Sep 10 — TradFi buys into crypto, stablecoin volumes surge

• ICE paid $2 billion for Polymarket — NYSE's parent acquiring a crypto-native prediction market is one of the clearest signals yet that Wall Street sees on-chain platforms as core infrastructure. • Visa's stablecoin settlement volume hit a $20B annualized run rate, up 15x year-over-year — that pace of growth signals stablecoins have crossed from niche to mainstream payments rails. • Robinhood took equity stakes in Crypto.com and OG.com at a $20B valuation — deepening retail brokerage ties to major exchanges reshapes the competitive landscape and validates platform valuations at scale.