario leads back to Bitcoin 41:03 What will drag us out of this crypto winter 44:30 Is the market undervaluing Ethereum? 47:43 The Mount Rushmore of crypto: BTC, ETH, SOL, LINK 51:14 Best advice for a 25-year-old investor 52:55 How to stay sane in a bear market
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I sat down with Matt Hougan, CIO of @BitwiseInvest, the firm managing $15 billion in crypto assets. He told me the 4-year cycle is self-fulfilling. That Bitcoin holders sold in anticipation of the crash and created it themselves. "You haven't seen anything yet. This is the pregame. The game hasn't started yet." Very pleased to have Matt on New Era Finance Podcast. TIMESTAMPS: 0:00 Introduction 0:38 Why Bitcoin really collapsed 5:16 Paper Bitcoin vs physical demand 7:44 Gold stole Bitcoin's spotlight 9:44 Why gold's rally is actually bullish for Bitcoin 11:40 The 4-year cycle is dead — here's the data 15:07 How institutions invest differently 15:55 Institutions are licking their chops 17:19 Why central banks bought gold (and will buy Bitcoin) 20:52 Stablecoins will onboard billions 24:47 What Trump actually delivered for crypto 28:55 The Genius Act: "You haven't seen anything yet" 30:13 Will the Clarity Act pass? 32:09 Quantum FUD is slowing institutions 36:59 Every AI scenario leads back to Bitcoin 41:03 What will drag us out of this crypto winter 44:30 Is the market undervaluing Ethereum? 47:43 The Mount Rushmore of crypto: BTC, ETH, SOL, LINK 51:14 Best advice for a 25-year-old investor 52:55 How to stay sane in a bear market

Michaël van de Poppe

189,980 次观看 • 4 个月前

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1:12:22

E179: Mert Mumtaz - $SOL at $8. zcash:native at $18. The framework that caught both, and the next potential gem I sat down for the 3rd time with mert the CoFounder of Solana and the CEO of Zcash 🛡️ for a banger episode where we cut through the noise, understand the thesis for Solana and $SOL in 2026, why zcash:native is the last 100x in the large caps and why $NEAR might be the next $SOL at $8 and zcash:native at $18 Timestamps 0:00 Introduction 4:05 Dating On Zero Sleep: Mert's Relationship Secret 7:30 The X Growth Hack That 6x'd His Following 8:51 Partnerships: Piero Negrini @BitwiseInvest 9:44 $SOL Crashed To $8... Then Everything Changed 15:48 Solana's Secret Leadership Shakeup 18:22 The Two Laws That Future-Proof Solana 25:47 Why Solana Wins By Default 28:05 Why Traders Are Blind To Solana 30:38 Partnerships: KAST Trezor 31:43 One of Mert's Big Bets: Solana In 2026 36:42 How Solana Becomes The New Wall Street 42:45 The Countdown To Solana's Big Upgrade 44:23 Is Solana Actually Back? 47:31 Partnerships: Jupiter Ethena 48:14 The Zcash "Scandal" That Wasn't 55:39 AI Is Coming For DeFi's Bugs 59:24 zcash:native 's 20X Case or more, Explained 1:04:40 NEAR Protocol : The Dark Horse Mert Is Watching 1:09:32 Closing Thoughts

MR SHIFT 🦁

85,897 次观看 • 3 天前

"We spent a decade terrified the government would build a coin to spy on us with a CBDC. Instead we built it ourselves, handed a copy to Visa and Tether, and called it Freedom" "The Fed, Treasury, OCC, FDIC, and FinCEN are jointly proposing a rule requiring US stablecoin issuers to identify customers like banks. Full Bank Secrecy Act treatment. They'll know exactly who uses a stablecoin with full KYC and AML, what they did with it, and get full transparency into your wallet" "We didn't dodge the surveillance state, we basically franchised it. Chris Giancarlo said with the Genius Act we got the worst. We got both surveillance by stablecoin operators, which is not prevented, and surveillance by government through the Bank Secrecy Act. The word privacy doesn't even appear in the Genius Act" "We've feared a CBDC, railed against China and the ECB for trying to create them. What we actually did with the Genius Act was give private companies complete transparency into everything we do, and they have to hand that to the government. Right now stablecoins are more dystopian and more like a central bank digital currency"
2:55

