In today’s episode, Mike and Michael discuss all things Stables and more! The guys kick things off with PayPal, discussing their PYUSD Stablecoin launch and what it means for the wider ecosystem and future Stablecoin market structure. We then take a closer look at Coinbase’s Q2 earnings, before touching on future Rollup value accrual. We then close with a Ripple update, Cantina (Web3’s security marketplace), the endgame for Stablecoins, and more!
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Timestamps:
00:00) Introduction
(02:21) PYUSD: PayPal stablecoin
(07:10) Future Stablecoin Market Structure
(11:04) Coinbase Update
(24:12) Portnoy's Barstool Sports $1 Buy Back
(25:43) Rollup Value Accrual
(44:16) Ripple XRP Update
(49:37) Web3 Security Marketplace: Cantina
(54:43) News-to-price Incongruities
(57:48) The Stablecoin Endgame
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Resources:
PYUSD: PayPal stablecoin:
https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd
Coinbase earnings:
https://blockworks.co/news/crypto-stocks-stumble-earnings
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Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.