Haseeb Qureshi breaks down why crypto markets have become numb to CLARITY Act headlines, and explains why Western Union partnering with Dragonfly portfolio company Rain signals stablecoins are already eating into legacy payment margins. He also makes the case that tokenized deposits are "basically uninteresting" compared to stablecoins, and questions whether Tempo's Open USD consortium is a real commitment or just a free option for its backers.

Haseeb Qureshi is a Managing Partner at Dragonfly, a leading digital assets venture capital firm with investments spanning stablecoins, infrastructure, and consumer crypto applications.

The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.

Timestamps:

00:00 Markets Are Sluggish

08:15 Western Union Bets On Rain

12:23 Tokenized Deposits Vs Stablecoins

17:56 Real Innovation Vs Fake Crypto

23:13 Is Open USD Just A Free Option

26:21 Stripe's Not Betting That Hard

35:07 Why Rain Could Be Enormous

Guest Socials:

Haseeb X: https://x.com/hosseeb

Dragonfly X: https://x.com/dragonfly_xyz

Dragonfly Website: https://www.dragonfly.xyz/

Partners:

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Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.

Learn more here: https://www.zama.org/

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Haseeb Qureshi: Why The Market Doesn't Care About CLARITY (Here's Why)

The Rollup

Haseeb Qureshi: Why The Market Doesn't Care About CLARITY (Here's Why)