"We spent a decade terrified the government would build a coin to spy on us with a CBDC. Instead we built it ourselves, handed a copy to Visa and Tether, and called it Freedom" "The Fed, Treasury, OCC, FDIC, and FinCEN are jointly proposing a rule requiring US stablecoin issuers to identify customers like banks. Full Bank Secrecy Act treatment. They'll know exactly who uses a stablecoin with full KYC and AML, what they did with it, and get full transparency into your wallet" "We didn't dodge the surveillance state, we basically franchised it. Chris Giancarlo said with the Genius Act we got the worst. We got both surveillance by stablecoin operators, which is not prevented, and surveillance by government through the Bank Secrecy Act. The word privacy doesn't even appear in the Genius Act" "We've feared a CBDC, railed against China and the ECB for trying to create them. What we actually did with the Genius Act was give private companies complete transparency into everything we do, and they have to hand that to the government. Right now stablecoins are more dystopian and more like a central bank digital currency"

The Wolf Of All Streets

18,142 次观看 • 1 个月前

$315 BILLION in stablecoins are now backed by US Treasuries. And I don't understand why no one's questioning this. Goldman's David Solomon and former Treasury Secretary Steve Mnuchin just did a victory lap on stablecoins. Their pitch: Stablecoins strengthen the dollar, create demand for Treasuries, make it easier for people outside the United States to hold dollars. Sounds great. Until you look at what's actually happening underneath... The GENIUS Act passed in July 2025. First federal stablecoin framework in US history. Stablecoin market cap has grown 50% year over year. Tether alone holds $141 billion in US Treasuries, making it one of the largest holders of American government debt on the planet. Washington's pitch is simple: every time someone in Argentina, Turkey, or Nigeria buys USDT, they're buying Treasuries by proxy. Dollar dominance strengthened. Problem solved. And here's the part they REALLY love... The US ran an $1.8 trillion deficit in fiscal 2025. CBO projects $1.9 trillion this year. National debt just crossed $39 trillion. Interest payments alone now exceed $1 trillion annually. Meanwhile, the biggest foreign buyers of Treasuries (China, Japan, Canada) have been pulling back for years. ARK Invest found that the share of Treasuries held by the largest foreign creditors dropped from 23% to just over 6% in the past 13 years. The Fed is STILL running down its balance sheet. So who's going to buy all this debt? Washington's answer: stablecoin issuers. Treasury Secretary Bessent said it himself: "A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries and help rein in the national debt." Think about what that actually means. The government is counting on a $315 billion crypto product (run largely by a company in El Salvador that just got its first real audit last week) to help finance a $1.9 TRILLION annual deficit. Stablecoin issuers currently hold less than 2% of outstanding Treasury bills. Even if the market hits $2 trillion by 2028 like Standard Chartered projects, that's still just a rounding error against $39 trillion in total debt. This is literally a NARRATIVE designed to make the debt problem sound manageable. But the Federal Reserve published a study showing that for every $1 that moves from bank deposits into stablecoins, bank lending contracts by roughly 50 cents. Stablecoin issuers can't make loans. The GENIUS Act prohibits it. They can ONLY hold Treasuries, reverse repos, and cash equivalents. So when deposits leave banks and flow into stablecoins, that money stops funding mortgages, small business loans, and commercial credit. It starts funding government debt instead. The US Treasury itself estimated stablecoins could drain up to $6.6 TRILLION from the banking system. That's not "strengthening the dollar." That's redirecting the lifeblood of the real economy into government IOUs while starving Main Street of credit. And then there's the run risk nobody wants to discuss. Fed Governor Michael Barr said it yesterday: Stablecoin issuers have every incentive to chase higher returns on their reserves. But unlike banks, they CANNOT access the Fed's discount window. If a stablecoin run happens, issuers dump Treasuries into the market all at once. Stablecoin inflows push Treasury yields down 2-2.5 basis points. Outflows spike yields UP 6-8 basis points. Easy in. Ugly out. Meanwhile, Tether is the 800-pound gorilla. $185 billion in circulation. 550 million users. And until last week, it had never had a Big Four audit. It just hired KPMG after 12 years of operating with nothing but quarterly attestations. This is the entity Wall Street is celebrating as the future of dollar dominance. A company headquartered in El Salvador that fought transparency in court twice and LOST both times. Here's what Solomon and Mnuchin are actually telling you if you listen carefully: Stablecoins create captive demand for short-term US government debt. Foreign governments don't want to hold Treasuries anymore. So Washington's solution is to get 550 million retail users in emerging markets to hold them instead through a digital wrapper called a "stablecoin." The holders get zero interest. The GENIUS Act explicitly prohibits it. The issuers pocket the Treasury returns. Tether made $10 billion in profit last year. And the real economy loses credit while the government gets cheaper funding. This is a classic Wall Street pitch to sell financial innovation as progress: "This strengthens the system. This is good for everyone." Then the leverage builds, the risks concentrate, and the people who sold you on it are nowhere to be found when it unwinds. Stablecoins are NOT saving the dollar. They're a $315 billion shadow money market fund with no Fed backstop, no deposit insurance, and run dynamics that could destabilize the very Treasury market they're supposed to support. If you want to hold dollars, hold dollars. If you want to own the asset that central banks are actually buying instead of Treasuries, you already know what that is... 🥇
1:23

