The G2 Summit + the FOMC surprise

plus: stablecoin M&A, Circle testnet, enterprise treasury, time manipulation and more

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury.” – Alexander Fraser Tytler ||

Hi everyone! What a day, there is so much going on that no way will I get to it all - quite a bit on the agenda for tomorrow.

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IN THIS NEWSLETTER:

• The G2 Summit

• The FOMC surprise

• Manipulating time

• Also: more stablecoin M&A, Circle testnet, enterprise treasury, Japan and more

WHAT I’M WATCHING:

The G2 Summit

When you think about what the below photo represents – the power of that handshake, the logistical knots to unsnarl, the stakes on the table, the choppy path to get here – it’s quite amazing. We’ll be seeing this image again and again over the coming decades, I have no doubt.

(post via @ChineseEmbinUS)

As expected, the first face-to-face meeting between the US and Chinese leaders produced some big decisions: