Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Are Stablecoins Eurodollars 2.0? Long Reads Sunday

Are Stablecoins Eurodollars 2.0? Long Reads Sunday

FromThe Breakdown


Are Stablecoins Eurodollars 2.0? Long Reads Sunday

FromThe Breakdown

ratings:
Length:
15 minutes
Released:
Jul 19, 2020
Format:
Podcast episode

Description

On this week’s Long Reads Sunday, we look at two essays about stablecoins previously published on CoinDesk.  The first is called “USD Stablecoins Are Surging, but Zero Interest Rates Complicate Business Model” by Hasu and was one of the first pieces to recognize that demand was coming not just from the crypto space but from emerging markets facing crisis time currency pressures.  The second is “Hyper-Stablecoinization: From Eurodollars to Crypto-Dollars” from Pascal Hügli. The piece argues that stablecoins are likely to play an increasingly important role in the global economy. In effect, they are a better version of the critical eurodollar system.
Released:
Jul 19, 2020
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.