$315 BILLION in stablecoins are now backed by US Treasuries. And I don't understand why no one's questioning this. Goldman's David Solomon and former Treasury Secretary Steve Mnuchin just did a victory lap on stablecoins. Their pitch: Stablecoins strengthen the dollar, create demand for Treasuries, make it easier for people outside the United States to hold dollars. Sounds great. Until you look at what's actually happening underneath... The GENIUS Act passed in July 2025. First federal stablecoin framework in US history. Stablecoin market cap has grown 50% year over year. Tether alone holds $141 billion in US Treasuries, making it one of the largest holders of American government debt on the planet. Washington's pitch is simple: every time someone in Argentina, Turkey, or Nigeria buys USDT, they're buying Treasuries by proxy. Dollar dominance strengthened. Problem solved. And here's the part they REALLY love... The US ran an $1.8 trillion deficit in fiscal 2025. CBO projects $1.9 trillion this year. National debt just crossed $39 trillion. Interest payments alone now exceed $1 trillion annually. Meanwhile, the biggest foreign buyers of Treasuries (China, Japan, Canada) have been pulling back for years. ARK Invest found that the share of Treasuries held by the largest foreign creditors dropped from 23% to just over 6% in the past 13 years. The Fed is STILL running down its balance sheet. So who's going to buy all this debt? Washington's answer: stablecoin issuers. Treasury Secretary Bessent said it himself: "A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries and help rein in the national debt." Think about what that actually means. The government is counting on a $315 billion crypto product (run largely by a company in El Salvador that just got its first real audit last week) to help finance a $1.9 TRILLION annual deficit. Stablecoin issuers currently hold less than 2% of outstanding Treasury bills. Even if the market hits $2 trillion by 2028 like Standard Chartered projects, that's still just a rounding error against $39 trillion in total debt. This is literally a NARRATIVE designed to make the debt problem sound manageable. But the Federal Reserve published a study showing that for every $1 that moves from bank deposits into stablecoins, bank lending contracts by roughly 50 cents. Stablecoin issuers can't make loans. The GENIUS Act prohibits it. They can ONLY hold Treasuries, reverse repos, and cash equivalents. So when deposits leave banks and flow into stablecoins, that money stops funding mortgages, small business loans, and commercial credit. It starts funding government debt instead. The US Treasury itself estimated stablecoins could drain up to $6.6 TRILLION from the banking system. That's not "strengthening the dollar." That's redirecting the lifeblood of the real economy into government IOUs while starving Main Street of credit. And then there's the run risk nobody wants to discuss. Fed Governor Michael Barr said it yesterday: Stablecoin issuers have every incentive to chase higher returns on their reserves. But unlike banks, they CANNOT access the Fed's discount window. If a stablecoin run happens, issuers dump Treasuries into the market all at once. Stablecoin inflows push Treasury yields down 2-2.5 basis points. Outflows spike yields UP 6-8 basis points. Easy in. Ugly out. Meanwhile, Tether is the 800-pound gorilla. $185 billion in circulation. 550 million users. And until last week, it had never had a Big Four audit. It just hired KPMG after 12 years of operating with nothing but quarterly attestations. This is the entity Wall Street is celebrating as the future of dollar dominance. A company headquartered in El Salvador that fought transparency in court twice and LOST both times. Here's what Solomon and Mnuchin are actually telling you if you listen carefully: Stablecoins create captive demand for short-term US government debt. Foreign governments don't want to hold Treasuries anymore. So Washington's solution is to get 550 million retail users in emerging markets to hold them instead through a digital wrapper called a "stablecoin." The holders get zero interest. The GENIUS Act explicitly prohibits it. The issuers pocket the Treasury returns. Tether made $10 billion in profit last year. And the real economy loses credit while the government gets cheaper funding. This is a classic Wall Street pitch to sell financial innovation as progress: "This strengthens the system. This is good for everyone." Then the leverage builds, the risks concentrate, and the people who sold you on it are nowhere to be found when it unwinds. Stablecoins are NOT saving the dollar. They're a $315 billion shadow money market fund with no Fed backstop, no deposit insurance, and run dynamics that could destabilize the very Treasury market they're supposed to support. If you want to hold dollars, hold dollars. If you want to own the asset that central banks are actually buying instead of Treasuries, you already know what that is... 🥇

