Bitcoin News Roundup for Dec. 3, 2020

With lots of big news around stablecoins and a quick look at ETH 2.0, CoinDesk's Market's Daily is back with another crypto news roundup.

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

With lots of big news around stablecoins and a quick look at ETH 2.0, CoinDesk's Market's Daily is back with another crypto news roundup.

This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch Allnodes

Today's stories:

Worsening US Dollar, Inflation Metrics Bode Well for Bitcoin's Continued Rally

A continued decline in the U.S. dollar and rising inflation expectations support bitcoin's long-term bullish case as a hedge asset.

US Bill Would Require Stablecoin Issuers to Get Bank Charters

Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S.

Valid Points: The Risks and Rewards of Staking on Eth 2.0

Breaking down Ethereum 2.0 and its sweeping impact on crypto markets, weekly.

Visa May Launch USDC Credit Cards Next Year

Visa is linking its payments network of 60 million merchants to the USDC stablecoin, according to Forbes.

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.