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Open Standard USD, backed by firms including BlackRock, Google, Coinbase, Visa, and Mastercard, will return most reserve revenue to participants and eliminate minting fees.
Demetri notes the stablecoin market is valued at $307 billion, with Tether accounting for $184 billion of that total.
USDT is no longer accepted on licensed EU exchanges like Coinbase and Kraken because Tether chose not to seek MiCA e-money authorization.
Nick Johnson used his 3.26 million ENS tokens to veto a DAO proposal to renew the Security Council, citing structural weaknesses.
Corey argues that democratizing financial access led to a flood of non-experts in crypto, resulting in reinventions of existing concepts marketed as innovation.
Demetri observes that crypto has speed-run human behavior, revealing tribalism and resentment as people resist adopting systems where others win.
Corey describes the U.S. monetary system's evolution from a gold-backed dollar to a petrodollar system, then to a faith-backed system as debt mounts.
Stripe acquired Bridge for $1.1 billion, and Mastercard purchased BVNK to expand stablecoin settlement capabilities.
Scientists at Conception grew a human egg from stem cells that perfectly mimicked an egg from a real ovary.