The Dypto Times - The Washington Crypto Rollercoaster Continues

Per usual, there is some good news this week and some not-so-good news. While the good news is amazing, some of the not-so-good news really caught us by surprise.

It was another wild one in the crypto space, we’ll say that. Let’s get after it.

From the Dypto Crypto Newsroom

BlackRock Uses Blockchain to Bring Transparency to TradFi

TLDR

• BlackRock is using blockchain to track one of its funds.

• They recently filed for approval with the SEC.

• Fidelity filed to track one of their funds last month.

BlackRock, the world’s largest asset manager, is no stranger to outside-the-box thinking. They were one of the big names to go live with a BTC ETF when they were approved. It was only a year and a half ago, but time flies in crypto, doesn’t it?

Then, they recommended a 2% allocation of BTC in investor portfolios. We said, “Ok, BlackRock. Ok.” 

To us, that was a massive step in the right direction. But now it would appear that BlackRock is on the actual crypto train and going full-steam ahead. They’re using blockchain, not just buying up digital assets.

Why use cases matter.

Use cases are what’s going to take blockchain from fringe to mainstream. And there is no such thing as too many. Once it's being used in a variety of different industries, crypto, DeFi, and everything else will likely follow.

Whether you’re just starting to explore the blockchain world or have been knee-deep in crypto since the Bitcoin pizza days, there are a few other takeaways to think about:

• Institutional appeal - BlackRock’s blockchain use case isn’t flashy, but it’s practical. Leveraging blockchain to verify ownership records for large institutional players introduces much-needed transparency without adding speculative risk. 

• Mainstream validation - Whenever BlackRock moves, the broader financial world takes notice. With over $150 million tied to these efforts in just one fund, it’s safe to say this isn’t some side project. 

• Using blockchain for its intended purpose - Blockchain was invented for trust, transparency, and efficiency. BlackRock using it as a transparency tool (and not as a product to hype) shows that enterprises are finding ways to harness crypto and blockchain innovations responsibly.

Read the full article at Dypto Crypto

The MetaMask Card Is Coming to a Wallet Near You

TLDR

• The new MetaMask Card is here for all of you DeFi lovers who want to spend stables without using a centralized exchange.

• It’s a Mastercard.

• And yes, it is available in the US!

For years, crypto naysayers would scoff. They’d say, “You can’t even spend it like real money!” Then, centralized exchanges started coming out with cards. They scoffed again, saying, “But you have to send it from your precious DeFi ecosystem to a CEX. So much for decentralized finance!” They were technically right, too. For every solution, there was another problem. But is all of that about to change?

If you’ve been seeking an easier way to spend your crypto in the real world, MetaMask might have just delivered the answer. The wallet provider is introducing the MetaMask Card. The new crypto payments card will allow you to spend your stablecoins anywhere Mastercard is accepted, bridging the gap between digital assets and everyday transactions.

Why the MetaMask card is so important. 

This is it, guys. This is what we’ve been waiting on for years. Your money. Your keys. Your crypto. The ultimate use case that may finally make all of the naysayers stop talking. 

Spend what you earned working your tail off, however you see fit, without a corporation “managing” it“on your “behalf” that you didn’t ask for but still have to pay for.

The MetaMask Card simplifies how users spend their digital assets by dismantling the barriers between crypto and mainstream commerce, empowering users to put their funds into action like never before.

At its heart, the MetaMask Card signals an evolution in crypto usability, making digital assets feel less otherworldly and more…spendable.

Read the full article at Dypto Crypto

1inch Launches on Solana to Bring Faster Swaps to DeFi

TLDR

• 1inch is a DeFi aggregator.

• It provides efficient swaps, using algorithms to find the best deals for traders.

• The protocol has officially launched on Solana.

The DeFi space just got a major upgrade. 1inch, the go-to aggregator for swapping tokens at the best rates, has officially launched on Solana. 

If you’re a Solana user or a meme coin enthusiast, this is news you’re going to want to pay attention to. Here’s what this integration means for your swaps, wallets, and decentralized finance’s future.

Why this news is huge for DeFi.

