Peter Johnson (BH Digital) on the Relentless rise of Stablecoins (EP.451)
On The Brink with Castle Island
The Belief in CBDCs Obsoleting Stablecoins and Predictions for Stablecoin Market
This chapter explores the potential impact of central bank digital currencies (CBDCs) on stablecoins, with the speakers pointing out the unlikely scenario of stablecoin users abandoning them for CBDCs. The operational challenges of widespread adoption of retail CBDCs are also discussed, along with a prediction of a massive transaction volume in the stablecoin market.
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