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Policy Principles

web3 with a16z crypto

00:00

Stable Coins

We've been very surprised just how large a appetite the world seems to have for us dollar denominated stable coins. I don't agree that we should outlaw algaritmic stable coins, but i actually think we need to push harder for more expansive affordances for stable coin experimentation. And markets are going to price liquidity of these stable coins, provided that there is transparency to close disclosure and insurance.

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