24min chapter

Bankless cover image

Defending Crypto to the Middle-Class American | Austin Campbell

Bankless

CHAPTER

The Role of Stablecoins in Modern Finance

This chapter examines the necessity and potential of stablecoins as a response to economic challenges, particularly following the 2008 financial crisis. It discusses their ability to democratize financial access, especially in oppressive regimes, and contrasts adoption challenges in the U.S. with more embedded use in nations like Argentina. The narrative also explores political dynamics, regulatory hurdles, and the importance of respectful dialogue between the crypto community and policymakers.

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