George Noble

90,727 次观看 • 3 个月前

"Tokenized assets are exploding in value." Ian de Bode is President Ondo Finance, the company bringing US treasuries, stocks, and ETFs on-chain. He watched tokenized treasuries grow from $1 billion to $15 billion in two years. The man building the rails between Wall Street and crypto now says the two systems are about to merge and traditional finance isn't ready. "You should prepare for a world in which tokenized securities co-exist with normal securities. So get ready." We cover: Why tokenized assets exploded from $1B to $15B and aren't slowing down How every crypto exchange became a stock broker overnight Why Tesla and Google don't care about tokenizing their stock (and why that doesn't matter) How every token is backed 1:1 with daily third-party attestations Why tokenized stocks work like stablecoins: your wallet, no permissions, 24/7 How hedge fund leverage loops and carry trades come to DeFi Why perps on stocks could become a bigger market than all of crypto The road to markets that never close and who moves first What the Genius Act and Clarity Act actually signal Thanks to Ian De Bode for coming on New Era Finance Podcast. TIMESTAMPS: 00:00 - Intro 00:50 - Tokenized Assets Explode To $15 Billion 02:40 - Where The Demand Comes From 04:30 - Native Tokenization vs Permissionless Wrappers 07:20 - How Every Token Is Backed 10:00 - Using Tokenized Stocks In DeFi 13:30 - Leverage, Collateral & Capital Efficiency 17:00 - Perps On Stocks: Bigger Than Crypto 21:00 - The Road To 24/7 Markets 24:30 - Genius Act, Clarity Act & What's Next
27:09

"Tokenized assets are exploding in value." Ian de Bode is President Ondo Finance, the company bringing US treasuries, stocks, and ETFs on-chain. He watched tokenized treasuries grow from $1 billion to $15 billion in two years. The man building the rails between Wall Street and crypto now says the two systems are about to merge and traditional finance isn't ready. "You should prepare for a world in which tokenized securities co-exist with normal securities. So get ready." We cover: Why tokenized assets exploded from $1B to $15B and aren't slowing down How every crypto exchange became a stock broker overnight Why Tesla and Google don't care about tokenizing their stock (and why that doesn't matter) How every token is backed 1:1 with daily third-party attestations Why tokenized stocks work like stablecoins: your wallet, no permissions, 24/7 How hedge fund leverage loops and carry trades come to DeFi Why perps on stocks could become a bigger market than all of crypto The road to markets that never close and who moves first What the Genius Act and Clarity Act actually signal Thanks to Ian De Bode for coming on New Era Finance Podcast. TIMESTAMPS: 00:00 - Intro 00:50 - Tokenized Assets Explode To $15 Billion 02:40 - Where The Demand Comes From 04:30 - Native Tokenization vs Permissionless Wrappers 07:20 - How Every Token Is Backed 10:00 - Using Tokenized Stocks In DeFi 13:30 - Leverage, Collateral & Capital Efficiency 17:00 - Perps On Stocks: Bigger Than Crypto 21:00 - The Road To 24/7 Markets 24:30 - Genius Act, Clarity Act & What's Next

New Era Finance Podcast

56,237 次观看 • 1 个月前

The third co-founder has stepped away from Polygon. We know there’s a lot of buzz and questions, so we connected with Aishwary (Global head of payments & RWA) from Polygon to address all the concerns and bring you the full picture. 04:00 - 3rd co-founder exit from Polygon. 15:30 - Objective behind Matic to Pol? 21:28 - What is AggLayer, and how is it going to help the polygon? 30:08 - In which sector is Polygon leading compared to other blockchains? 38:37 - How stablecoin GENIUS Act going to help Ethereum and Polygon? 55:08 - A message for polygon token holders.
59:39

The third co-founder has stepped away from Polygon. We know there’s a lot of buzz and questions, so we connected with Aishwary (Global head of payments & RWA) from Polygon to address all the concerns and bring you the full picture. 04:00 - 3rd co-founder exit from Polygon. 15:30 - Objective behind Matic to Pol? 21:28 - What is AggLayer, and how is it going to help the polygon? 30:08 - In which sector is Polygon leading compared to other blockchains? 38:37 - How stablecoin GENIUS Act going to help Ethereum and Polygon? 55:08 - A message for polygon token holders.

Kashif Raza

14,052 次观看 • 1 年前

LIVE NOW -- Why is ETH Down So Bad this Cycle? | Kyle Samani SOL/ETH is up 300% YoY, and ETH/BTC is down 50% over the last 2 years. Why is ETH underperforming so bad? Kyle Samani is the Managing Partner & Co-Founder at . Kyle and Multicoin are among the largest investors and proponents of Solana. They have been spearheading the ‘integrated blockchain’ investment theses even before the success of Solana redefined that corner of crypto. This episode is not intended to be a debate like the vs Justin Drake one. Ryan and David are mostly going to sit back and hear Kyle’s perspective and reasoning as to why ETH has been down so bad in this crypto cycle. ========================================= Timestamps: 0:00 Intro 5:40 Ethereum in a Vacuum 10:10 $ETH Vs. $BTC 25:50 Broken Layer2 Interoperability 34:46 Value Capture 51:46 What Needs to Change 55:23 Decentralization 1:06:34 #Solana 1:12:25 Steelmanning #Ethereum 1:17:49 Closing & Disclaimers
1:18:45

