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Setting the record straight on Bloomberg’s stablecoin coverage
Last week, Bloomberg posted an article entitled “Crypto Fans Lured by 20% Stablecoin Yields Even After 2022 Bust”, which was followed by Matt Levines’ column which riffed on the article. Having talked to Hannah Miller for the piece, I was excited to read the article, but I was immediately disappointed at the editorial tilt. I know journalists don’t necessarily write their own headlines, and this sometimes causes the tenor of otherwise-good coverage to end up skewed. Regardless, the coverage, both from Bloomberg’s crypto desk and subsequently Matt Levine sorely misrepresented the issues, and I feel compelled ... (full story)