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ConsenSys fintech executive dissects Facebook's Libra project, the growth of the stablecoin market, and how fintech and crypto can coexist

ConsenSys fintech executive dissects Facebook's Libra project, the growth of the stablecoin market, and how fintech and crypto can coexist

FromThe Scoop


ConsenSys fintech executive dissects Facebook's Libra project, the growth of the stablecoin market, and how fintech and crypto can coexist

FromThe Scoop

ratings:
Length:
33 minutes
Released:
May 12, 2020
Format:
Podcast episode

Description

It’s been an interesting time for the stablecoin market.
Total stablecoin issuance recently surpassed $10 billion, according to data compiled by The Block Research. Meanwhile, the discussion of Facebook’s Libra has taken on interesting new dimensions of late. Lex Sokolin, a former research analyst and the current global co-head of fintech at Consensys, has been paying close attention to these developments.
In this episode of The Scoop, which was recorded prior to the Libra Association announcement of its new CEO, we dive into its shift to a multi-currency model. We also dig into:

Whether Libra’s massive network and cash pile will suck the life out of other open-source initiatives

Why a regulated approach to digital assets might have an easier time surviving and thriving

Is the stablecoin market overhyped right now?

How developments in the fintech ecosystem may have an impact on business models in the cryptocurrency market


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Released:
May 12, 2020
Format:
Podcast episode

Titles in the series (100)

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Director of News Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.