LIVE NOW -- Why is ETH Down So Bad this Cycle? | Kyle Samani SOL/ETH is up 300% YoY, and ETH/BTC is down 50% over the last 2 years. Why is ETH underperforming so bad? Kyle Samani is the Managing Partner & Co-Founder at . Kyle and Multicoin are among the largest investors and proponents of Solana. They have been spearheading the ‘integrated blockchain’ investment theses even before the success of Solana redefined that corner of crypto. This episode is not intended to be a debate like the vs Justin Drake one. Ryan and David are mostly going to sit back and hear Kyle’s perspective and reasoning as to why ETH has been down so bad in this crypto cycle. ========================================= Timestamps: 0:00 Intro 5:40 Ethereum in a Vacuum 10:10 $ETH Vs. $BTC 25:50 Broken Layer2 Interoperability 34:46 Value Capture 51:46 What Needs to Change 55:23 Decentralization 1:06:34 #Solana 1:12:25 Steelmanning #Ethereum 1:17:49 Closing & Disclaimers

Bankless

91,016 次观看 • 1 年前

.Sam Broner spent years at a16z crypto studying hundreds of stablecoin-focused startups. Mature fintechs, banks weighing their stablecoin strategy, early teams pitching infrastructure plays. The one pattern that kept surfacing: stablecoins were built for trading, not payments. Before a16z, Broner was an engineer at Microsoft, where he built the Fluid Framework that helped re-platform Word from desktop to browser. He demoed for Bill Gates two weeks into the project. Spent time at the Boston Fed's stablecoin initiative during MIT Sloan, angel invested in Cursor before most people had heard of it, and kept circling back to the same problem: moving from one stablecoin to another still works like a trade, not a payment. That's when he founded The Better Money Company - a stablecoin clearinghouse. Any stablecoin in, any stablecoin out, at a fixed price, with a guaranteed time of delivery. Its member issuers include Bridge, Paxos Labs, Agora, M0, MoonPay 🟣, brale, and Frax Finance ¤⛓️¤. Clients include Ramp, Privy, Turnkey 🔑, and Modern Treasury. The Better Money Company raised $10 million from a16z crypto, BoxGroup, and Sunflower Capital, and came out of stealth last week. Broner's point is simple. You don't sell Wells Fargo dollars at a variable price to get Bank of America dollars. Stablecoins shouldn't work that way either. Sam Broner sat down with Drew Rogers in Brooklyn. 00:00 - "I was living in Beijing in 2017" 02:24 - Paperwork in payments, and why engineers find it ridiculous 06:49 - MIT Sloan, the Boston Fed, and the stablecoin research scene 09:07 - The Fluid Framework: coding under a podium while Satya watched 13:10 - Why making payments a little bit better matters at massive scale 15:08 - Stablecoins are optimized for trading pairs, not payment flows 17:20 - What a clearinghouse is: from London taverns to hub-and-spoke 21:46 - Guaranteed pricing, guaranteed settlement, compliant clearing 25:41 - "Better money needs to be one to one" 31:52 - Instant payouts for gig workers: a weekend build on stablecoin rails 33:49 - Tourists in the Bazaar: how agents will transact 39:58 - Atomic payments and why faster settlement changes everything 44:01 - Why enterprise agent payments dwarf consumer agent payments 47:38 - Selling shovels vs. going for gold 53:24 - What's next for The Better Money Company Episode 0048, Presented by Altitude
49:13

