“The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it." — Michelangelo ||
Hi everyone, I hope you’re all doing well!
Below, I look at the proposed crypto bill, and at a recent report on stablecoins from the US Treasury (it’s not nearly as great as most crypto enthusiasts seem to think). I was hoping to get to the Taiwan situation and why that matters for crypto, but that has to get bumped to tomorrow.
Production note: I’m in London later this week, so will have to skip publication Thursday-Saturday inclusive.
IN THIS NEWSLETTER:
The US Treasury report on stablecoins wasn’t that great
A glimpse at the US crypto bill
Macro-crypto bits: tariffs, realignment, digital euro, Litecoin
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WHAT I’M WATCHING:
The US Treasury report on stablecoins wasn’t that great
The US Treasury has published a report on stablecoins that many crypto enthusiasts have hailed as “excellent”. I feel I have to do some hype-busting here.
