Why Web3 VCs Need to Stop Pitching and Start Building
TokenPost·60-word summary·1 min read
Web3 venture capital firms are urged to focus on building rather than pitching, as data shows emerging fund managers outperform established ones with top-quartile returns. Despite claims of deep ecosystem ties and network advantages, many pitches are repetitive and unconvincing to liquidity providers. The industry’s structural issues highlight the need for actual development to unlock better performance.
Coinbase has expanded its USDC loan offerings to the UK, following strong demand in the US. The move allows borrowing against BTC, ETH, and cbETH, broadening access to on-chain liquidity. This international expansion signals Coinbase’s ongoing growth in crypto-backed lending, with the UK now joining the US in adopting its proven decentralized credit model.
Coinbase has launched USDC-backed crypto loans for UK users, allowing borrowing against BTC, ETH, and cbETH through Morpho on the Base network. This expansion, announced in April 2026, enables UK users to access decentralized finance options, marking Coinbase’s entry into the UK DeFi lending market with a focus on USDC collateralized loans.
ZEC's price recently broke out of a descending triangle in early April, pushing toward $400 and signaling a potential shift from its long-term bearish trend. The breakout has sparked a liquidity war, raising questions about whether ZEC will continue its upward momentum or face a fall. The move marks a significant moment for ZEC in the DeFi space.
Nasdaq-listed Antalpha disclosed nearly 2 million shares in Tether’s holdings, linked to its growth despite a 27% stock price drop. The move highlights Tether’s strategic stake in Antalpha, a key player in crypto lending. The disclosure emphasizes Tether’s expanding influence in the DeFi sector, with Antalpha’s lending business thriving amid market volatility.
The Bank for International Settlements (BIS) has warned that stablecoins like Tether and USDC could bypass regulations and pose systemic risks to the financial system. BIS head Pablo Hernández de Cos expressed concerns that these stablecoins might destabilize banking through deposit substitution, highlighting potential threats to financial stability if their use continues to grow unchecked.
Global stablecoin regulation is progressing slowly, prompting the Bank for International Settlements (BIS) to call for increased international cooperation to prevent fragmentation risks. Policymakers are considering safeguards like limiting interest payments and providing issuers access to central bank backstops to mitigate risks such as sudden withdrawals. The regulatory landscape remains uncertain as efforts to establish comprehensive rules continue.