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

• Geographic distribution for USDC v USDT • Blockchains have become dollarized • What’s the deal with Helium’s phone plan? • SBF heads to jail • We inaugurate a new member of the bad boys • Dubai regulators fines OPNX • What’s up with Argentina’s Libertarian presidential candidate? • We need a new theme song for the SEC • The Prometheum saga rumbles on • What’s going on with Better Markets? • Coinbase can now offer Bitcoin and ETH futures • FTX and Genesis reach a settlement

Content mentioned in this episode: 

• Brooke Masters in the FT, When Tackling Crypto, the SEC Should Be Wary of Overreach • Kristin Smith in Coindesk, The FIT Act Is the Most Comprehensive Crypto Regulation Ever Voted on by Congress

Sponsor notes: 

• Coin Metrics STATE OF THE NETWORK — From East to West: the Global Pulse of Stablecoin Transactions • In Coin Metrics State of the Network Issue 220, we leverage seasonality analysis to reveal geographical trends in Stablecoin usage and volumes