3min chapter

Tearsheet Podcast: Exploring Financial Services Together cover image

'You can programmatically use blockchain to reduce counterparty risk': Fireblocks' Michael Shaulov

Tearsheet Podcast: Exploring Financial Services Together

CHAPTER

The Differences Between FTX and Taraluna

The main issue that we actually seen with FTX and sell citizens is basically some form of governance, right? And honestly, what we've seen over there is this, it's kind of almost the same scenario as we've seen in traditional markets. This was not affected with the small caveat that Taraluna was an interesting experiment of how if you can create a stable coin that doesn't have a real dollar backing behind it. It wasn't experimented, unfortunately, failed,. But it was one experiment among others that some of the other experiments, for example, MakerDAO, okay, that is actually quite successful which was not undermined.

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