NLW is joined by Austin Campbell, Adjunct Professor at Columbia University and former banker and stablecoin operator, to discuss the recent crypto banking crisis. They discuss:

  • Why interest rate risk, not crypto troubles, was the source of the problems
  • Why even banal regulatory disinterest in crypto could create significant problems for the industry
  • What rules need to change for crypto to fit in a U.S. banking framework

“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with today's editing by Jonas Huck, research by Scott Hill and additional production assistance by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: BrianAJackson / Getty Images, modified by CoinDesk.

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