Historical Perspectives on Currency and Stablecoins

This chapter explores the evolution of currency in the United States during the 19th century, analyzing the transition from scarce coins to the rise of banknotes and credit cards. It highlights the significance of stablecoins like USDC in modern transactions while drawing parallels to past banking crises and discussing regulatory challenges. The dialogue emphasizes the future of money and the implications of stablecoins on global economic transactions, particularly concerning remittances and anti-money laundering regulations.