The Senate’s Arguments Against Stablecoins


This episode is sponsored by NYDIG.

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Today on “The Breakdown,” NLW appears to be like on the latest U.S. Senate Banking Committee listening to on stablecoins. More contentious than the earlier week’s House Financial Services Committee listening to on crypto, NLW argues the listening to helps us perceive the present arguments in opposition to stablecoins from a few of their most vital political opponents.

See additionally: Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps

“The Breakdown” is written, produced by and options Nathaniel Whittemore aka NLW, with enhancing by Rob Mitchell, analysis by Scott Hill and extra manufacturing assist by Eleanor Pahl. Adam B. Levine is our govt producer and our theme music is “Countdown” by Neon Beach. The music you heard in the present day behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit score: Rod Lamkey-Pool/Getty Images News, modified by CoinDesk.