Preview Mode Links will not work in preview mode

On The Brink with Castle Island


May 9, 2025

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

  • We have a new Pope
  • The etymology of ampersand
  • The GENIUS act collapses spectacularly
  • Coinbase consummates its acquisition of Deribit
  • Did World Liberty Financial’s USD1 torpedo the GENIUS act?
  • Did “pro crypto” democrats snake on the industry
  • Scott Bessent thinks stablecoins could reach $2T
  • The OCC says banks can provide crypto custody and execution
  • Stripe is launching stablecoin financial accounts
  • The SEC explores a sandbox for tokenized securities
  • Tariff the L2s