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The Wolf Of All Streets

The Most Bullish News For Crypto

Apr 26, 2024
Crypto expert Nathaniel Whittemore joins the host to discuss Bitcoin halving, Stripe's return to crypto payments with USDC stablecoin, Tether's fate, ETF flows, Samourai wallet, IRS & self-custody, Consensys vs SEC, and proposed tax policy impact on billionaires and founders.
33:23

Podcast summary created with Snipd AI

Quick takeaways

  • Stripe's reintroduction of crypto payments with USDC signals a return to dealing with crypto and emphasizes the importance of stablecoins.
  • The stablecoin bill aims to ban unbacked stablecoins, favoring stablecoins from US banks and potentially allowing major Wall Street players into the market.

Deep dives

Stripe Brings Back Crypto Payments via USDC Stablecoin

Stripe has reintroduced crypto payments using USDC after stopping them in 2018 due to Bitcoin's volatility. This move signifies a return to dealing with crypto and highlights the significance of stablecoins. The exclusive use of USDC for crypto payments aligns with the logic of stablecoins being a practical choice for transactions.

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