Senate passes first US stablecoin law as Circle IPOs and JPM launches tokenized deposits.

🎙️ In this end-of-month news episode of Bitcoin, Fiat & Rock’n’Roll, hosts Jonas, Alex, and Michael unpack the hottest developments in digital finance during June 2025 – and what a month it was.

The stablecoin hype continues with regulatory history being made: the U.S. Senate passed the Genius Act, the first major stablecoin regulation in the U.S. This bipartisan legislation sets clear rules for reserve backing, consumer protection, and issuer licensing, marking a pivotal step toward mainstream stablecoin adoption. But will combining it with the broader Clarity Act derail its momentum?

Meanwhile, Circle’s IPO hit the New York Stock Exchange – and made headlines. With a valuation nearing $50B, it surpassed even Deutsche Bank, making it one of the most successful (and underpriced) IPOs in decades. Is this sustainable or just a reflection of FOMO in the stablecoin gold rush?

We also dive into JP Morgan’s bold move: launching the JPMD tokenized deposit on Coinbase’s Base – a first for a major bank on a public blockchain. What does this mean for the future of bank-issued money and the evolving lines between stablecoins and deposit tokens?

On the market side, Bitcoin hovered around $107K despite geopolitical shocks, with new players like Paris Saint-Germain and Pakistan building Bitcoin reserves. ETH remained steady, and we reflect on our ETH “alpha” moment earlier this year 👀.

Plus: • Why Stripe’s acquisition of wallet provider Privy shows real-world crypto payments are coming fast. • Circle vs. Tether: why Genius gives Circle the edge. • Could Europe be falling behind as the U.S. projects “crypto-mercantilism” to defend the dollar?

Don’t miss our closing Knowledge Bites, including new papers on Bitcoin reserves, financial sovereignty, and a deep dive into the regulatory arms race between the U.S. and EU.

🎧 Subscribe now to Bitcoin, Fiat & Rock’n’Roll and follow us on YouTube, LinkedIn, and Telegram. Europe’s digital currency voice – straight to your ears.

Bitcoin #Stablecoins #DigitalEuro #GeniusAct #CryptoNews #ETH #CircleIPO #JPmorgan #Stripe #CBDC #Podcast

Knowledge Bite Jonas: Digital Euro Association: “The Role of Stablecoins in Financial Sovereignty” Knowledge Bite Alexander (German version): Börsen-Zeitung: “Bitcoin-Reserve: Genialer Schachzug oder kostspielige Fehlentscheidung?” Knowledge Bite Alexander (English version): Alexander Bechtel: “Bitcoin Reserve: Genius move or costly mistake?” Knowledge Bite Michael: European Parliament Think Tank: “Cryptomercantilism vs. Monetary Sovereignty: Dealing with the Challenge of US Stablecoins for the EU” BFRR E340: US vs EU: The Stablecoin Policy Divide

BFRR E346: Scaling B2B Stablecoin Payments: SAP’s Digital Currency Hub

BFRR E348: From Citi Bank to Stablecoins: Tony McLaughlin’s Bold Pivot

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