Episode 636
Weekly Roundup 06/20/25 (GENIUS passes, Nobitex Hack, FUD dice retrospective) (EP.636)
On The Brink with Castle Island · Castle Island Ventures
June 20, 202537m 49s
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Show Notes
Matt and Nic are back for another week of news and deals. In this episode:
- The GENIUS Act passes the Senate
- Should GENIUS be stapled to market structure?
- Bessent thinks stablecoins could be $3.7T by 2030
- Stablecoin FUD
- Will stablecoins destabilize the US Treasury market
- JPM's stablecoin FUDs
- JPMD's deposit token will launch on Base
- The future of stablecoin yield in the US
- Circle hits a $50b market cap
- Yellowcard partners with Visa in Africa
- Kraken will launch a token for their Ink L2
- Are Walmart and Amazon looking at their own stablecoins?
- An Iranian crypto exchange is hacked at the coins are lost
- We review old Bitcoin FUDs on the FUD Dice
Content mention in this episode:
- Yesha Yadav and Brendan Malone, Stablecoins and the US Treasury Market