Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is Wednesday, June 18th, and today we are talking about how the Senate

has passed the stable coin bill. Before we get into that, however, if you are enjoying the breakdown,

please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper

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All right, friends, most of our conversation today is going to be about stable coins. We've got

some political news and some functional news. But as I intend to do for a little while now,

let's do a quick check-in on the Iran-Israel situation and the markets continue to reaction

there. The conflict yesterday continued to

escalate as President Trump considered committing U.S. forces. The White House called a full lid on

press availability early yesterday evening, as speculation rose about a high-stake strategy meeting.

Reports suggest that the president has been offered two options by national security advisors.

One, dispatch Vice President J.D. Vance

and special envoy Steve Whitkoff to hold immediate face-to-face talks with Iranian leadership,

or two, approve U.S. aircraft to join in the bombing. The mission being considered is deploying

bombers to take out the underground Fordout uranium enrichment facility. The mission would require

30,000-pound bunker-busting bombs, which are too large to be

carried by aircraft operated by other countries. These munitions were developed in the 2000s, but

have never been used. The facility is deep underground, so it would require repeated bombing

to penetrate. If it goes ahead, it would be one of the largest bombing missions in terms of

...