Rob Hadick from Dragonfly Ventures shared insights on current trends in the crypto market, emphasizing an optimistic outlook for stablecoins and the overall crypto environment in the U.S. He noted that with the U.S. considering regulatory frameworks, the conditions for crypto have never been more favorable. Despite this, valuations in the crypto space remain quite high. Dragonfly is taking a cautious approach, particularly focusing on Series A and B investments and having had a notably slow first quarter with fewer new term sheets. Hadick highlighted that this slowdown is partly a strategic adjustment after a very active previous year and a response to soaring valuations. He remains bullish on the potential for growth in the crypto sector, particularly in the context of stablecoins, suggesting that their success offers valuable lessons for DeFi founders.

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