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

• Holland versus the Netherlands 
• The end of Pax Americana
• Ditching the 'stablecoin' term
• Why synthetic USD is not the next Luna
• Caroline Ellison testifies
• SBF wanted to be president
• How Teneo worked with Singapore to apprehend Su Zhu
• Will criminal charges ever be leveled against the 3AC principals?
• Lightning is getting more efficient 

Content mentioned in the episode: 

• Nic and Martin join the Empire podcast
• Do we need a TARP 2.0? 

Sponsor notes: 

• Coin Metrics STATE OF THE NETWORK — Q3 2023 Wrap-Up
• In Coin Metrics State of the Network Issue 228, we set out to analyze USDC's supply loss and its impact on Circle