Matt and Nic are back with another week of news and deals. In this episode: 

• Defending “Free Banking” from the critics – and why stablecoins are unlike free banks
• The American Bankers Association doesn’t like new crypto charters
• Tether CEO Paolo Ardoino announces the company’s plan to launch a new US-based stablecoin this year
• Strategy announced the plans for the fourth preferred stock offering this week, STRC, or "Stretch."
• Anchorage Digital, which does hold an OCC banking charter, is launching a new stablecoin issuance platform. The first stablecoin product will be USDtb in partnership with Ethena Labs
• The Senate Banking Committee released their discussion draft for crypto market structure legislation this week, designed to build off the House's passage of the CLARITY Act last week
• Citadel Securities has expressed concern around the rise of tokenized securities
• Bhutan’s Bitcoin trade
• BitGo, a crypto custody provider, and Bullish, a crypto exchange, both announced that they had confidentially filed an S-1

Further reading:

• Wired, The Great Crypto Re-Banking Has Begun
• Galaxy Digital, Crypto Policy Under Trump: H1 2025 Report

Cyrus Shirazi, CEO of Haven joins the show. In this episode: 

• R&D tax credits and offering an attractive tax product to early stage companies
• What on-chain finance needs to fulfill becoming a better ledger for accounting
• What startups should look for in a tax & accounting partner

Matt and Nic are back for another week of news and deals. In this episode: 

• The Coldplay concert incident
• It’s Crypto Week in Washington
• Talos acquires Coin Metrics
• Do you need an MTL to run a fantasy football league?
• GENIUS Act is law pending Trump’s signature
• Clarity Act passes the House
• Pump.fun ICO
• Fairshake raises $141m
• Grayscale is preparing for an IPO
• Adam Back’s Bitcoin access vehicle
• Polymarket beats the allegations
• Is GENIUS creating a narrow bank system? 
• Governor Waller's comments on stablecoins and banks

Wyatt sits down with Nikhil Raghuveera of Predicate to talk policy for blockchain applications. In this episode: 

• How Predicate’s “rules for blockchain transactions” are making on-chain finance more scalable and secure
• Creating more compliant stablecoin transfer systems suitable to mass financial use cases
• The future of secure money movement
• How leading software and financial firms can integrate transaction policies in their workflows

Matt and Nic are back for another week of news and deals. In this episode: 

• Bitcoin hits a new ATH and no one is talking about it
• Grok goes haywire
• The White House posts chudjak
• Core Weave looks to buy Core Scientific
• Stablecoins are going to pay yield anyway
• Did Zelenskyy wear a suit?
• How should prediction markets be settled?
• Pump.fun ICO is coming up
• Hester Peirce issues a warning on tokenized securities
• Crypto Week in Congress is coming up
• Jonathan Gould has been confirmed as Comptroller of the Currency
• There are new public access vehicles
• Andreessen wants you to leave Delaware
• A fundamental valuation model for L1s?
• GMX is hacked for $42m 
• Tim Massad's exchange with Bernie Moreno

Content mentioned in this episode:

• Hester Peirce, Enchanting, but Not Magical: A Statement on the Tokenization of Securities
• Fidelity, Blockchains as emerging economies
• Bridge, How Meow and Bridge Make USDC Payments as Seamless as Cash  

Zac Townsend, the founder and CEO of Meanwhile, joins the show. In this episode we discuss:

• Zac’s background and the path that led him to start Meanwhile.
• The mechanics of Bitcoin denominated life insurance.
• How Meanwhile generates Bitcoin yield.
• Zac’s views on the evolution of Bitcoin treasury companies.

To learn more about Meanwhile visit meanwhile.bm

Charles Hamel, Product Director at Opera's MiniPay, joins the show. In this episode: 

• Stablecoin habits in emerging markets
• Prospects for local stablecoins
• What’s next on the stablecoin horizon

Matt and Nic are back for another week of news and deals. In this episode: 

• EthCC troubles 
• Robinhood has been shipping
• Figma owns BTC 
• The House GOP has declared "crypto week" in July
• Circle and Ripple are applying for bank charters 
• AI companies are buying Bitcoin miners
• Sharia finance
• The BBB passes 
• America teeters towards default
• The Sohan Parekh fiasco
• How do tokenized stocks work? 
• Another architect of OCP2.0 bites the dust
• Is AI going to usher in a socialist revolution? 
• Ric Edelman wants you to buy crypto 
• Franklin Templeton is worried about bitcoin treasury companies 
• No crypto language was included in the BBB

Chris Maurice, founder of Yellow Card, a pan-Africa stablecoin business and exchange, rejoins the show. In this episode:

• How Chris feels about the crypto space in 2025 as compared to when he started a decade ago
• How Yellow Card evolved from being a retail BTC exchange to being an enterprise payment platform for stablecoins
• How Chris realized that stablecoins were all about b2b transfers
• How businesses in EM use stablecoins, and what the alternatives are
• Regional differences within Africa in terms of stablecoin adoption
• Shifting regulatory attitudes in Africa
• Does Chris worry about crypto-dollarization in Africa?
• Is dollarization happening on the ground right now
• Tether and TRON market share developments
• Where we are in stablecoin infra and tooling and what needs to be built
• Why we need a stablecoin clearinghouse
• The future of Yellow Card a few years ahead
• How banks will engage with stablecoins

Wyatt sits down with Bernando Bilotta, founder of Stables.money. In this episode: 

• Stablecoin usage in APAC, for saving, spending, and beyond
• Retail adoption that bleeds into institutional adoption
• The forward-looking path for stablecoin finance