Ep. 441 - The Public Good Behind Stablecoins, With David Puth of Centre Consortium
CRYPTO 101
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Stable Coins - Are They Competing Products?
Stable coins are able to day and growing at an exceptional pace. Stable coins, by the time that central bank disal currencies are close to arriving, will be ubiquitous. They'll be in in every major economy. In many of the developing countries where i think the application of stable coins may be more important than it is in some of the major economies. A private, sexular solution is always going to be a better outcome. It's a big challenge in us to think of a central bank digital currency that can reach 350 million people,. Whereas to day it is easy for people to access a wallet and get involved with us.
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