Tether has formal partnerships with Zero Shadow and other freeze professionals. They pre-build infrastructure for rapid response. Circle, despite being US-regulated, waits for court orders while stolen funds disappear.
Michael Lewellen and Amanda Wick join Laura Shin to compare how the two largest stablecoin issuers handle stolen funds, why Tether’s 50% threshold works, and what it means that the “unregulated” stablecoin protects victims better than the “compliant” one.
This clip is from a longer conversation on the Drift hack and DPRK’s intelligence operation. Full episode here: https://youtu.be/d2SkpalBGh4 We go live every Tuesday and Thursday ET. Subscribe to catch it live.
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Ether.fi is giving Unchained listeners 15% cashback on food and ride apps — and that’s on top of the 3% you get on everything else.
Your bank is charging you to use your own money. Laura switched and loves her card!
Go to ether.fi/unchained to claim your offer.
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Bitcoin’s application layer, Citrea, launched its mainnet, expanding Bitcoin’s utility to privacy, lending, BTC yields, and more.
Citrea enables:
- cBTC: The first trust-minimized Bitcoin on a fully programmable platform.
- ctUSD: A native stablecoin for Bitcoin, allowing for unified liquidity.
- Bitcoin Capital Markets bringing demand, and utility to the Bitcoin Network.
Explore the Citrea Ecosystem.
