No Top Signal In Sight | Weekly Roundup

Bullish:

• $STABLES - Strong growth potential in stablecoins, particularly for B2B cross-border transactions, with annual transaction volumes reaching $100 billion as of February.

  • “B2B cross border transactions are the fastest growing, vertical within stablecoin usage. Now we're talking, you know, at the time we put that out, which was as of February, we're talking about $100,000,000,000 annually in transaction volumes.”

    Rob·1:05:19
• $COIN - Coinbase's recent convertible note offering is seen as a positive sign, providing cheap capital and indicating strong investor demand.

  • “These convertible notes for Coinbase are actually, they're pretty interesting. So these are actually very cheap capital, right?”

    Rob·14:33
• $XRP - Ripple is strategically focusing on growing their stablecoin (RLUSD) and positioning themselves as a legitimate player in the stablecoin space.

  • “Clearly between that and between rail here, like, they are very focused on the growth of RLUSD. They are very focused on trying to be a legitimate player in the stablecoin space.”

    Rob·57:06
• $KRAKEN - Kraken is viewed as a potentially good investment opportunity, particularly for the right type of investor, based on their financials and market position.

  • “I actually think it's probably a pretty good investment, to be honest. I mean, it's obviously for the right investor.”

    Rob·31:46

Bearish:

• $PAYMENTNETWORKS - Traditional payment networks and the broader credit card industry face potential disruption from the growing adoption of stablecoins.

  • “Stablecoins are disruptive to payment networks in the broader credit card industry. Stablecoins could disrupt existing payment networks, which have historically had resilient business models.”

    Jason·1:12:05