5min chapter

Brave New World -- hosted by Vasant Dhar cover image

Ep 42: Antoinette Schoar on Decentralized Finance & Crypto

Brave New World -- hosted by Vasant Dhar

CHAPTER

Blockchain and DeFi

Igor Vatanka: I noticed that fact you mentioned that there would be potential runs on these stable coins. But for the people who are the less sophisticated in this run, right, it really opens up. He says we need to build an infrastructure where private sector interacting with financial regulators could create tokenized IDs for participants in the U.S. financial system. It basically is a conundrum that if wanted to have complete privacy without any way of separating illegal actors and taxi vaders et cetera, we will undermine our financial system," he said.

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