Posted by Alumni from Substack
December 12, 2024
Good morning & happy Thursday! Today's issue is really hot as we're going to look into the rise of stablecoins, which just hit a market capitalization of $200 billion (key drivers pushing this, why it matters & what's next + some bonus reads on crypto & stables inside), and Mercado Libre & Nubank whose battle is reshaping LatAm's banking landscape (holistic recap of what's happening, why it matters & what's next + bonus deep dives into the latest financials of NU & MercadoLibre and why you should be super bullish on both of them). Let's just jump straight into the fascinating stuff '' This represents a remarkable 13% increase over the past month, driven by increased crypto trading activity, growing adoption in developing markets, and attractive yields in decentralized finance (DeFi) platforms. Not too shabby! ' learn more