Weekly Roundup 09/01/23 (SEC loses vs Grayscale, Impact Theory implications) (EP.447)
On The Brink with Castle Island
Tether's Interventionist Actions and Regulatory Immunity
This chapter discusses the differences between Tether and other stablecoins in terms of their interventionist actions and perception of regulatory immunity. It highlights Tether's aggressive account freezing compared to other stablecoins, despite the belief that they are more resistant to law enforcement. The chapter also mentions an upcoming podcast episode with a pro stablecoin advocate and discusses the declining stablecoin supply as a potential signal for a turnaround.
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