In this week's episode, Nic and Matt torch the STABLE Act cosponsored by their local representative Stephen Lynch (MA-8). Also covered: 

• Stephen Lynch and Rashida Tlaib's STABLE Act
• What the STABLE Act requires of fintech providers hosting user balances
• What stablecoin issuers are not like banks
• Why the STABLE Act would be disastrous for competition in the Fintech space
• Why the moral positioning for the bill is internally inconsistent
• The prospects for the STABLE Act
• Why legislation like the STABLE Act will likely become
• USDC partners with Visa, and what it means for the industry
• Why the USDC-Visa partnership solves a critical issue that the industry has had for years
• BlockFi announces a Bitcoin-back credit card
• Larry Fink starts to shift his tone on Bitcoin
• Garry Cohn's bizarre new Bitcoin critique
• Our takeaways from the BCAP Bitcoin survey
• Will Bitcoin outlive the Euro?

Content mentioned in this episode: 

• Spencer Bogart, Bitcoin is (Still) a Demographic Mega-Trend
• Niall Ferguson, Bitcoin Is Winning the Covid-19 Monetary Revolution
• The STABLE Act press release
• Coin Center, The Unintended (?) Consequences of the STABLE Act