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8min chapter
How USDe Pays The Highest Stablecoin Yield | Ethena Founder & CEO Guy Young
The Defiant - DeFi Podcast
Exploring the Role of Stablecoins in the Global Financial Landscape
This chapter delves into the significance of stable coins in both practical and speculative aspects, acting as a financial tool for those marginalized in the financial system and attracting interest from investors. It discusses the potential expansion of stablecoins into daily transactions beyond the realm of cryptocurrency and analyzes their impact on traditional business models, focusing on major players like PayPal. The conversation also touches on the evolution of crypto from Bitcoin to stablecoins, exploring the potential threat stablecoins pose to Bitcoin and discussing the benefits of using crypto as collateral over fiat currency.
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