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Weekly Roundup 10/13/23 (FTX trial continues, ditching 'stablecoin', TARP 2.0) (EP.460)

Published 09, Apr 2026

On The Brink with Castle Island


Description:
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 (https://blockworks.co/podcast/empire/a2f10816-671e-11ee-a260-53f51376d33c)

• Do we need a TARP 2.0? (https://www.americanbanker.com/opinion/u-s-banks-need-tarp-2-0-a-trapped-asset-relief-program)


Sponsor notes:


• Coin Metrics STATE OF THE NETWORK — Q3 2023 Wrap-Up (https://coinmetrics.substack.com/p/state-of-the-network-issue-228)

• In Coin Metrics State of the Network Issue 228, we set out to analyze USDC's supply loss and its impact on Circle

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