Startups, Revenue Pressure, and Token Incentives

Today the panel discusses the banking lobby’s push for regulatory clarity, the Stablecoin bill’s impact on Coinbase/Circle, and DTCC’s upcoming tokenized securities pilot. They explore why institutions are choosing public blockchains like Ethereum, debate token valuations vs. infrastructure-like economics (TCP/IP vs. applications), and examine permissionless innovation, DeFi, and long-term competitive dynamics in crypto.

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