Happy Holidays.
Main market takeaways for those who lazily keep their finger on the pulse:
With Trump's arrival, regulators have eased up. Old prosecutions against founders and web3 projects are being dropped. Meanwhile, the U.S. is closely working on the monopolization of the dollar on-chain.
🔴WHAT'S IN THE MARKET:
✦ At the beginning of April, the SEC promised not to squeeze stablecoin issuers by releasing a public staff statement.
🍵 Almost immediately, the CSIS analytical center urged Congress to quickly approve a "single federal license" for stablecoins.
And then it started:
✦ The largest payment gateway bought Bridge and plans to issue VISA debit cards with USDC/USDT on the balance
✦ Another VISA debit card from Worldcoin
✦ At the TOKEN2049 conference: Tether promises zero fees
✦ At the TOKEN2049 conference: Berachain is building a platform for distributing web3 loans based on your web2 credit rating.
✦ TON Foundation is entering RWA: Tokenizing Telegram bonds on the TON blockchain. So far, this is more for corporate clients. BUT I will be researching. Goal: to show that in crypto, you can not only lose money but also snag a crazy +5% on deposits.
✦ FIFA is creating its own EVM chain