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

• Stablecoin actives outpace blue chip crypto
• Why is Tether on Tron so popular?
• Is H E Justin Sun willing to deploy $5b in acquisitions
• Celsius files for Chapter 11 bankruptcy protection
• KeyFi is suing Celsius
• Are DeFi business models going to have to change?
• Where do tokenholders fall in the capital stack?
• Three Arrows are not cooperating with liquidation
• 3AC liquidators reportedly fail to exercise the Starkware token warrant
• Blockchain.com report a loss from 3AC
• New lenders admit losses from 3AC
• Circle further clarifies their reserve assets
• Was Taibbi’s USDC FUD legit?

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