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Consensus 2025
17:05:47:44
The Breakdown With NLW Episode

How Should Washington Regulate Stablecoins?

Plus a 101 comparison of custodial vs. decentralized stablecoins.

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ABOUT

This episode is sponsored by Nexo.io, NEAR and FTX US.

On today’s “Long Reads Sunday,” NLW features:

0-100 on Stablecoin Design by Spencer Noon

On algorithmic stablecoins & the UST collapse by Jake Chervinsky

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: SEAN GLADWELL/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore
How Should Washington Regulate Stablecoins?