July 10: Circle Becomes a National Bank
Crypto infrastructure continues expanding even as Bitcoin remains stuck in one of the longest trading ranges in its history. Matt breaks down Circle's approval to launch a federally supervised national trust bank, Robinhood's Layer 2 blockchain surpassing $70 million in bridged ETH, and Metaplanet's plans to develop Bitcoin-backed tokenized credit products. He also covers the rapid growth of prediction markets, now projected to reach $240 billion in trading volume this year.
The episode also explores Polymarket's push for U.S. margin trading, a new AI-powered "Internet Court" backed by…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.