Weekly Newsletter

The detail buried in these announcements is that Standard Chartered didn't just agree to distribute USDC — it helped design Circle's payments network alongside Santander, Deutsche Bank, and Société Générale. The banks aren't plugging into…

The number that changes everything isn't $1.4 billion. It's the gap between what Trump made in 2024 from crypto ($57 million) and what he made in 2025 ($1.4 billion) — a 25-fold jump that happened entirely while he was signing…

The specific mechanism here is the revenue-sharing model. Open USD promises to pass the earnings from its reserves back to every business that participates — Visa, Stripe, Mastercard, Coinbase, 140 companies in total. That's the knife.

Banks don't want yield-bearing stablecoins because they compete with bank deposits. That's the honest reason. JPMorgan's Farooq and Muriungi dress it up as consumer protection, but the underlying anxiety is that if people can earn 4%…

The IMF deal forced El Salvador to drop the legal requirement for businesses to accept Bitcoin as payment. Most coverage treated that as a retreat.

They say the "bottom is in when the biggest Bull sells".

Ten days, $2.7 billion out. One day, $223 million back. The ratio tells you everything about how to read this.

President Trump publicly stated that Bitcoin should not be subject to capital gains taxation, advocating for its removal alongside a defense of his family's crypto-related financial holdings. The statement was made in the context of Trump's previously disclosed $1.4 billion in 2025 crypto-related income.