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

• The SAB121 repeal bill passes the House with 21 Democrat votes
• Biden threatens to veto SAB121 repeal
• Trump endorses crypto
• Is Gensler a liability for Biden?
• A scandal deepens at the FDIC
• Senator Warren defends the embattled FDIC chair
• Robinhood gets a Wells Notice from the SEC
• Is FTX really offering over 100% recovery to creditors?
• We review the Ohio State commencement speech
• Greyscale withdraws their Ethereum ETF application

Content mentioned in this episode:

• Nic on Medium, Five Perspectives on Stablecoins
• Wyatt on Medium, Monad & Stablecoins

Sponsor notes:

• The Usage & Evolution of Decentralized Exchanges (DEX's)
• In Coin Metrics' State of the Network issue 258, we explore activity across Ethereum decentralized exchanges (DEXs)