Not Investment Advice 220: Stablecoin Opportunity, Circle’s $25B+ IPO, WhatsApp Gets Ads & Meta’s $15B Scale AI Deal
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Jun 18, 2025 Dive into the quirky world of stablecoins and the buzz around Circle’s impressive $25B+ IPO. Discover how stablecoins could disrupt traditional payment methods and the current landscape of financial transactions. The conversation shifts to the unexpected intertwining of WhatsApp and advertising, raising eyebrows about privacy in the digital age. Plus, the impact of Meta’s massive AI deal and its potential to shape the future of tech is explored, all wrapped in humor and relatable anecdotes.
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High Remittance Fees Anecdote
- Sending international remittances via traditional methods can cost up to 10% in fees, like $10 on $100.
- Crypto stablecoins offer a cheaper, almost instant alternative to reduce these excessive remittance fees.
Circle's Stablecoin Model
- Circle's USDC stablecoin is backed one-to-one by USD held in treasuries, allowing instant crypto transactions.
- This model reduces payment processing fees to nearly zero and earns yield from held collateral.
Stablecoins Highly Profitable
- Stablecoin businesses are extremely profitable with minimal employees compared to traditional banks like JP Morgan.
- Tether made a quarter of JP Morgan's profits with under 1% of its employee base, showing stellar efficiency.