Good news for stablecoins and crypto
plus: foreign buyers, markets, JPMorgan, authoritarianism and more
“We invent our technologies and then we turn around and use our technologies to reinvent ourselves as individuals, communities and cultures.” – Paul Saffo ||
Hi everyone, I hope you’re all doing well! Thanks so much to all of you who answered yesterday’s poll! It turns out that the vast majority of you do value the combination of crypto and macro commentary – I’m very pleased to see that, as I am convinced that the two landscapes are becoming increasingly intertwined.
IN THIS NEWSLETTER:
Good news for stablecoins and crypto
Foreign buyers of treasuries
Macro-Crypto Bits: markets, JPMorgan, gold, authoritarianism
If you’re not a premium subscriber, I hope you’ll consider becoming one! You get ~daily commentary on markets, macro, tokenization, regulation and and more. As well as relevant links and music recommendations ‘cos why not.
WHAT I’M WATCHING:
Good news for stablecoins and crypto
The sigh of relief was drowned out by cheers as the cloture vote on the GENIUS Act stablecoin bill (to end debate and send the bill to the Senate floor for a vote) passed 66-32, with 16 Democrat senators voting in favour.
This is a big deal for two reasons:
