Weekly Roundup 03/26/26 (Trump supports stablecoin yield, Kraken's master account, death prediction markets) (EP.707) – On The Brink with Castle Island — Transcript

Weekly Roundup 03/26/26 (Trump supports stablecoin yield, Kraken's master account, death prediction markets) (EP.707) – On The Brink with Castle Island — Transcript

Market views

Bullish

STABLES— Trump strongly supporting stablecoin industry and yield-bearing stablecoins against bank opposition, viewing it as critical for US crypto leadership
INFRA— Stablecoin card infrastructure expanding rapidly with Visa/Bridge partnership to 100+ countries, meeting consumers where they are
MS— Morgan Stanley emerging as the most forward-thinking bank on crypto, filing for their own Bitcoin ETF

Bearish

ANTHROPIC— Anthropic's EA philosophy causing them to be antagonistic with government, self-destructing their IPO plans by flying too close to the sun
JPM— JPMorgan and banks opposing stablecoin yield in bad faith, trying to protect their monopoly despite record profits
AAVE— Key developers leaving Aave protocol amid governance crisis, despite $4B in secured assets

Not investment advice.