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🇧🇷 Nubank Has a New Neighbor in Brazil. U.S. Bank Breaks Ground With Built (Not Bilt). Circle Got Punk'd on April Fools'.
Published 6 months, 3 weeks ago
Description
TikTok just applied for two fintech licenses in Brazil — and Nubank's stock moved 6% the same day. We break down what ByteDance is really building and why it's a bigger threat than it looks. Then, U.S. Bank quietly picked one of the most important construction lending partners in the industry — and no, it's not the Bilt you know. We close out April Fools' Day with Liquity's fake Circle acquisition tweet that pumped a token 5% and landed the project in a market manipulation conversation. Big day for fintech, weird day for crypto.