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

Tether is actually the most interventionist stablecoin when it comes to freezing
Should we be bullish on PYUSD?
Why stablecoin data shows meaningful utility for public blockchains
Is the idea of a 'crypto generalist' dead?
The meaning of the SEC's loss in court to Grayscale
Why the SEC was 'arbitrary and capricious'
The SEC's blunder over their approval of Futs ETFs
The SEC's possible options
Our guesses for how the SEC reacts to their loss
The SEC delays other pending spot ETFs
The SEC wins against Impact Theory
Why the case against Impact Theory could implicate a lot of other NFT projects
Uniswap wins a class action case
What does the SEC's case against Binance being under seal mean?

Content mentioned:

Sponsor notes:

Coin Metrics STATE OF THE NETWORK — Coin Convergence: Piecing Together Common Ownership Patterns Across Major Stablecoins
In Coin Metrics State of the Network Issue 222, we highlight trends in user behavior & common ownership across major stablecoins on Ethereum

Weekly Roundup 09/01/23 (SEC loses vs Grayscale, Impact Theory implications) (EP.447)

On The Brink with Castle Island