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:

  • Trump’s sweeping "reciprocal tariffs" on 185 countries, impacting markets. [See details]

  • Solana launched Solana Policy Institute to start lobbying.

This week’s question:

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📚 Our Top Reads This Week

  • Why DePIN Matters. a16z crypto. Link

  • Why Everyone Is Wrong About Stablecoins. Forbes. Link

  • Global Gaming Landscape 2025. Xsolla. Link 

  • Why MCP Won. Latent Space. Link

  • OpenAI adds 'open weight' AI models to the mix. Michael Parekh. Link

  • Crypto Market Outlook: Headwinds Becoming Tailwinds [Webinar]. Pantera. Link

  • Overview of the key building blocks in BlackRock's BUIDL. Token Terminal. Link

  • Blackbird: Revolutionizing the Restaurant Business with Blockchain. Link

Gain Your Edge

Circle’s IPO

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

Circle's IPO orbit: profitable stablecoin leader tethered to interest rates and stables regulation 🪙🏦

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.