Galaxy Digital just launched Galaxy One — a platform merging crypto, stocks, and yield accounts into a single financial hub. Coinbase is pursuing a banking charter. Stripe and stablecoin issuers are driving a yield war that could upend global banking profits. Standard Chartered warns of $1T in emerging-market capital flight to stablecoins. From TradFi’s defensive moves to FinTech’s stablecoin play, today’s Breakdown explores how the financial system’s borders are dissolving before our eyes. Enjoying this content? • SUBSCRIBE to the Podcast: https://pod.link/1438693620 • Watch on YouTube: https://www.youtube.com/@TheBreakdownBW • Subscribe to the newsletter: https://blockworks.co/newsletter/thebreakdown • Join the discussion: https://discord.gg/VrKRrfKCz8 • Follow on Twitter: • NLW: https://twitter.com/nlw • Breakdown: https://twitter.com/BreakdownBW
The TradFi-Crypto Fusion Is Here
Galaxy Digital just launched Galaxy One — a platform merging crypto, stocks, and yield accounts into a single financial hub. Coinbase is pursuing a banking charter. Stripe and stablecoin issuers are driving a yield war that could upend global banking profits. Standard Chartered warns of $1T in emerging-market capital flight to stablecoins. From TradFi’s defensive moves to FinTech’s stablecoin play, today’s Breakdown explores how the financial system’s borders are dissolving before our eyes. Enjoying this content? • SUBSCRIBE to the Podcast: https://pod.link/1438693620 • Watch on YouTube: https://www.youtube.com/@TheBreakdownBW • Subscribe to the newsletter: https://blockworks.co/newsletter/thebreakdown • Join the discussion: https://discord.gg/VrKRrfKCz8 • Follow on Twitter: • NLW: https://twitter.com/nlw • Breakdown: https://twitter.com/BreakdownBW