How stablecoins are similar and different from other monetary assets. What are stablecoin risks. Why central bank digital currencies are one of the biggest threats to stablecoins. Topics covered include: Why the Federal Reserve and other central banks are exploring issuing their own digital currenciesWhat is the difference between public and private moneyHow deposit insurance and central bank actions prevent runs on private moneyHow money market mutual funds are a type of stablecoinHow … [Read more...]
319: Here Come Central Bank Digital Currencies
How central bank digital currencies would work, what is the motivation to create them, and what are the risks. Topics covered include: What percentage of central banks are working on a digital currency and plan to issue one soonWhat are the two kinds of money that central banks currently issue and how would a central bank digital currency differHow central bank digital currencies would be similar and differ from Bitcoin and other cryptocurrenciesWhat are the benefits and risks of … [Read more...]