In an AI Agent World, Do Money Markets Win Over Stablecoins? - Bits + Bips
USDC became Hyperliquid's stablecoin infrastructure, and the 30-year broke 5% for the first time since 2008. Austin, Ram, Chris, and Gordon Liao of Circle work through who wins. --- Thank you to our...
19 Touko 58min
Can Hyperliquid Come Onshore Without Killing What Makes It Special?
CME and ICE want regulators to rein in Hyperliquid, which delivers 24/7 derivatives markets that incumbents can't match. Can it be brought onshore? ===================================================...
19 Touko 47min
Bits + Bips: The Interview — The $16 Trillion Repo Market Is TradFi’s Central Nervous System. Its Finally Coming Onchain
The repo market is $16 trillion globally and most people have never heard of it — until the plumbing breaks. Craig Burchell of FalconX and Matteo Pandolfi of Pareto explain how it works and why bringi...
16 Touko 45min
How Hyperliquid Benefits From Its New Deal With Coinbase Over USDC
Coinbase just became the official USDC treasury deployer on Hyperliquid. Alex Weseley of Artemis explains how this boosts Hyperliquid’s annual revenue by 25%. ========================================...
15 Touko 36min
Uneasy Money: Why the Broken Pre-IPO Secondary Markets Won't Be Fixed Anytime Soon
Anthropic is voiding secondary market trades. Who gets hurt — WhatsApp scammers, Forge buyers, or the founders? Plus: why continuous synthetic pricing is coming for every pre-IPO company. Thank you...
15 Touko 1h 16min
DEX in the City: Will the CLARITY Act Pass? Three Crypto Lawyers Give Their Odds
As a new CLARITY Act draft dropped, KK, Vy, and guest Josh Riezman of GSR give their passage odds and explain the one developer protection provision that matters most. Thanks to our sponsor! Coi...
14 Touko 49min
Bits + Bips: Why the AI Rally Keeps Growing — and Why Circle Launched Arc
Ram says the entire market is now one giant AI trade. Chris argues the boom is backed by real fundamentals. Austin asks: is AI creating value for the right companies? --- Thank you to our sponsor! ...
13 Touko 53min
Why Arthur Hayes Thinks the AI Bubble Bursting Could Spark a Crypto Bull Market
Arthur Hayes sees one force driving markets right now: governments printing money to finance AI and war. He explains why that ends with Bitcoin much higher — and what could derail it. ===============...
12 Touko 57min
