Steven Walbroehl (Halborn) on Blockchain Cybersecurity (EP.423)
On The Brink with Castle Island
00:00
The Benefits of Blockchain for Stablecoins
The collateral is technically offline right so if you're dealing with a USDC they have the Q-Sips and underlying collateral is at Bank of New York Mellon. I wouldn't say it's any more transparent than what we would see like on Ethereum but now they are being able to see their digital assets that are tokenized with collateral offline or in the federal reserve banksLike Ledger or something of matching that token. It'd be pretty cool to have that happen really quickly for everybody and do that securely.
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