If you’re a DeFi user or aching to make your first meme coin trade, the 1inch-Solana integration is a win. Here’s why you should care:

• For Traders: Enjoy faster, cheaper trades with fewer headaches. 

• For Everyone: The promise of cross-chain swaps eliminates ecosystem silos, giving you more options and freedom in your DeFi journey. 

It’s a matter of better swaps for better results. With enhanced efficiency, unmatched security, and future-forward plans for cross-chain functionality, the move sets a new benchmark for DeFi performance.

Read the full article at Dypto Crypto

Question of the Week

From TikTok - “Why are millions of people choosing crypto over banks?”

A different user, “Cash is king. If it isn’t money in your hand, it’s not real money.” 

We’ve heard this one before. We ready…

Meme of the Week

Source

Deep Dive - Senate Democrats Shift Stance on GOP-Led Stablecoin Bill 

A group of Senate Democrats, previously supportive of crypto-friendly legislation, announced their opposition to the current version of the GOP-led stablecoin bill on Saturday.

The proposed legislation, championed by Senator Bill Hagerty (R-Tenn.), aims to establish the first U.S. regulatory framework for stablecoins. This is one of two stablecoin bills going through Congress right now, with the other being the STABLE Act.

On Saturday, nine Senate Democrats released a statement citing several unresolved issues in the bill. 

They expressed concerns over key areas, including anti-money laundering provisions, oversight of foreign issuers, national security implications, and financial accountability. These lawmakers warned they “would be unable to vote for cloture,” essentially halting the bill in its tracks if brought to the Senate floor in its current form. 

What’s striking? Four of the nine Democrats who signed the statement had previously voted in favor of the measure when it cleared the Senate Banking Committee in March. Notable signatories include Ruben Gallego (Ariz.), Mark Warner (Va.), Lisa Blunt Rochester (Del.), and Andy Kim (N.J.). 

The stakes are high for the crypto industry. Passing this bill would represent a historic win for digital currency proponents, allowing them to operate under a clear, federally approved framework. This could boost confidence in cryptocurrencies and encourage further investment and innovation. 

Failure to pass the legislation, however, could delay much-needed clarity for stablecoin issuers, leaving them to operate in a murky regulatory environment.

The Senate is expected to begin considering the bill in the coming days, with the first procedural vote likely next week. If the bill fails to gain sufficient Democratic support, it could be sent back for further revisions or shelved altogether. 

Read the full article at Dypto Crypto

Question of the Week Answer

Well, here’s the deal — crypto isn’t about ditching cash because people hate the feel of paper. It’s about freedom. Cash will always be around. But as far as investing, you can’t go to the grocery store and buy eggs with Amazon stock, right? Liquidating that asset and getting it into your bank will take a week if you’re lucky.

Crypto? You can liquidate or borrow and have that in your account instantly and ready to use with something like the new Metamask card.

Banks have fees, rules, delays, and a lot of "sorry, that's not possible right now." 

Crypto? It doesn’t care if it’s 2 AM on a Sunday. It’s your money, your rules, no middleman taking their cut. 

Plus, crypto has a built-in permissionless trust system (blockchain) that doesn’t require a gold-plated building to back it up. Yeah, “cash is king.” But cash as an investment vehicle (think savings accounts, CDs, and T-bills) is really only profitable in the short to mid-term. The best case scenario is to park some long-term cash for an emergency fund. That’s about it.

Anything longer than that will be eaten alive by inflation. And sending money to another country? You’ll be destroyed by fees. Have you ever sent money from one bank to another, even domestically? How long did it take? We bet it didn’t take seconds. That’s the speed of blockchain. 

Crypto’s here because people want control, speed, and transparency — without asking permission.

Closing Shenanigans

Thanks for reading. Dypto Crypto is a safe place where crypto newbies can learn and ask questions to help them make informed decisions in this exciting and volatile world. We’re having a lot of fun with YouTube shorts and TikTok. 

So check out those videos and some of our website's tools. Feel free to ask questions on our social platforms or the site. Thanks for subbing! We’ll see you next week. We hope you guys are enjoying the newsletter, and we’d appreciate some feedback. Feel free to reach out on social media and let us know how we did on the first try.