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On The Brink with Castle Island


Aug 15, 2025

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

  • We review the DAT fine print
  • Why being in power is sometimes the hardest part
  • Stripe and Circle announce their own L1s
  • We make the case for stablecoin L1s 
  • The irony in Stripe's L1
  • What about a DAT of DATs? 
  • Bullish goes public
  • Breakfast cereals
  • Do Kwon pleads guilty
  • BPI sends a letter to Congress complaining about stablecoin interest
  • Can you prohibit stablecoin yield? 
  • Bo Hines steps down
  • Bessent says the USG will not be buying Bitcoin
  • Is monero being 51% attacked? 

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