Peter Johnson (BH Digital) on the Relentless rise of Stablecoins (EP.451)
On The Brink with Castle Island
The Rise of Stablecoins and the Emergence of Offshore US Dollars
The chapter explores the similarities between stablecoins and offshore US dollars in the past, discussing their drivers of growth and potential impact on the banking system. It also touches on the challenges and limitations faced by decentralized stablecoins and the potential of centralized exchanges in implementing stablecoins.
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