So i get, if i wantid to take a loan against my bickcoin or theorium, i can put it on to one of these platforms. Somebody else can put their stable coins there. And that yield is sold off for stable coins to a, you know, be converted to the lender in terms ofa stable intereste. So am this is problyby to last up until the point when there's too much money coming into this system and p s yield need to come down? Yes. It's basically, it's either because the risk is high or because the market is inefficient. But what we're betting on is that that rate is still going to be much higher
Jason covers China's increasing penalties for Didi (2:52), Twitter's test of a downvote feature (12:13), and how the UAE was able to induce rain with electricity (17:32). Then Do Kwon, the founder of Terraform labs joins (22:38) to discuss his stable coin project TerraUSD (31:18), the underlying cryptocurrency LUNA, and shed light on Tether as crypto insider (59:56).