Episode Details

Weekly Roundup 10/25/24 (Stripe acquires Bridge, Polymarket whale, Stables as Fintech 3.0) (EP.569)
10/25/2024
On The Brink with Castle Island β†—

Key Insights

Bullish:

  • 🟒 $USD - Prediction of increased global adoption of USD-backed stablecoins due to frictionless currency substitution, potentially leading to 'crypto dollarization'.
    • β€œThis is my theory is that because it's so frictionless to do currency substitution with stable coins, you'll see crypto dollarization.” - Nick (23:44)
  • 🟒 $STABLES - πŸ”’
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  • 🟒 $BTC - πŸ”’
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  • 🟒 $CEFI - πŸ”’
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