.Sam Broner spent years at a16z crypto studying hundreds of stablecoin-focused startups. Mature fintechs, banks weighing their stablecoin strategy, early teams pitching infrastructure plays. The one pattern that kept surfacing: stablecoins were built for trading, not payments. Before a16z, Broner was an engineer at Microsoft, where he built the Fluid Framework that helped re-platform Word from desktop to browser. He demoed for Bill Gates two weeks into the project. Spent time at the Boston Fed's stablecoin initiative during MIT Sloan, angel invested in Cursor before most people had heard of it, and kept circling back to the same problem: moving from one stablecoin to another still works like a trade, not a payment. That's when he founded The Better Money Company - a stablecoin clearinghouse. Any stablecoin in, any stablecoin out, at a fixed price, with a guaranteed time of delivery. Its member issuers include Bridge, Paxos Labs, Agora, M0, MoonPay 🟣, brale, and Frax Finance ¤⛓️¤. Clients include Ramp, Privy, Turnkey 🔑, and Modern Treasury. The Better Money Company raised $10 million from a16z crypto, BoxGroup, and Sunflower Capital, and came out of stealth last week. Broner's point is simple. You don't sell Wells Fargo dollars at a variable price to get Bank of America dollars. Stablecoins shouldn't work that way either. Sam Broner sat down with Drew Rogers in Brooklyn. 00:00 - "I was living in Beijing in 2017" 02:24 - Paperwork in payments, and why engineers find it ridiculous 06:49 - MIT Sloan, the Boston Fed, and the stablecoin research scene 09:07 - The Fluid Framework: coding under a podium while Satya watched 13:10 - Why making payments a little bit better matters at massive scale 15:08 - Stablecoins are optimized for trading pairs, not payment flows 17:20 - What a clearinghouse is: from London taverns to hub-and-spoke 21:46 - Guaranteed pricing, guaranteed settlement, compliant clearing 25:41 - "Better money needs to be one to one" 31:52 - Instant payouts for gig workers: a weekend build on stablecoin rails 33:49 - Tourists in the Bazaar: how agents will transact 39:58 - Atomic payments and why faster settlement changes everything 44:01 - Why enterprise agent payments dwarf consumer agent payments 47:38 - Selling shovels vs. going for gold 53:24 - What's next for The Better Money Company Episode 0048, Presented by Altitude

Stabledash

16,388 次观看 • 2 个月前

Nikhil Srinivasan sold his first company to Coinbase 🛡️ in 2018. A few years later, he went on to lead product on Sardine's AI risk platform. Last year he left to start Infinite. At Coinbase, his team added every new blockchain and asset to the platform beyond Bitcoin and Ethereum, including USDC. At Sardine, he led compliance while co-founder Raj led payments, and together they shipped one of the first real virtual account programs in stablecoins. Those two seats are where the thesis behind Infinite took shape. Infinite is a global B2B stablecoin processor backed by Y Combinator and Coinbase 🛡️, settling same-day payments to 170+ countries. His bet is simple. Stablecoins are rewriting the rails of global payments, and compliance is what decides who actually wins. Nikhil Srinivasan sat down with Drew Rogers in San Francisco. 00:00 - "There's a whole story as to how we got to this problem" 02:35 - Infinite, and the team that shipped at Sardine 06:25 - Virtual accounts: the light-bulb moment 13:10 - The visibility gap on the international leg 16:57 - First-party vs third-party, and why nesting is the quiet risk 22:32 - Inside the stablecoin sandwich 28:52 - "People think compliance is deterministic and static" 35:14 - The end of emailing passport scans 40:41 - Bitso, Trace, Conduit, Yellow Card - allies, not competition 46:08 - "Go bare metal" - Tom Blomfield's YC advice 52:42 - Agentic commerce and machine-to-machine money 56:51 - Do foundation model companies become payment companies? Episode 0047, Presented by Altitude
1:00:38

Nikhil Srinivasan sold his first company to Coinbase 🛡️ in 2018. A few years later, he went on to lead product on Sardine's AI risk platform. Last year he left to start Infinite. At Coinbase, his team added every new blockchain and asset to the platform beyond Bitcoin and Ethereum, including USDC. At Sardine, he led compliance while co-founder Raj led payments, and together they shipped one of the first real virtual account programs in stablecoins. Those two seats are where the thesis behind Infinite took shape. Infinite is a global B2B stablecoin processor backed by Y Combinator and Coinbase 🛡️, settling same-day payments to 170+ countries. His bet is simple. Stablecoins are rewriting the rails of global payments, and compliance is what decides who actually wins. Nikhil Srinivasan sat down with Drew Rogers in San Francisco. 00:00 - "There's a whole story as to how we got to this problem" 02:35 - Infinite, and the team that shipped at Sardine 06:25 - Virtual accounts: the light-bulb moment 13:10 - The visibility gap on the international leg 16:57 - First-party vs third-party, and why nesting is the quiet risk 22:32 - Inside the stablecoin sandwich 28:52 - "People think compliance is deterministic and static" 35:14 - The end of emailing passport scans 40:41 - Bitso, Trace, Conduit, Yellow Card - allies, not competition 46:08 - "Go bare metal" - Tom Blomfield's YC advice 52:42 - Agentic commerce and machine-to-machine money 56:51 - Do foundation model companies become payment companies? Episode 0047, Presented by Altitude

Stabledash

15,056 次观看 • 3 个月前

OpenUSD could flip the entire stablecoin business model upside down "Look at the business model of existing stablecoins like Circle and Tether. USDC and USDT are the product, but the business model is the float. They take in a ton of money, invest it in short-term treasuries, earn a yield, and that's their income" "In 2024 Circle said 99% of their income came from holding treasuries and earning a yield. That's an astounding number. Tether is one of the most profitable companies in the world because of high interest rates in the exact same model" "These 140 companies are saying we are going to earn the interest from that float instead of the issuers. OpenUSD will just make a small amount on transaction fees, and the companies using it earn the interest on the tokens. Complete change in the model. That's why Circle stock dumped so hard, people believe the day of making money on float might be over"
1:06

