Weekly Roundup 08/15/25 (DAT fine print, stablecoin L1s, banks vs stables) (EP.656)

Matt and Nic return for another week of news and deals. In this episode: We review the DAT fine print Why being in power is sometimes the hardest part Stripe and Circle announce their own L1s We make the case for stablecoin L1s  The irony in Stripe's L1 What about a DAT of DATs?  Bullish goes public Breakfast cereals Do Kwon pleads guilty BPI sends a letter to Congress complaining about stablecoin interest Can you prohibit stablecoin yield?  Bo Hines steps down Bessent says the USG will not be buying Bitcoin Is monero being 51% attacked?  Content mentioned: BitMEX Research, Treasury Company Advisory Agreements Julie Hill, Governmental Debanking