Onramp Bitcoin Media Goldman, State Street, NYSE: The TradFi-Crypto Takeover Is Underway
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Jan 20, 2026 The discussion dives into the clash of traditional finance and crypto, highlighting State Street's entry into digital assets. Insights on tokenization reveal its potential to revolutionize equities and dollar transactions. Goldman Sachs' exploration of prediction markets adds another layer of intrigue. The hosts debate the implications of consumer versus enterprise adoption of stablecoins, while AI's influence on legislation and entrepreneurship is also examined. As incumbent banks integrate crypto strategies, the landscape of finance is rapidly evolving.
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Stablecoin Yield Is The Central Battle
- Stablecoin yield rules are the core contention in the Clarity Act markup and shape who wins custody and deposits.
- Coinbase pulled support because the bill's current form threatens platforms' ability to offer yield, per Brian Cubellis.
Tokenization Widens Bitcoin's Funnel
- Tokenization of dollars and equities will let portfolios swap between assets instantly and broaden Bitcoin's adoption funnel.
- State Street's digital asset rollout signals incumbents are building rails to on‑ramp traditional capital into digital assets, per Michael Tanguma.
Markets Moving To 24/7 Tokenized Settlement
- Exchanges and clearinghouses are moving to 24/7 settlement and tokenized deposits to reduce post‑trade delays.
- London Stock Exchange's DISH and NYSE's 24/7 work are part of the same push to modernize settlement rails.