On The Brink with Castle Island

Weekly Roundup 05/09/25 (GENIUS stalls, Coinbase buys Deribit, Bessent on stables) (EP.622)


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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

...more
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On The Brink with Castle IslandBy Castle Island Ventures

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