Episode 384

📍 Italy's data protection authority has ordered Chinese AI startup DeepSeek to block its chatbot in Italy due to concerns over the company's data collection practices and potential exploitation of users' data. 📍 Solana's stablecoin supply surged by 112% in January to a record high of $11.1 billion, coinciding with the launch of Donald Trump's memecoin $TRUMP, which caused a wave of inflows to the network and contributed to a decrease in Tether's USDT dominance. 📍 Grayscale has launched a Dogecoin Trust and filed to convert it into a spot ETF, joining other asset managers in seeking to launch DOGE ETFs in the US, as the Securities and Exchange Commission appears to be taking a more crypto-friendly stance under President Donald Trump. 📍 Ripple's XRP has seen a 33% jump in price this month, attributed to the "Trump effect," and the company has announced plans to offer tokenized treasuries on its XRP Ledger, while also lobbying for XRP to be included in any national crypto reserve. 📍 The market capitalization of all stablecoins has passed $200 billion, with Tether's USDT dominance decreasing, and other stablecoins like Ripple's USD gaining traction, as the industry continues to grow and evolve.
Episode 384

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