The Drop #43
Q3 2025 stablecoins briefing, AI in commerce, Stripe blockchain fundraising, ACPR approval for Lise, plus exclusive interviews with IG and ODDO BHF.
📑 Briefing: Stablecoins in Q3 2025
🤖 Stablecoins, AI Agents, and Commerce
💳 Fundraising for Stripe's Blockchain
🇪🇺 Lise Obtains ACPR Approval
🎙️ Exclusive Interview with IG
🎙️ Exclusive Interview with ODDO BHF
📑 The institutional dynamics of stablecoins in Q3 2025
A complete overview of the stablecoin market in the third quarter of 2025, a pivotal period marked by the institutionalisation of the sector, the rise of blockchains dedicated to payments, and the consolidation of a new digital monetary order dominated by the dollar and the Tether-Circle duopoly.
🤖 Stablecoins and AI agents: the foundations of autonomous commerce
AI agents capable of transacting via stablecoins herald the advent of a partially autonomous economy. Between the promise of efficiency and the risk of drift, this new era is redefining trust, regulation and the role of human beings in digital finance.
💳 Tempo: Stripe's blockchain raises $500 million
Stripe's blockchain, Tempo, has just raised $500 million for a record valuation of $5 billion. Backed by Thrive Capital and Greenoaks, this funding puts the project at the heart of the global battle for stablecoin infrastructures.
🇪🇺 Onchain exchange: Lise obtains approval, the race accelerates in Europe
French company Lise has just obtained authorisation from the ACPR to operate a blockchain-based trading and settlement system, a first in France. Germany's 21X and Lithuania's Axiology have already obtained authorisation.
🎙️ Alexandre Baradez (IG): "I feel more confident about Bitcoin today than about the S&P 500"
As the US equity markets show their first cracks, Alexandre Baradez, strategist at IG, deciphers the signs of mounting tension in private credit and the regional banks. He looks at the Fed's strategy, the uncertainties surrounding the trade war between Washington and Beijing, the surge in gold prices... and explains why, despite the recent correction, he remains more confident about Bitcoin than Wall Street.
🎙️ Guy de Leusse (ODDO BHF): "EUROD holders will be able to generate onchain returns".
After more than two years in development, Franco-German bank ODDO BHF has launched its own stablecoin, EUROD. In this interview, its Chief Operating Officer, Guy de Leusse, explains the ambitions of the project and the strategy chosen to help it grow: relying on decentralised finance.