Episode Details
| Title | Weekly Roundup 05/23/25 (Genius Cloture, Sui hack, $Trump dinner) (EP.627) |
|---|---|
| Date | 5/23/2025 |
| Podcast | On The Brink with Castle Island ↗ |
Key Insights
Bullish:
- 🟢 $STABLES - Stablecoins are reinforcing the US dollar's global dominance, with potential for institutional use in expediting settlement processes and reducing back office costs for banks.
- “Stablecoins are re-entrenching the dollar globally.” - Nic (16:27)
- “Banks would really benefit depending on the use case for institutional consortium stablecoin that could settle securities transactions. There'd be a lot of back office costs that could get removed from some of these banks if they were able to just expedite the settlement process there.” - Matt (19:39)
- 🟢 $CRYPTOAI - 🔒
- 🟢 $BTC - 🔒
- 🟢 $DEFI - 🔒
Bearish:
- 🔻 $SUI - 🔒
- 🔻 $CRYPTOETF - 🔒