Emergence of the Eurodollar System | The Snider Series | Episode 2 (WiM088)
The "What is Money?" Show
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Is There a Commonality Between Stable Coins and Digital Currency
Stable coins are like money market funds, except they sell equity shares o stable coins issue digital currency. The eurodola system was this virtual ledger system that allowed this tremendous sort of flexibility and inaregulatory black space where banks could simply transact in dollars without ever having to use dollars. Was essentially a reserveless virtual currency system based on simply ledger transactions back and forth.
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