180. News: Bitzlato fiasco, NAB Stablecoin, and Genesis bites the dust
Blockchain Insider Podcast by 11:FS
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Can Banks Be Successful in Bringing to Market Stablecoins?
National Australia Bank has become the second of the major banks in Australia to create a stablecoin called the AUDN. It will initially allow business customers to settle transactions on a blockchain in real time and they're aiming to launch it mid-year. I think that what is interesting when you look at stablecoins, what are they currently used? Are they used because they get rid of certain intermediaries or are they used simply because they are more efficient and practical? So it's very good that you can have both, right? Depending on why you decide to use a particular coin, but it's not a necessity to its success very clearly.
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