Weekly Roundup 08/18/23 (Stablecoins offshoring, Better Markets oddity, more Prometheum) (EP.444)

Matt and Nic return for another week of news and deals. In this episode: 

Geographic distribution for USDC v USDT Blockchains have become dollarized What’s the deal with Helium’s phone plan? SBF heads to jail We inaugurate a new member of the bad boys Dubai regulators fines OPNX What’s up with Argentina’s Libertarian presidential candidate? We need a new theme song for the SEC The Prometheum saga rumbles on What’s going on with Better Markets? Coinbase can now offer Bitcoin and ETH futures FTX and Genesis reach a settlement

Content mentioned in this episode: 

Brooke Masters in the FT, When Tackling Crypto, the SEC Should Be Wary of Overreach Kristin Smith in Coindesk, The FIT Act Is the Most Comprehensive Crypto Regulation Ever Voted on by Congress

Sponsor notes: 

Coin Metrics STATE OF THE NETWORK — From East to West: the Global Pulse of Stablecoin Transactions In Coin Metrics State of the Network Issue 220, we leverage seasonality analysis to reveal geographical trends in Stablecoin usage and volumes