Pantera Capital investor on Hyperliquid's USDH, Paradigm's Tempo, and the massive potential of stablecoins
Description
In this episode of the Crypto Beat, Tim Copeland and Kelvin Sparks are joined by Mason Nystrom, Junior Partner at Pantera, to discuss how stablecoins could be the tech that transforms fintech fails to be more internet blockchain native, what the Hyperliquid USDH bidding war signals for capturing payment flow, and the tokenization of real-world assets including collectibles like Pokemon cards.
OUTLINE
00:00 - Introduction
01:44 - Mason’s origin in crypto
03:35 - Research vs. VC investing
04:46 - The $1T stablecoin thesis
06:31 - Tempo: Stripe/Paradigm’s payments L1
08:55 - Retail upside & neutrality questions
14:18 - Why Stripe self-disrupts
20:12 - Hyperliquid’s USDH bidding war
23:43 - RWAs: tokenized collectibles
28:48 - Launchpads & DeFi platformization
33:08 - SocFi: Pump.fun vs. FriendTech
43:59 - Prediction markets & regulation
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Guest links:
Mason Nystrom - https://x.com/masonnystrom
Pantera - https://x.com/PanteraCapital
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