Base Hands Its App to Cobie, Stripe Makes a $53B Move in Stables, Trump to Meet Today on Clarity Act episode artwork

EPISODE · Jul 16, 2026 · 47 MIN

Base Hands Its App to Cobie, Stripe Makes a $53B Move in Stables, Trump to Meet Today on Clarity Act

from FOMO HOUR: A Daily Crypto & Web3 News Show · host Decrypt Media

Crypto majors are mostly red in midweek pullback; BTC -1% at $64k; ETH +-.3% at $1,885; SOL -2% at $76; HYPE -3% at $65.75. ONDO (+15%), PYTH (+7%), VIRTUALS (+6%) and Mantle (+3%) led top movers. Oil even at $80; Gold even at $4,035. Stock futures are mixed; DOW +0.2%, Nasdaq -0.7%. Stripe bid $53 billion to acquire PayPal alongside Advent, a deal that would merge Stripe's Bridge and Tempo stablecoin rails with PayPal's PYUSD. Strategy’s CEO said the company feels “very secure” until Bitcoin hits $8,000-$10,000. Trump is expected to attend a White House meeting later today to hash out the CLARITY Act’s contested ethics section. Cantor Fitzgerald and Securitize are collaborating on blockchain-based IPOs, pushing tokenization from secondary trading into primary issuance. South Korea will modify a 76-year-old law to classify crypto as national assets, a foundational step toward integrating it into the financial system. Japan reclassified crypto as a financial asset, paving the way for a flat 20% capital-gains rate. Chamath published a 73-page report on crypto privacy, evaluating the models of Monero and ZCash amongst others. Powered by https://myriad.markets/markets 

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Base Hands Its App to Cobie, Stripe Makes a $53B Move in Stables, Trump to Meet Today on Clarity Act

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