Podcasts Other On The Brink with Castle Island Weekly Roundup 06/02/23 (Crypto-eurodollars, SBF's defense, debt ceiling debate) (EP.428)

Weekly Roundup 06/02/23 (Crypto-eurodollars, SBF's defense, debt ceiling debate) (EP.428)

Published: June 2, 2023, 10 a.m.

Matt and Nic are back for another week of news and deals. In this episode:\xa0

  • The debt ceiling debate is resolved
  • What happened to Paxos\u2019 / Paypal\u2019s stablecoin?
  • Offshore dollar stablecoins are growing while onshore stablecoins are shrinking
  • Stablecoin policy in the US is backfiring
  • USD stables issued out of Hong Kong
  • Tether reaches a new all time high
  • The bad boys are back
  • SBF\u2019s defense will reportedly claim he got bad advice from Fenwick
  • Farenheit wins the bid for the Celcius assets
  • Why Celcius\u2019 mining operation was a big red flag
  • What does CZ mean by 4?

Sponsor notes:\xa0

  • Coin Metrics STATE OF THE NETWORK - Zooming Out: A datonomy update
  • In this issue of Coin Metrics\u2019 State of the Network, we leverage datonomy\u2014a classification system for digital assets to zoom out and gauge the ecosystem and its underlying trends from a broader lens. Despite a slew of challenges over years, we explore how the market has shown resilience through an analysis of market returns, volatility and volumes across sectors.