1st October 2025 > > The stablecoin revolution.

tl;dr

Visa is driving the global adoption of USD stablecoins to the benefit of all of us. Phantom has launched an intriguing initiative which can only be good for current crypto investors.

Market Snap

Market Wrap

The US government has shut down, for the fourth time in the last two decades. I know it sounds incredibly dramatic, but you won’t be surprised to hear that when vast numbers of civil servants and other bureaucrats are sent home to twiddle their thumbs, the world continues regardless. Personally, I think there is an important lesson there.

Curious Cryptos’ Commentary – Visa

Visa has announced it is looking at the feasibility of using stablecoins for international payments for its business clients. The prospect of immediate settlement at no cost is a winning combination for those who transfer funds globally, lowering the cost of capital, making those businesses more productive, and making us all wealthier. Just one of the many powerful forces unleased by the crypto revolution.

Mark Nelsen, head of product for Visa's commercial and money movement solutions, explains:

“The Genius Act changed everything. It made everything so much more legitimate. Before that regulatory clarity, all the big institutions were sort of on the fence."

Matthew Tuttle, CEO of Tuttle Capital Management agrees:

"Stablecoins are moving from crypto gimmick to financial plumbing.”

When it comes to cutting edge finance both Mark and Matthew sure know their onions.

It has been a recurring theme of the CCC for years now that wholesale adoption of cryptos requires a robust regulatory framework. The maxis don’t like it, but now it is really starting to happen it is nice to be proved to be bang-on right after all this time. Investors who paid attention to these claims of mine and decided to get involved on the back of those claims, are all reaping handsome rewards, and will continue to do so long into the future.

Curious Cryptos’ Commentary – Phantom is at it too

Phantom is best-known for the Phantom wallet which began as a Solana blockchain based crypto wallet. The product benefitted tremendously by being in the right place at the right time to become invaluable for investors in Solana memecoins. Simply transfer USDC on SOL from Coinbase or Binance, hook up to raydium.io and trade memes to your heart’s content, if that is your thing.

Phantom has announced the launch of Phantom Cash:

https://help.phantom.com/hc/en-us/articles/44799497237395-About-Phantom-Cash

Initially only available in the US (and probably never in the UK if the likes of the hapless Andrew Bailey get their way) Phantom Cash aims to be an online wallet to satisfy all your online payment needs. Funded with fiat directly from your bank account, those funds are swapped for Phantom’s new stablecoin CASH, allowing for instantaneous and free settlement from that point on. Phantom’s partners include Stripe, and yes you guessed it, Visa who are going all-in on the stablecoin revolution.

It will be a trivial matter to invest in cryptos within Phantom Cash, but with one major advantage. Because Phantom Cash must fulfil all KYC requirements, access to funds and assets within the app – though held on chain – will be via a documented username and password, plus whatever additional security measures the user wants.

In short, crypto investors using this means to invest are not exposed to the risk of losing their private keys or seed phrase.

That security brings a whole new cohort of investors into the crypto world. And we all know what that means for prices.