OpenUSD could flip the entire stablecoin business model upside down "Look at the business model of existing stablecoins like Circle and Tether. USDC and USDT are the product, but the business model is the float. They take in a ton of money, invest it in short-term treasuries, earn a yield, and that's their income" "In 2024 Circle said 99% of their income came from holding treasuries and earning a yield. That's an astounding number. Tether is one of the most profitable companies in the world because of high interest rates in the exact same model" "These 140 companies are saying we are going to earn the interest from that float instead of the issuers. OpenUSD will just make a small amount on transaction fees, and the companies using it earn the interest on the tokens. Complete change in the model. That's why Circle stock dumped so hard, people believe the day of making money on float might be over"

The Wolf Of All Streets

26,362 次观看 • 18 天前

WATCH: Chairman French Hill on the urgency to pass the CLARITY Act and establish a digital asset market structure: "We are here at Federal Hall in New York to hold a field hearing to commemorate the one-year anniversary of passing CLARITY with 78 Democratic votes last summer. ...We need CLARITY in place because of a key point I always make: if you have GENIUS and dollar-backed stablecoin, which President Trump signed into law last July, but you do not have a market structure bill, you have passed authorization to have a cellphone but no cell network. There is no ecosystem to support the use. That's why it's so critical that we get the companion legislation to be married to the implementation of GENIUS and dollar-backed stablecoins." 📺⬇️
1:17

WATCH: Chairman French Hill on the urgency to pass the CLARITY Act and establish a digital asset market structure: "We are here at Federal Hall in New York to hold a field hearing to commemorate the one-year anniversary of passing CLARITY with 78 Democratic votes last summer. ...We need CLARITY in place because of a key point I always make: if you have GENIUS and dollar-backed stablecoin, which President Trump signed into law last July, but you do not have a market structure bill, you have passed authorization to have a cellphone but no cell network. There is no ecosystem to support the use. That's why it's so critical that we get the companion legislation to be married to the implementation of GENIUS and dollar-backed stablecoins." 📺⬇️

Financial Services GOP

20,345 次观看 • 2 天前

Cards vs stablecoins for agentic payments? Both. And here is why. Cuy Sheffield (Visa Crypto) and Jay Yu 🐟 (Pantera Capital) join our Stateful podcast, hosted by Mason Nystrom. In this episode, they cover everything at the intersection of payments, AI, and crypto: - Stablecoin supply up 40%, adjusted volume up 90% in 2025 and still accelerating - The AI mullet: cards in the front, stablecoins in the back - Vibe coders are the most exciting customer segment on the planet. One human companies are coming. - Kill the API key: wallet identity over X402 and MPP is a 10x better developer experience - Why cards are the best way for agents to pay and be paid. 01:08 How Stablecoins Grew 40% in 2025 02:42 Why Stablecoins Work Like Cards 04:16 Visa's Payment Infrastructure Play 05:14 Permissionless vs Vertical Stablecoin Networks 07:32 Agentic Payments: Real vs Hype 09:04 x402: The Agenctic Inflection Point 09:30 Killing API Keys With Wallets 13:00 Building for the Vibe Coder 14:54 Cards vs Crypto: The Real Debate 16:50 What Actually Works for Builders 18:49 Cross-Chain Payment Infrastructure 21:36 Keys, Wallets & User Experience 24:36 Future of Autonomous Payments 29:13 What Gets Builders Most Excited 34:31 Agentic Payment Holy Grails
44:05

Cards vs stablecoins for agentic payments? Both. And here is why. Cuy Sheffield (Visa Crypto) and Jay Yu 🐟 (Pantera Capital) join our Stateful podcast, hosted by Mason Nystrom. In this episode, they cover everything at the intersection of payments, AI, and crypto: - Stablecoin supply up 40%, adjusted volume up 90% in 2025 and still accelerating - The AI mullet: cards in the front, stablecoins in the back - Vibe coders are the most exciting customer segment on the planet. One human companies are coming. - Kill the API key: wallet identity over X402 and MPP is a 10x better developer experience - Why cards are the best way for agents to pay and be paid. 01:08 How Stablecoins Grew 40% in 2025 02:42 Why Stablecoins Work Like Cards 04:16 Visa's Payment Infrastructure Play 05:14 Permissionless vs Vertical Stablecoin Networks 07:32 Agentic Payments: Real vs Hype 09:04 x402: The Agenctic Inflection Point 09:30 Killing API Keys With Wallets 13:00 Building for the Vibe Coder 14:54 Cards vs Crypto: The Real Debate 16:50 What Actually Works for Builders 18:49 Cross-Chain Payment Infrastructure 21:36 Keys, Wallets & User Experience 24:36 Future of Autonomous Payments 29:13 What Gets Builders Most Excited 34:31 Agentic Payment Holy Grails

