Fri. 08/13 – The Growing Power Of Stablecoins

Disney reported some surprisingly strong streaming numbers. A recent Nvidia keynote included a virtual replica of its CEO. What if USDC becomes a stablecoin defacto backed by the US Fed. And in the weekend longreads suggestions, why stablecoins generally have become the lynchpin of the crypto universe.
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Links:

Disney+ beats expectations to reach 116 million subscribers in Q3 (TechCrunch)

Nvidia Reveals Its CEO Was Computer Generated in Keynote Speech (Motherboard)

How Circle could create a U.S.-backed digital currency (Axios)

Crypto platform Poly Network rewards hacker with $500,000 'bug bounty' (Reuters)

Weekend Longreads Suggestions:

Why the Stablecoin Issuers Will Inherit the Earth (Bloomberg)

I Joined a Penguin NFT Club Because Apparently That’s What We Do Now (NYTimes)

Status Monkeys (Not Boring)

How Figma Became Design’s Hottest Startup, Valued At $10 Billion (Forbes)

Massachusetts Start-Up Hopes to Move a Step Closer to Commercial Fusion (NYTimes)

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