THE HASH: Circle Recommends Against a Digital Dollar, and Ethereum Beacon Chain Suffers Longest ‘Reorg’ in Years

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4.7 • 698 Ratings

🗓️ 26 May 2022

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Thursday, May 26, 2022. "The Hash" team discusses USDC stablecoin issuer Circle advising against the launch of a digital dollar, Ethereum beacon chain's longest "reorg" in years and MetaMask's plan to help victims of crypto scams. - Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Visit coindesk.com/consensus2022 to get your pass today. This episode has been edited by Michele Musso. Our Executive Producer is Jared Schwartz. Our theme song is “Neon Beach.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This is the hash podcast.
0:09.6	Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more,
0:14.5	with stories that matter to the crypto world, all on the hash for your ears.
0:20.0	You're listening to the Coin Desk Podcast Network.
0:24.8	Hey there, everybody.
0:26.2	Welcome to the hash on CoinDest TV.
0:28.2	It's Thursday.
0:29.3	As I say, around here, it's Friday light.
0:31.9	All right.
0:32.6	Welcome.
0:33.2	I'm Zach.
0:33.9	We got Christy Arkin.
0:35.2	We got Janssen Hatsy.
0:36.7	We got Will Foxley. What a crew. What a squad.
0:40.7	What a team. I love it. All right. I'm going to trade to Will. Will, take it away, my man.
0:46.5	I got you. So Circle, the Stable Coin Company, and the Federal Reserve are throwing some fists at
0:51.9	each other. Just kidding. It's not that bad. Yet Circle is looking at saying like, hey, don't get in our tort territory. Don't issue a
0:59.2	CBDC. Private stable coins are good enough. Fed is not taking it in stride, though, and saying,
1:06.0	like, hey, we should look at creating our own CBDC, our own stable coin, a public dollar on our own ledger.
1:13.6	Pretty interesting to see these two things happen at the same time.
1:16.5	Circles comments come after the Fed asked for notes from companies back in January.
1:21.8	So these comments are pretty fresh.
	...

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