Pantera Capital

33,262 次观看 • 3 个月前

🚨NEW: Ahead of the GENIUS Act vote, we caught up with paulgrewal.eth at Coinbase 🛡️’s State of Crypto Summit to see why there’s so much buzz around stablecoins: “I think the thing about stablecoins that makes them so exciting and important, frankly, is they solve a real problem in the current financial system, which is, it costs you damn much to move value from point A to point B, and that's true for large institutions as it is for the regular retail customer consumer.” 00:12 - Crypto in America: Freedom and Opportunity 00:48 - Navigating Regulatory Challenges and Opportunities 02:53 - Coinbase's Legal Battles 07:24 - The Future of Crypto Legislation and Regulation 14:49 - Stablecoins: The Next Big Thing in Crypto 16:32 - Looking Ahead: Legislative Hopes and Challenges
19:08

🚨NEW: Ahead of the GENIUS Act vote, we caught up with paulgrewal.eth at Coinbase 🛡️’s State of Crypto Summit to see why there’s so much buzz around stablecoins: “I think the thing about stablecoins that makes them so exciting and important, frankly, is they solve a real problem in the current financial system, which is, it costs you damn much to move value from point A to point B, and that's true for large institutions as it is for the regular retail customer consumer.” 00:12 - Crypto in America: Freedom and Opportunity 00:48 - Navigating Regulatory Challenges and Opportunities 02:53 - Coinbase's Legal Battles 07:24 - The Future of Crypto Legislation and Regulation 14:49 - Stablecoins: The Next Big Thing in Crypto 16:32 - Looking Ahead: Legislative Hopes and Challenges

Crypto In America

30,897 次观看 • 1 年前

LIVE NOW - Is Tether The World's Most Valuable Company? CEO Paolo Ardoino 🤖 returns to Bankless at a historic moment for stablecoins. With the Genius Act advancing in the U.S. Congress, Paolo discusses what regulatory clarity means for Tether, the future of USDT, and the company’s plans to launch a domestic stablecoin. We explore the Circle IPO hype, Tether’s eye-popping profits, its growing presence in the U.S. Treasuries and Bitcoin mining, and how grassroots distribution across emerging markets powers its dominance. Paolo also gives a glimpse into Tether’s ambitions in AI, tokenized gold, and the battle to distribute the dollar where banks can’t reach. -------------- TIMESTAMPS 0:00 Intro 5:32 GENIUS Act 12:54 Tether & The US 22:13 Domestic Competition 26:23 Circle IPO 23:36 Handling Pressure 28:32 Stablecoin Valuations 31:38 Winning the Next Chapter 36:52 USDT in Emerging Markets 41:58 Tether & Crypto Correlation 45:52 Tether Ventures 53:25 Tether Wallet? 56:44 Tether & Bitcoin 1:00:15 Other Assets 1:01:07 Bitcoin Mining 1:04:58 Tokenized Gold 1:09:01 GENIUS Act Consequences 1:12:27 Europe 1:14:49 Why Tether is Good 1:17:50 Closing & Disclaimers
1:18:36

LIVE NOW - Is Tether The World's Most Valuable Company? CEO Paolo Ardoino 🤖 returns to Bankless at a historic moment for stablecoins. With the Genius Act advancing in the U.S. Congress, Paolo discusses what regulatory clarity means for Tether, the future of USDT, and the company’s plans to launch a domestic stablecoin. We explore the Circle IPO hype, Tether’s eye-popping profits, its growing presence in the U.S. Treasuries and Bitcoin mining, and how grassroots distribution across emerging markets powers its dominance. Paolo also gives a glimpse into Tether’s ambitions in AI, tokenized gold, and the battle to distribute the dollar where banks can’t reach. -------------- TIMESTAMPS 0:00 Intro 5:32 GENIUS Act 12:54 Tether & The US 22:13 Domestic Competition 26:23 Circle IPO 23:36 Handling Pressure 28:32 Stablecoin Valuations 31:38 Winning the Next Chapter 36:52 USDT in Emerging Markets 41:58 Tether & Crypto Correlation 45:52 Tether Ventures 53:25 Tether Wallet? 56:44 Tether & Bitcoin 1:00:15 Other Assets 1:01:07 Bitcoin Mining 1:04:58 Tokenized Gold 1:09:01 GENIUS Act Consequences 1:12:27 Europe 1:14:49 Why Tether is Good 1:17:50 Closing & Disclaimers

Bankless

22,248 次观看 • 1 年前