The Breakdown

Visa Just Supercharged Stablecoin Legitimacy

03.30.2021 - By Nathaniel WhittemorePlay

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Today’s episode of “The Breakdown” is an extended brief with five different topics:

NFTs make it to “SNL”

“Green” bitcoin mining

Square’s CFO thinks all companies should hold bitcoin in their treasuries

Crypto M&A doubles in 2020

Visa announces USDC as settlement currency 

Ultimately, he argues that while non-fungible tokens are showing up in pop culture, the Visa deal reinforces the notion that this crypto bull market is being driven by large-scale institutional engagement.

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