AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Omid Malekan (Columbia) on Trust & Finance
Galaxy Brains
Stable Coins Are the Killer App of Blockchain
With stable coins, 50% of the balance sheet is visible on chain. That's some inherent transparency there. They're far more efficient in ways that Venmo are not programmable. You can do atomic swaps with them. And to the extent that almost all the stable coins are dollar stable coins, they also create demand for US treasuries from places where they didn't exist before. I think more people need to educate people in Congress that this is potentially a trillion dollar source of demand for treasuries that wouldn't exist otherwise.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode