The Senate’s Arguments Against Stablecoins

This episode is sponsored by NYDIG.

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Today on The Breakdown, NLW looks at the recent U.S. Senate Banking Committee hearing on stablecoins. More contentious than the previous week’s House Financial Services Committee hearing on crypto, NLW argues the hearing helps us understand the current arguments against stablecoins from some of their most important political opponents.

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

The Breakdown is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is Countdown by Neon Beach. The music you heard today behind our sponsor is Dark Crazed Cap by Isaac Joel. Image credit: Rod Lamkey-Pool/Getty Images News, modified by CoinDesk.

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