Kalshi Eyes Perpetual Futures Expansion as Polymarket Moves First
Kalshi plans a move into crypto perpetual futures as Polymarket launches its own perps product, setting up a high-stakes race between prediction market platforms and major exchanges.
Latest
Lorenzo Letter #13: Polymarket Reveals Stablecoin Plans
Polymarket gears up for platform overhaul, Morgan Stanley enters the spot BTC ETF market, and more CLARITY Act chaos in Washington.
CLARITY Act Advances Toward Senate Vote as Stablecoin Debate Intensifies in Washington
Lawmakers push the CLARITY Act toward a Senate vote as debates over stablecoin yield, banking risks, and crypto regulation intensify in Washington, signaling a pivotal moment for U.S. digital asset policy.
Polymarket Plans Native Stablecoin as Part of Major Exchange Overhaul
Polymarket plans a major exchange upgrade with a new trading engine and native stablecoin, Polymarket USD, as it scales infrastructure and prepares for U.S. expansion.
Lorenzo Letter #12: Franklin Templeton Launches Franklin Crypto
Franklin Templeton deepens crypto push, Tether engages Big Four account firm for long-awaited audit, and Nium launches a stablecoin card issuance platform.
Nium Launches Stablecoin Card Issuance Platform
New API enables businesses to spend stablecoins globally through Visa and Mastercard networks
Tether Engages Big Four Firm for First Full Audit of USDT Reserves
Move beyond attestations signals a shift toward institutional-grade transparency for the world’s largest stablecoin
Lorenzo Letter #11: Crypto Comes To US Mortgages
Coinbase introduces crypto-backed mortgages, David Sacks steps down from Crypto Czar role, and a USR exploit leads to over $6M in losses.
sUSD1+ OTF Redemption Guide
Complete guide to withdrawing your sUSD1+ OTF funds.
David Sacks Steps Down as White House Crypto Czar as Key Legislation Remains Unresolved
After 130 days shaping the administration’s digital asset agenda, Sacks exits his formal role with major policy efforts still in progress.
Lorenzo Letter #10: Bear Market Spoils Kraken IPO
Kraken pauses its IPO amid cooling crypto markets, Mastercard acquires BVNK in a $1.8B push to connect stablecoins with fiat rails, and Tally shuts down as declining demand and shifting regulation challenge the role of DAO governance.
Mastercard To Acquire BVNK In $1.8B Deal To Bridge Stablecoins And Fiat Rails
Mastercard is acquiring stablecoin infrastructure firm BVNK for $1.8 billion, accelerating its push to connect fiat payment rails with on-chain financial systems.
News
Lorenzo Letter #09: No FDIC Insurance For Stablecoins
FDIC confirms stablecoins won’t receive federal deposit insurance, Mastercard launches a global crypto partner program with 80+ firms, BlackRock introduces a staked Ethereum ETF, and new research explores how rising private credit risk could impact DeFi lending markets.
News
Mastercard Launches Global Crypto Partner Program
Mastercard launches a Crypto Partner Program with Binance, Ripple, PayPal, Circle, and more than 80 firms to develop real-world digital asset payment use cases.
DeFi
The Impact of Rising Private Credit Risk on DeFi Lending
How rising U.S. private credit risk could reshape DeFi lending. This analysis explores how Aave, Compound, Morpho, Maple, and 3Jane may be repriced as credit contagion, RWAs, and on-chain lending models collide.
News
Lorenzo Letter #08: Kraken Secures Fed Master Account
Kraken secures a Federal Reserve master account, Trump backs the crypto industry in a dispute with banks over stablecoin yield, and Citi expands its digital asset strategy with plans to launch institutional bitcoin custody.
News
Trump Backs Crypto Industry in Dispute With Banks Over Stablecoin Yield
President Donald Trump publicly backed the crypto industry in its dispute with banks over stablecoin yield, adding pressure to pass U.S. crypto market legislation.
News
Citi Accelerates Bitcoin Custody Push as Wall Street Deepens Crypto Integration
The banking giant moves to make bitcoin “bankable” while traditional finance adapts to always-on, tokenized markets.
News
Lorenzo Letter #07: Meta Stablecoin Rumors Swirl
Meta explores third-party stablecoin payments, Binance revives tokenized U.S. equities with Ondo, and World Liberty Financial proposes staking-based governance tiers tied to USD1 incentives.
News
World Liberty Financial Proposes Governance Staking System for WLFI Token
World Liberty Financial proposes a major WLFI governance staking system, introducing tiered participation and new USD1-linked incentives.
News
Binance Revives Tokenized Stocks Push With Ondo Partnership
Binance partners with Ondo Finance to relaunch tokenized U.S. equities on Binance Alpha, expanding 24/7 blockchain-based stock trading to global users.
News
Meta Explores Stablecoin Payments Integration for Potential 2026 Launch
Meta is reportedly exploring stablecoin payments through third-party partners, with a potential rollout targeted for the second half of the year.
News
Lorenzo Letter #06: Stablecoin Gridlock In Washington
Stablecoin payroll expands in Europe, Kraken reshuffles leadership ahead of its IPO, and White House talks stall over stablecoin yield rules as U.S. crypto regulation remains in flux.
News
Stablecoin Yield Debate Continues as White House Talks End Without Resolution
White House talks between banks and crypto leaders ended without agreement on stablecoin yield rules, leaving the Clarity Act stalled as negotiations over digital asset regulation continue.