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Will Stablecoins and PayFi Replace Traditional Banking? w/ Anna Yuan (Perena)

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CHAPTER

The Evolution and Challenges of Stablecoins

This chapter examines the intricate ecosystem of stablecoins, touching on the roles of custodians, issuers, and regulators. It highlights current challenges in liquidity management and the evolving relationship between stablecoins and traditional banking systems. The discussion emphasizes the resilience of stablecoins like USDC and BUSD amid financial disruptions, while also addressing regulatory hurdles and the future of banking as stablecoins continue to innovate and present alternatives to conventional financial structures.

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