@tylerfoust.eth

Morning ✌🏻 • Pyth Network launches monthly $PYTH buybacks, allocating 33% of the DAO treasury - an important signal of a stable economy, especially given that Pyth Pro has already exceeded $1 million in ARR. • Interactive Brokers will allow brokerage accounts to be funded with stablecoins - another step toward bringing TradFi and crypto closer together. • The SEC has approved the DTCC's initiative to tokenize securities - an infrastructure moment that the market may reevaluate over time. • Netflix has announced a comedy about a lost crypto wallet password worth $35 million. • YouTube will allow US creators to receive payments in stablecoins. • Coinbase will introduce prediction markets and tokenized stocks on December 17 - a possible new round of competition with TradFi platforms. • Tether plans to raise up to $20 billion at a valuation of $500 billion - the company is increasingly moving beyond just being a stablecoin. • Phantom is integrating tokenized prediction markets through a partnership with Kalshi - wallets are gradually turning into super apps. • Hyperliquid is launching margin accounts, currently in alpha, but the direction is clearly institutional. • Hex Trust will issue and store wrapped $XRP for DeFi and cross-chain applications -another sign of the XRP ecosystem's revival.

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