USDC depeg, a Solana light client, and Elusiv for privacy

After the USDC depeg, and return to peg, James and Nick talk high level about how USDC works. And a bit about some US financial systems.

The James talks about TinyDancer, the Grizzlython hackathon submission of a Solana lite client, and what it could mean for the broader Solana ecosystem.

Nick makes a case for how Elusiv is a game change protocol for Solana and blockchain in general. Allowing people to have private on-chain transactions, while still enabling tracking of bad actors and illicit funds.

Links from the show

• James’ tweet asking for hackathon submissions
• TinyDancer, the Solana light client
• A bloomberg article on the usdc depeg
• Elusiv protocol hit mainnet! (last week)

Solana news from the week

• Form function shutting down
• Nick wrote a new Solana article on how to setup Solana on Linux