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On The Brink with Castle Island


Jun 20, 2025

Matt and Nic are back for another week of news and deals. In this episode: 

  • The GENIUS Act passes the Senate
  • Should GENIUS be stapled to market structure?
  • Bessent thinks stablecoins could be $3.7T by 2030
  • Stablecoin FUD
  • Will stablecoins destabilize the US Treasury market
  • JPM's stablecoin FUDs
  • JPMD's deposit token will launch on Base
  • The future of stablecoin yield in the US 
  • Circle hits a $50b market cap
  • Yellowcard partners with Visa in Africa
  • Kraken will launch a token for their Ink L2
  • Are Walmart and Amazon looking at their own stablecoins? 
  • An Iranian crypto exchange is hacked at the coins are lost
  • We review old Bitcoin FUDs on the FUD Dice

Content mention in this episode: