Market Trends & Risks - Banks are wary of crypto primitives like stablecoins due to potential impact on their business [1] - Stablecoin issuers are restricted from paying interest due to lobbying efforts, impacting market dynamics [1] - A potential financial crisis could drive individuals to self-custody solutions to limit counterparty risk against banks [1] - Banks may impose restrictions on withdrawals and CEXes to limit consumer deposit flight during a financial crisis [1] Regulatory Landscape - The new GENIUS Act bars stablecoin issuers from paying interest or yield to holders [1] - Regulatory actions and political figures could exacerbate the impact of a financial crisis on the crypto market [1] Investment Opportunities & Strategies - Increased demand for self-custodied and private money is anticipated in a financial crisis scenario [1] - Hardening private money systems in crypto is crucial to prepare for potential financial instability [1]
X @mert | helius.dev
mert | helius.dev·2025-10-17 13:31