Episode 622
Weekly Roundup 05/09/25 (GENIUS stalls, Coinbase buys Deribit, Bessent on stables) (EP.622)
On The Brink with Castle Island · Castle Island Ventures
May 9, 202528m 28s
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Show Notes
Matt and Nic are back with another week of news and deals. In this episode:
- We have a new Pope
- The etymology of ampersand
- The GENIUS act collapses spectacularly
- Coinbase consummates its acquisition of Deribit
- Did World Liberty Financial's USD1 torpedo the GENIUS act?
- Did "pro crypto" democrats snake on the industry
- Scott Bessent thinks stablecoins could reach $2T
- The OCC says banks can provide crypto custody and execution
- Stripe is launching stablecoin financial accounts
- The SEC explores a sandbox for tokenized securities
- Tariff the L2s