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E114: Stablecoins, Bitcoin and Building Protocols on Stacks - Philip De Smedt | Arkadiko

Built on Bitcoin with Jacob Brown

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The Importance of Fun Money and Learning

There is kind of two main use cases and they work in tandem to keep the stable coin stable, but I don't know what one is more of an active participant. And additionally, this is not something that a lot of people will like, but USDA isn't something that can work in isolation. To keep our back, we need to arbitrage it almost constantly; you need something to arbitrate it against. So for those people who want to hold USDA and want USDA to die, I think that's a pretty like tough environment for us to be in.

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