The Stablecoin Surge and Stripe’s Crypto Power Play
The Breakdown12 Jun 2025

The Stablecoin Surge and Stripe’s Crypto Power Play

Nathaniel dives into the growing momentum behind stablecoin legislation in Washington, including the Senate’s latest approval of the Genius Act, the political posturing surrounding it, and why this isn’t a crypto bill—it’s a dollar dominance bill. He explores Meta’s potential reentry into stablecoins and breaks down Stripe’s major crypto infrastructure move with its acquisition of wallet provider Privy. Plus, what Treasury Secretary Scott Bessino’s stablecoin vision signals for global dollar strategy, why GameStop’s Bitcoin treasury plan is raising eyebrows, and how altcoin treasury strategies are veering into the absurd. Brought to you by: Grayscale offers more than 20 different crypto investment products. Explore the full suite at grayscale.com. Invest in your share of the future. Investing involves risk and possible loss of principal. To learn more, visit ⁠⁠⁠⁠⁠⁠⁠⁠Grayscale.com⁠⁠⁠⁠⁠⁠⁠⁠ -- ⁠⁠⁠⁠⁠⁠⁠⁠https://www.grayscale.com//?utm_source=blockworks&utm_medium=paid-other&utm_campaign=brand&utm_id=&utm_term=&utm_content=audio-thebreakdown)⁠⁠⁠⁠⁠⁠⁠ Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/@TheBreakdownBW Subscribe to the newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://blockworks.co/newsletter/thebreakdown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownBW

Episoder(2053)

Why the Internet Crash Made Bitcoin Look Stronger

Why the Internet Crash Made Bitcoin Look Stronger

A massive AWS outage took down huge portions of the internet this week, and crypto wasn’t spared — Coinbase’s Base network went offline, MetaMask users saw zero balances, and much of the industry’s in...

22 Okt 202510min

Is It All Over for Crypto?

Is It All Over for Crypto?

After a brutal flash crash and a week of weak trading, many in the crypto world are asking if the cycle is done. Bitcoin has held above $100K, but altcoins have been crushed, sentiment has cratered, a...

21 Okt 20259min

The 5 Most Important Stories in Crypto Last Week

The 5 Most Important Stories in Crypto Last Week

From dustups with Binance to Larry Fink's tokenization call, NLW and Scott Melker break down the stories that shaped the crypto week. Enjoying this content? SUBSCRIBE to the Podcast: https://pod...

18 Okt 202525min

The Tokenization Era Begins (says Fink)

The Tokenization Era Begins (says Fink)

BlackRock CEO Larry Fink says the tokenization of all assets has begun—from real estate to ETFs—and calls on Washington to accelerate digital asset regulation. We break down what this means for market...

16 Okt 202512min

The Short, Brutal Bear Market of October ‘25

The Short, Brutal Bear Market of October ‘25

Markets melted down this weekend after Trump’s surprise tariff announcement triggered the largest crypto liquidation in history. Stocks plunged, altcoins went to zero, and suspicions of insider tradin...

15 Okt 202512min

Could This Actually Be An Amazing Setup for Bitcoin?

Could This Actually Be An Amazing Setup for Bitcoin?

NLW and Scott Melker count down the five most important stories in the crypto week. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://ww...

10 Okt 202521min

Wall Street Discovers the “Debasement Trade”

Wall Street Discovers the “Debasement Trade”

Bitcoin’s October rally isn’t just another crypto surge — it’s part of what JPMorgan calls the Debasement Trade. As gold spikes and the dollar weakens, major banks and economists are finally voicing f...

10 Okt 202512min

ICE Invests $2 Billion in Polymarket

ICE Invests $2 Billion in Polymarket

The parent company of the New York Stock Exchange just made a $2 billion investment in Polymarket, valuing the prediction-market platform at $9 billion and signaling a huge shift toward crypto-native ...

9 Okt 202510min

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