Top VCs Name Stablecoins, Prediction Markets, Incumbents as 2025 Winners

Pantera's Mason Nystrom, Hash3's Hootie Rashidifard and Variant's Alana Levin identified stablecoins, prediction markets and incumbent firms as 2025's winners on Dec. 25, BlockBeats reports. They highlighted faster execution by companies like Robinhood under clearer regulatory frameworks and surging stablecoin volumes, with Rashidifard noting Tether ranks among top per-capita earners and Levin citing ICE's $2 billion investment in Polymarket. Levin named Do Kwon a personal loser following his 15-year sentence in December related to the Terra collapse, while Rashidifard called the Biden-era SEC an institutional loser and said policy shifted with Gensler's departure, the GENIUS stablecoin bill and market-structure legislation.