Circle Invest, one of the leading stablecoin providers, just went public, and its stock price has tripled. We delve into the growth of stablecoins, their applications, and the associated risks. We also discuss the surprising political pushback against central bank digital currencies. Show Notes Top Stablecoin Tokens by Market Capitalization—CoinMarketCap Runs and Flights to Safety: Are Stablecoins the New Money Market Funds? by Kenechukwu Anadu et al—New York Fed Amendment … [Read more...]
387: Why Most Money Fails
How you should approach money given most of it either collapses or loses its purchasing power due to inflation. Topics covered include: Show Notes Intellabridge Power Women: Maria Eagleton, Mastercard-incubated Blockchain Company, is setting An Example For Women in Cryptocurrency by Shruti Sood—Morning Lazziness @kashdefi, Twitter post, May 7th, 2022 7:54 AM @kashdefi, Twitter post, May 8th, 2022 10:42 AM Terra Cryptocurrency TerraUSD Plunges as Investors Bail by … [Read more...]
373: Are Stablecoins Safe? Should You Own Them?
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...]