HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
← All Stories

Vitalik Buterin Outlines Ethereum Roadmap, Revolut Delists USDT, Kraken Accepts Tokenized Stocks

Created at 5 Jul · 4:05 AM1 source↑ Market-relevant
IN SHORT

Ethereum co-founder Vitalik Buterin detailed a new roadmap focusing on quantum resistance, scalability, and privacy. Meanwhile, Revolut will delist Tether USDt due to regulatory concerns, and crypto exchange Kraken now accepts tokenized stocks as collateral for leveraged trades.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

3-4 yearstimeline for Ethereum upgrades
20%staff laid off by Ethereum Foundation
40%budget reduction for Ethereum Foundation
10tokenized stocks and ETFs initially supported by Kraken
10%collateral haircut for broad-market ETFs on Kraken
$1 millioncollateral limit for broad-market ETFs on Kraken
$250,000collateral limit for most individual stocks on Kraken
$100,000collateral limit for tokenized gold and Circle shares on Kraken
August 31, 2026Revolut's full delisting date for USDT
$1.4 billionearnings from crypto ventures claimed by Donald Trump

Who's Involved

Vitalik Buterin
Ethereum co-founder who outlined a new roadmap
Revolut
UK-based digital banking platform delisting Tether USDt
Kraken
Crypto exchange accepting tokenized stocks as collateral
Donald Trump
US President who defended crypto earnings
Hsiao-Wei Wang
Former executive at the Ethereum Foundation
Tomasz Stańczak
Former executive at the Ethereum Foundation
Tim Beiko
Former protocol contributor at the Ethereum Foundation
Barnabé Monnot
Former protocol contributor at the Ethereum Foundation

↳ Why This Matters

These developments highlight significant shifts in the cryptocurrency landscape, from core network upgrades and institutional adoption of new collateral types to regulatory pressures impacting stablecoin accessibility and political figures engaging with the digital asset space.

Key facts

  • Vitalik Buterin identified quantum resistance, scalability, and privacy as top priorities for Ethereum's future.
  • The 'Lean Ethereum' roadmap aims for upgrades over the next three to four years.
  • Kraken now allows eligible users to use tokenized stocks and ETFs, like Apple and Nvidia, as collateral for leveraged trades.
  • Revolut will delist Tether USDt starting August 31, 2026, citing regulatory and risk concerns.
  • US President Donald Trump stated he earned $1.4 billion from crypto ventures during his term.

Ethereum co-founder Vitalik Buterin has detailed a new roadmap for the network, prioritizing quantum resistance, scalability, and privacy. This 'Lean Ethereum' strawmap, expected to roll out over the next three to four years, represents a significant technical direction for the remainder of the decade, comparable in scale to the 2022 Merge. The shift comes as the Ethereum Foundation streamlines its operations, having recently laid off staff and reduced its budget.

In parallel, crypto exchange Kraken has introduced a new feature allowing eligible users outside the U.S. to use select tokenized stocks and exchange-traded funds (ETFs) as collateral for leveraged trading. Assets like Apple, Nvidia, and the SPDR S&P 500 ETF can be posted without being sold, though they are subject to collateral haircuts based on risk. Broad-market ETFs receive a 10% haircut, while more volatile stocks face a 30% discount, with limits on collateral value.

Meanwhile, the digital banking platform Revolut has informed some users of its decision to delist the Tether USDt stablecoin starting August 31, 2026. This move is attributed to regulatory and risk concerns, reflecting broader adjustments in the fintech sector in response to evolving crypto regulations, particularly in Europe with the Markets in Crypto-Assets (MiCA) framework.

Additionally, U.S. President Donald Trump has publicly defended his earnings of $1.4 billion from crypto ventures during his time in office.

Frequently asked questions

The main priorities are quantum resistance, scalability, and privacy, with upgrades planned over the next three to four years.

Revolut is delisting USDT due to regulatory and risk concerns, aligning with evolving crypto regulations.

Eligible users can use select tokenized stocks and ETFs, such as Apple, Nvidia, and the SPDR S&P 500 ETF, as collateral.

Donald Trump claimed to have earned $1.4 billion from crypto ventures while in office.

What Happens Next

01Revolut users must sell or withdraw USDT before August 31, 2026, or holdings will be automatically converted.
02Kraken will periodically review and adjust collateral limits and haircuts for tokenized assets.
03Ethereum's 'Lean Ethereum' roadmap is projected to be implemented between 2026 and 2029.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

Vitalik Buterin outlined a new 'Lean Ethereum' roadmap focusing on quantum resistance, scalability, and privacy.
The Ethereum Foundation has undergone staff layoffs and executive departures.
Kraken began accepting select tokenized stocks and ETFs as collateral for futures and margin trading.
Revolut notified users it will delist Tether USDt in August due to regulatory and risk concerns.
US President Donald Trump defended earning $1.4 billion from crypto ventures while in office.

Sources

T1
Here’s what happened in crypto todayNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.Cointelegraph

Related Stories

Revolut to delist Tether's USDT stablecoin in August
4 Jul · 7:50 AM
Kraken allows tokenized stocks as collateral for leveraged trades
4 Jul · 7:40 PM
Vitalik Buterin outlines 'Lean Ethereum' roadmap focusing on quantum resistance, privacy, scalability
5 Jul · 4:05 AM
Binance Adds Tokenized Stocks as Collateral, Boosting Crypto Stocks
4 Jul · 1:40 PM
UK crypto rules aim for global liquidity but face compliance hurdles
4 Jul · 12:05 PM