Stable Coins

Dollar competition is going to be a really interesting feature of this next fed chairmanship for jerome powell, stable coins will be a primary battle ground. I don't know whether there's really the political will to actually push mark into a recession to get a handle on inflation. But i still think that there is a possibility, especially if china launches its decep, and especially if ch China's decep starts to get more traction. Some voices in government may suggest we look at whether it's possible to take the us. D denominated stable coins that already exist and formalize them in some way into a new type of digital dollar regime.

Play episode from 12:48

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app