Remember Gatsby’s green light? Today, the SEC greenlighted stablecoins: 1:1 dollar-backed tokens are not securities, ending years of uncertainty and opening the door for real crypto adoption. This is big and makes us hope for more. More here.

We’re also soft-launching our enterprise intelligence service. If you’re exploring loyalty, stablecoins, payments, RWA, AI agents, DeAI or other Web3 & AI infrastructure plays — but struggling to assess real market maturity, vendor reliability, or which tech to bet on — we built this for you.

Other key signals you can’t miss:

Circle has filed an S-1 for an IPO, with revenue jumping from $15.4M in 2020 to $1.7B in 2024.

What you should know: Circle reported $156M in net income and $285M in Adjusted EBITDA for 2024. The IPO is reportedly targeting a $4B to $5B valuation.

Why it matters: Circle’s IPO is a major test for stablecoins and crypto’s integration into traditional finance. It brings regulatory scrutiny, financial transparency, and institutional validation and sets a precedent for other crypto firms looking to go public.

By the data: USDC’s market cap doubled in the past year to $60B. Tether (USDT) remains dominant with a market cap of over $140B.