The Briefing Memo from The Venture Dept. — March 2026

March 2026: This month’s Briefing Memo includes a private session hosted with OCC Comptroller Jonathan Gould, where portfolio founders and LPs discussed national chartering, stablecoins, and current OCC rulemaking priorities.

Superstate partnered with Invesco to bring institutional-grade funds on-chain, enabling programmable ownership and faster settlement. Stable Sea integrated with BitGo, adding treasury workflow tooling on top of federally chartered custody and insured digital asset infrastructure. Etherfuse launched a 24/7 FX product reducing USD–MXN conversion costs from ~$35,000 per $1M to ~$3,000. Squid Router went live on Tempo, enabling gas-free swaps into a settlement environment used by Mastercard and Klarna. Rhythmic continued gaining traction as brands adopt its embedded stablecoin infrastructure for cards and rewards.

Matt spoke at Credit Reimagined, hosted by Valinor and Avalanche, on the migration of credit markets on-chain, and met with M&T Bank as part of ongoing engagement with regional financial institutions.

Read the full memo here: https://theventuredept.beehiiv.com/p/march-2025