The World Is Never Getting Off Government Stimulus

The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.

Breakdown 10.31

The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.

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This episode is sponsored by Crypto.com, Nexo.io and Elliptic.

On this week’s weekly recap, NLW looks at:

  • Bitcoin’s resilience in the face of a week where many investors went risk off, causing a drop in stocks and gold
  • JPMorgan’s dramatic three-year attitude shift around bitcoin and crypto
  • Iran stockpiling bitcoin to be able to pay for imports
  • A new round of COVID-19 lockdowns and the stimulus that will follow

This week on The Breakdown:

See also: Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.