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Building a Perfect Stablecoin w/ Austin Campbell - Flyhweel #54

Flywheel DeFi

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The Importance of Stablecoins on the Blockchain

The U.S. is the world of reserve currency for the dollar to be 99% of stablecoins on chain. But that doesn't necessarily mean it will be like that forever, and in fact, if a lot of those go offshore, then it gives us more ammo for other stable coins to come online. "I feel like there's like a sense of urgency here," says Ripple CEO Vitalik Buterin.

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