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Bankless

ROLLUP: Stablecoin Surge | Hyperliquid Drama | Tornado Cash Freed | Robinhood Banking

Bankless

[email protected]

Tech News, News, Technology

4.81.1K Ratings

🗓️ 28 March 2025

⏱️ 70 minutes

🧾️ Download transcript

Summary

This week, Mike Ippolito joins us to break down crypto’s big flip as institutions rush into stablecoins—triggering excitement and anxiety alike. Hyperliquid faces drama after a high-stakes market manipulation attack, BlackRock's tokenized treasuries surge to nearly $2 billion, and the U.S. Treasury finally removes Tornado Cash from its sanctions list. Meanwhile, Robinhood enters banking, raising questions about DeFi’s future. We dive into all of this and so much more.


Follow Mike on X & Checkout Bell Curve: 

https://x.com/MikeIppolito_

https://www.youtube.com/@bellcurvepodcast/videos 

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TIMESTAMPS & RESOURCES


0:00 Intro


0:56 Blockworks DAS Week Recap


6:45 Saylor’s Strategy bought more Bitcoin

https://x.com/WatcherGuru/status/1904155021781901741

https://x.com/SaylorBuysBTC/status/1904631210887836142


12:33 Stablecoin Gold Rush
https://x.com/TrustlessState/status/1905219932612178237

https://x.com/JasonYanowitz/status/1904886554708898112

https://x.com/KobeissiLetter/status/1904521913528975550


25:32 Blackrock’s BUIDL fund is expanding to Solana

https://x.com/solana/status/1904520943667716531

https://x.com/carlosdomingo/status/1904516023623028894


44:59 Hyperliquid 

https://x.com/MacroCRG/status/1904895153384357990

https://x.com/HyperliquidX/status/1904923137684496784

https://x.com/toghrulmaharram/status/1904935313081856406

https://x.com/Dogetoshi/status/1904919007930577175


1:03:10 US lifted sanctions on Tornado Cash

https://x.com/matthuang/status/1904192079691170137

https://wewantjusticedao.org/ 


1:05:55 Robinhood Banking 

https://x.com/RobinhoodApp/status/1905127283532484696


1:09:38 Closing & Disclaimers 


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https://www.bankless.com/disclosures

Transcript

Click on a timestamp to play from that location

0:00.0

Bankless Nation, welcome to the weekly roll-up.

0:06.0

Each week I'm bringing on a different co-host to help me go through the news.

0:09.0

And this week, I have the pleasure of being joined by dear friend and crypto media colleague Mike Epilito.

0:13.0

Mike, happy Friday. Glad to have you here.

0:15.0

Happy Friday, buddy. How we doing?

0:17.0

Really good, really good.

0:18.0

Really good week.

0:19.0

Really good week.

0:20.0

Interesting week. There is a lot to talk about. Michael Saylor

0:22.5

bought more Bitcoin, which is the most boring thing of the week. It only gets more exciting

0:26.6

from there. Stable coins had a big week. We're above $200 billion in supply with four new

0:31.9

stable coin slash tokenized money markets being entered into the market, or at least announced

0:36.3

BlackRock's

0:37.5

Buildil Fund, triples in size in just the last three weeks. Hyperliquid had a rocky week this week.

0:42.6

Market manipulation attack leads to an industry-wide discussion about what rules do and

0:47.7

do not apply to Hyperliquid. The U.S. Treasury finally removes tornado cash from the OFAC list,

0:53.3

and then Robin Hood announces

0:54.3

Robin Hood banking something I want to keep an eye on. That's the news of the week that I got

0:58.4

for you to talk about this week, Mike. But also, we're coming after just Das week out of the

1:03.7

blockworks ecosystem. And broadly, that was for the industry as a whole. So maybe before we get

1:08.8

into the specific news of the week, I can just kind of get your broad strokes about how you're feeling about the industry, about the fundamentals,

1:15.5

about whatever comes to mind first and foremost. Also, congratulations on Das. You got through a

...

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