Episode Details
| Title | Bits + Bips: Stablecoins Just Went Legit, but That’s Only the First Step - Ep. 873 |
|---|---|
| Date | 7/23/2025 |
| Podcast | Unchained ↗ |
Key Insights
Bullish:
- 🟢 $STABLES - Positive outlook for stablecoins due to new US legislation and increasing adoption in various markets, including potential yuan-backed stablecoins in Hong Kong.
- “We have confirmed crypto focused legislation in The United States, home to the largest financial market in the world. That is a very big deal, but I'm gonna push back about this being a slightly valedictory feel. It's just the beginning.” - Noelle (3:02)
- “In Hong Kong, Hong Kong stablecoin law goes into effect August 1, and we are already seeing a scrambling of firms from the Mainland trying to get the stablecoin licenses, and there's talk of issuance of yuan backed stablecoins in Hong Kong.” - Noelle (59:57)
- 🟢 $ETH - 🔒
- 🟢 $DEFI - 🔒
- 🟢 $PAXOS - 🔒
- 🟢 $NEWBANK - 🔒
Bearish:
- 🔻 $CRYPTO - 🔒
- 🔻 $REGBANK - 🔒