Michael Tanguma

Michael Tanguma

2,449 Twitter followers

Follow

CEO @onrampbitcoin Partner @early_riders Co-founder @bitcointalentco

Posts

Michael Tanguma

Two stablecoin lanes are currently forming in the space today: Circle USDC is the institutional play for banks, cross-border finance, etc. via the Circle Banking Private Network. On the other hand, Tether is the grassroots international dollar, which serves a different lane, different user, but is going the same direction. The question is who will stand in the middle to connect the fragmentation between them. These are the types of infrastructure gaps that garner an outsized opportunity. Listen to the full episode below to hear more about where we think the value concentrates.

Michael Tanguma

The dollar lost 97% of its purchasing power since the Fed was created. It was stable for 113 years before that. Tariffs didn't do this. COVID didn't do this. Oil didn't do this. The money is broken. Everything else is a cover story.

Michael Tanguma

The team at @OnrampBitcoin just published The New Money Stack. 20 pages. 10 layers. Every major player in institutional digital asset infrastructure mapped as it exists right now. Settlement. Custody. Trading. Payments. Compliance. Tokenisation. Regulation. And where the value actually settles.

Michael Tanguma

"If you need something from somebody and they demand Bitcoin, you will pay them in Bitcoin or you just won't eat." Gold has been money for a very long time. We just stopped recognizing it. Now sovereigns are waking back up. FX reserves. Settlement in Yuan. Accumulating quietly. The world is going from an era of abundance to a level of scarcity. In a unipolar world, there's a high level of trust. You can rely on a dollar system. You can feel confident the goods and efficiencies will be there. But as that starts to break down, that goes away. Completely different world. Those who have the scarce resources make the rules. Because then you need them and you need to pay them. Most people think nobody will accept Bitcoin. If you need something from somebody and they demand Bitcoin, you will pay them in Bitcoin or you just won't eat. Pretty straightforward. Full rip in the comments

Michael Tanguma

Since 2000: Money supply up 386%. CPI up 94%. That gap is the inflation that goes unreported. But you feel it every month. Rent. Groceries. Insurance. Healthcare. CPI is the story they tell you. M2 is what they actually did.

Michael Tanguma

Stablecoins are the "Dollar API" for machine commerce. But Tether has frozen $3B+ across 5k addresses. Circle depegged to $0.88 when SVB failed. Now imagine AI agents managing $15T on those rails. Lightning needs no issuer and no permission. ⚡️ Weekly Market Brief 👇

Michael Tanguma

Morgan Stanley is launching its own spot Bitcoin ETF. The Treasury just classified AI agents as financial infrastructure. Iran is charging $2M per ship to transit Hormuz. One week. Full breakdown in The @OnrampBitcoin Weekly Market Brief, link to the full report in the comments

Michael Tanguma

foreign ownership of US treasuries peaked at 55% in 2008. today its around 30% the rest of the world is walking away from US debt. not slowly. that drop at the end of the chart is a cliff someone still has to buy the debt. if foreigners wont, the fed has to. and the fed buying its own governments debt has a name its called the printer

Michael Tanguma

Matthew spent years as a bitcoin vagabond. Bouncing between solutions. Never fully comfortable. Onramp ended that. No one can physically extract his bitcoin. His kids and grandkids are covered. The most secure custody architecture available. He stopped searching. He found home.

Michael Tanguma

Morgan Stanley's 14 bps Bitcoin ETF is the most significant institutional development in digital assets this quarter. They're the first bank issuer, not a manager. With $9T in client assets and 16,000 advisors. They've already formalized a 0–4% allocation band. If even 0.5% of client assets flow in, that rivals Blackrock’s entire Bitcoin ETF. The ETF is just the first move though. Morgan Stanley is building in-house custody and trade execution. They're reducing Coinbase dependency and positioning to offer lending, SMAs, and structured products against BTC holdings. For context: IBIT sits at ~$60–70B AUM. Fidelity's FBTC holds ~200K BTC. Analyst estimates put Morgan Stanley at 200–250K BTC by year end. And they're waiving fees on the first $5B to accelerate. The convergence of banking and digital assets is here. Full episode of Final Settlement breaks down why this changes the competitive landscape.

Loading..