We Study Billionaires - The Investor’s Podcast Network cover image

BTC016: Bitcoin Super-Cycle w/ Dan Held (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

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Kraken's Banking Evolution

This chapter explores Kraken's bid for a bank charter and its transition into a full reserve bank, shedding light on the implications for FDIC insurance and lending services. It discusses the historical challenges faced by Bitcoin companies in banking relationships while analyzing new opportunities for earning interest on deposits through stablecoins. The chapter further examines the intricacies of lending and borrowing within the cryptocurrency space, including the role of the Lightning Network and collateralization strategies.

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