Ep. 100: Yes, Stablecoins are Like "Free Banking" in US History—and That's a Good Thing
InFi: the Future of Finance
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Stablecoins and the Legacy of Free Banking
This chapter explores the parallels between stablecoins and the historical free banking practices in the U.S., emphasizing how stablecoins enhance existing currencies rather than represent new forms of money. It discusses the benefits of a competitive banking environment and the necessity for uniform currency to ensure reliable financial transactions.
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