🥛 Stripe is coming for crypto 👀

PLUS: A new $1B crypto fund is coming soon... 💰                                                                                                                                                                                                                                                                                                                                                                                                                 April 26, 2024 | [Read Online]( [fb]( [tw]( [in]( [email](mailto:?subject=Post%20from%20Milk%20Road&body=%F0%9F%A5%9B%20Stripe%20is%20coming%20for%20crypto%20%F0%9F%91%80%3A%20PLUS%3A%20A%20new%20%241B%20crypto%20fund%20is%20coming%20soon...%20%F0%9F%92%B0%0A%0Ahttps%3A%2F%2Fmilkroad.com%2Fdaily%2Fstripe-is-coming-for-crypto) Today’s edition is brought to you by [Polkadot]( – a scalable, interoperable & secure network protocol for the next web, built by Gavin Wood and others. [Learn about Polkadot’s innovative technology!]( GM. This is Milk Road, the only newsletter that gives you that last day of school feeling. Every single day. Here’s what we got for you today: - Crypto 🤝 Stripe - Pantera Capital is raising a new $1B crypto fund 💰 - The Milk Road Rollup is in! 🎙️ - This CryptoPunk sold for $12.4M 🍪 [Prices as of 12:30 PM ET. Click here for our Fear & Greed Index]( CRYPTO 🤝 STRIPE  After 6 long years… crypto payments are coming back to Stripe! - The fintech giant will begin supporting transactions in [USDC stablecoins](. - Transactions instantly settle on-chain and automatically convert to fiat. - Payments can be settled on the Solana, Ethereum, and Polygon blockchains. - Stablecoin payments will be integrated into the checkout suite in a few weeks. Here’s a quick demo of how it works: [Source: @collision]( Why this matters: Stripe is a behemoth… - It has a $65B valuation. - It processed over $1T in transactions last year. So the fact that Stripe is taking another serious look at crypto payments is a big deal! If we had to dumb it down to one tweet, here you go… [Source: @danielgothits]( Milk Road Question of the Day: How are you feeling about the recent Stripe announcement? Bullish? Bearish? We wanna know! Hit ‘reply’ to this email and let us know. P.S. - But it's bad news for everyone asking to pay for [Milk Road PRO]( with crypto... It's not going to work for subscriptions (…yet) [THE BLOCKSPACE ECOSYSTEM FOR BOUNDLESS INNOVATION]( Charles Hoskinson, co-founder of Ethereum, said it best: Polkadot is what Ethereum 2.0 should have been. Polkadot makes it easier than ever to create and connect [decentralized applications, services, and institutions.]( Will there eventually be one blockchain to rule them all? Probably not, but Polkadot can help. Polkadot connects several chains in a single network, allowing them to process transactions in parallel and exchange arbitrary data – not just tokens – across any blockchain. Polkadot has a better security model, a green and efficient protocol with the lowest carbon footprint, a new standard of cross-chain communication, and transparent on-chain governance where any [DOT]( holder can vote and propose ideas. Need some help to get building? Web3 Foundation is [distributing]( 20 million USD and 5 million DOT tokens to support individuals and teams as they launch new initiatives aimed at growing the Polkadot ecosystem. [Join the movement for a better web.]( PANTERA CAPITAL IS RAISING A NEW $1B CRYPTO FUND 💰 In case you aren’t familiar with Pantera… - It launched the first cryptocurrency fund in the United States ~10 years ago - It’s been invested in [BTC]( since 2013 - The fund’s lifetime return is up 10,136% And now, Pantera is looking to raise a new $1B crypto fund. I repeat, 1 BILLION DOLLARS… - The fund will be called ‘Pantera Fund V’ (and at this pace, they’ll have more funds than ‘Fast & Furious’ has movies) - It will focus on startup equity, early-stage tokens, and liquid tokens among other assets. Why this matters: Pantera is one of the most active investment firms in crypto. According to data from [The Block](, the firm has invested in 180+ startups. More Pantera funds = more money going into crypto startups and the rest of the ecosystem. Not to mention crypto startups have been a roll recently. They’ve been raising funds left & right. Here were some of the most interesting ones we saw this week: - [Movement Labs]( raised $38M to bring Facebook's Move Virtual Machine to Ethereum. - [Aligned Layer]( raised $20M to create a verification layer for zero-knowledge proofs. - [InfiniGods]( raised $8M to build web3 mobile games. - [Natix]( raised $4.6M to develop real-time mapping data. And with more crypto funds launching soon, we expect a lot more startups to raise money in the near term! THE MILK ROAD ROLLUP IS HERE 🎙️ It's Friday, which means the Weekly Rollup just hit Milk Road Radio—your weekly briefing on what matters for your crypto bags! 💰 This week we talk about: - Runes Alpha 🚨 - SocialFi Summer ☀️ - Renzo’s Depeg 👀 - … and more! [YouTube]( | [Spotify]( | [Apple Podcasts]( BITE-SIZED COOKIES FOR THE ROAD 🍪 [ZKX is part of the Starknet DeFi Spring campaign, allowing users to earn $STRK rewards based on their trading activity and open interest on ZKX OG and PRO Trade exchanges.]( Start trading now!* [CryptoPunk #635 sold for 4,000 ETH (worth $12.41M) yesterday](. It’s this year's 3rd most expensive NFT sale and 6th most expensive CryptoPunk sale of all time. [Cryptocurrencies and stocks slid yesterday after the recent GDP report showed economic growth is slowing faster than expected](. Gross domestic product (GDP), which broadly measures goods and services produced in the first quarter, increased by 1.6% year-over-year (and missed analysts’ expectations of 2.4%). [Immutable is launching a $50M ‘gaming rewards program’](. Players can get rewards immediately by exploring quests, playing games, and owning collections on Immutable. [Franklin Templeton has enabled peer-to-peer transfer for its on-chain U.S. Government Money Fund](. Fun fact: Franklin Templeton leads the ‘tokenized U.S. treasuries’ industry with a 32% market share. [USDT's exchange balance hit its highest level in a year and keeps rising](. Exchanges’ USDT balances tend to grow when more people are holding the asset on the exchange or if more traders want to sell the asset than buy it. [Wanna team up with the Milk Man?]( We currently have 6 positions open – check ‘em out and [apply here](! *This is sponsored content MILKY MEMES 🤣 [Source: @TheBTCTherapist]( [Source: @alancarroII]( RATE TODAY’S EDITION What'd you think of today's edition? [🥛🥛🥛🥛🥛 F**king great]( [🥛🥛🥛 Meh, do better]( [🥛 You didn't bring the heat]( ROADER REVIEW OF THE DAY VITALIK PIC OF THE DAY [tw profile: Milk Road Images] Milk Road Images @MilkRoadImages [tw] TGIF Apr 26, 2024 0 Likes 0 Retweets 0 Replies DISCLAIMER: None of this is financial advice. 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