Tuesday, December 16 - Here are the Headlines:

Token vs Equity Crisis Goes Nuclear - Axelar, Aave, and Stream Finance
OCC Grants National Bank Charters to Ripple, Circle and Others
DeFi Saver Upgrades Smart Savings - Composable Yield Infrastructure Matures
PayPal’s PYUSD Offensive - Savings Vault Launch Plus Bank License Application
Lighter Ready for Token Launch After Raising $68M in Mixed Equity-Token Deal?

QUICK BITS

Trump says he’ll “look at” pardoning Samourai Bitcoin wallet developers - signaling potential clemency for crypto developers prosecuted under Biden administration’s enforcement approach.
Bitcoin active addresses just hit one-year low raising concerns about actual blockspace demand - either all the action is on CEXs or demand isn’t as strong as price action suggests.
Visa launches stablecoin settlement in US via Circle’s USDC on Solana - major payment infrastructure going crypto-native with actual production settlement not just pilots.

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