Remy Blair, and Kristin Smith, president of the Solana Policy Institute, discuss recent momentum surrounding Solana, particularly in light of the New York Stock Exchange. The pair explore the launch of the first U.S. Solana staking ETF by Bitwise, which has gained significant traction despite the ongoing government shutdown. Smith also highlights the innovative strategies employed by Bitwise and Grayscale to navigate regulatory challenges and successfully launch their products.
Smith shares insights from her recent meetings in Washington, D.C., where crypto leaders engaged with both Republican and Democratic lawmakers to advocate for regulatory clarity. Despite the challenges posed by the shutdown, there is a sense of optimism as discussions continue in Congress.
Additionally, Western Union is launching their stablecoin on Solana’s blockchain, emphasizing the transformative potential of this partnership to revolutionize money transfers globally.