Weekly Roundup 10/04/24 (CZ Free, Visa’s stablecoin, Satoshi unveiled) (EP.566)

Bullish:

• $V - Visa is well-positioned to benefit from banks' growing interest in crypto, as evidenced by their new stablecoin platform.

  • “Clearly, there's an appetite among the banks to use crypto, and we knew that Visa was interested.”

    Nic·20:01
• $XLM - Stellar's surprising popularity for stablecoin transactions suggests potential value in its position in the stablecoin market.

  • “Like, kinda surprising how popular Stellar is for stablecoins.”

    Matt·21:05
• $BEN - Franklin Templeton is viewed as one of the most crypto-native asset managers, with a positive outlook on their crypto strategy and expansion of tokenized funds.

  • “Franklin Tumbleton, one of the most crypto native asset managers out there.”

    Nic·21:04

Bearish:

• $USBANKS - US banks are lagging behind in crypto adoption compared to international banks and companies like Visa, potentially putting them at a disadvantage.

  • “US banks are just nowhere on this. Clearly, there's an appetite among the banks to use crypto, and we knew that Visa was interested.”

    Nic·20:01