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Hello, And Not So-Stable Stablecoins

Hello, And Not So-Stable Stablecoins

FromBloomberg Crypto


Hello, And Not So-Stable Stablecoins

FromBloomberg Crypto

ratings:
Length:
17 minutes
Released:
Jun 2, 2022
Format:
Podcast episode

Description

Welcome to Bloomberg Crypto: a new daily podcast from Bloomberg and iHeart Radio. In today’s inaugural episode, host stacy-marie ishmael introduces herself, shares what you can expect from this new daily offering, and outlines what the show aims to bring you each day. Stacy-marie, the managing editor for crypto at Bloomberg News, checks in with Bloomberg reporter Olga Kharif for an update on the full blown meltdown of the Terra stablecoin. Olga will answer the question: can stablecoins actually remain stable?  What made TerraUSD become so unsteady that it imploded? Olga breaks down what happened, why, and what it means for stablecoins and De Fi moving forward. Follow us on Twitter @crypto, and subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter
 See omnystudio.com/listener for privacy information.
Released:
Jun 2, 2022
Format:
Podcast episode

Titles in the series (100)

Crypto is the world's hottest financial trend. Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics.  Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. No newsroom on the planet is better equipped than Bloomberg to cut through all the noise and provide clarity, context and authority. In this new daily podcast, Bloomberg’s reporting team will tease out what’s actually important in the crypto conversation. Led by crypto expert Stacy-Marie Ishmael, the podcast will draw on reporters in every region and credible voices in the industry to cover everything from regulation to alt coins to DeFi, and even the environmental impact of the currency that promises to change the finance landscape indefinitely.