BREAKDOWN: Are Stablecoins the Path to Continued Dollar Dominance?

A reading of two prescient Nic Carter essays from 2020. 

This episode is sponsored by NYDIG.

In today’s Long Reads Sunday, NLW goes back to read excerpts from two Nic Carter pieces that seem particularly prescient today, as the U.S. weighs the opportunities and risks of stablecoins. 

Policymakers Shouldn’t Fear Digital Money: So Far It’s Maintaining the Dollar’s Status

The Crypto-Dollar Surge and the American Opportunity

NYDIG, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Michele Musso & Adrian Blust, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: Thom Lang/The Image Bank, modified by CoinDesk.

See Privacy Policy at and California Privacy Notice at