The Clarity Act, State of Crypto VC & LayerZero Launches Zero | Weekly Roundup

Bullish:

• $STABLES - Stablecoins are seeing massive growth in B2B payments and are critical infrastructure for both DeFi and traditional finance moving on-chain.

  • “businesses are using stablecoins today. And whether this bill passes or not, that trend is going to continue to grow.”

    Santi·25:24

  • “a lot of the activity has been on the B2B payment side. So like, a lot of the growth has come from that.”

    Santi·25:13

  • “stablecoins are important. And Rob talks about this all the time from the FinTech perspective and changing how we do payments and stuff like that. But it's also really important to keep DeFi alive in a really important way”

    Rebecca·18:09
• $DEFI - Regulatory framework will enable financial institutions to plug into permissionless DeFi, representing a massive unlock for the sector.

  • “There's a provision in title three that if we can make a couple of tweaks to it, will allow financial institutions to plug into permissionless DeFi by using a risk framework. That is a huge deal for me.”

    Rebecca·15:46

  • “if we can get FIs to be able to plug in to DeFi, that's a huge win.”

    Rebecca·16:24
• $TRADFI - Traditional finance is coalescing around blockchain use cases with major institutions actively building on-chain infrastructure.

  • “I strongly believe that global finance is moving on chain. I strongly believe that this more of a matter of time from a board perspective, a comfort perspective, a regulatory perspective, than it has been an infrastructure perspective.”

    Rob·1:07:35

  • “it's very clear that there's a lot of coalescing right now around these traditional finance use cases on blockchains, and everybody's moving towards those directions.”

    Rob·1:03:27

Bearish:

• $LAYERONE - General purpose blockchains are at an all-time low in terms of market perception, with oversupply of infrastructure and lack of demand.

  • “I think the general perspective of, you know, general purpose blockchains is probably at it's like all time low.”

    Rob·1:02:11

  • “from a supply standpoint, there's ample supply, and we've continued to make engineering upgrades that allow us... But I was like, the the perhaps cynical argument that would be like, hey. We haven't just really solved for the demand side.”

    Santi·1:04:31

  • “With l twos today, like, you know, you could you could bring on another 100,000,000 users and and still not, like, hit the limitations of the current infrastructure.”

    Santi·1:05:27
• $CRYPTOVC - Middle-sized generalist crypto VCs will struggle to survive as the market consolidates toward platforms or niche specialists.

  • “if you're a middle of the road generalist investor today, like you're probably not going to exist in ten years. And this is true of crypto VCs, and it's true of regular VCs.”

    Rob·1:00:03

  • “you either need to be a platform or you need to be a specialist niche, small fund, right? And the reality is, is like, if you're a, you know, middle of the road or like middle sized generalist, you don't have the resources to compete”

    Rob·59:02
• $CEFI - Traditional financial institutions and regulatory bodies remain hostile to crypto, actively working against the industry's interests.

  • “I think we have all sorts of enemies. Like I don't think it's over.”

    Rebecca·0:00

  • “you can see, CIFMA, the Securities Industry Association filed a, deck with the SEC two weeks ago maybe and it's public because it's on the crypto task force website. And you can see that they want wallets to be regulated like brokers, and they don't want traditional assets being able to be traded through permissionless DeFi.”

    Rebecca·38:45

  • “The banks on yield, have plenty of enemies.”

    Rebecca·39:12