Tyler Watts

Tyler Watts, a Professor at Ferris State University with a PhD in economics, dives deep into the evolution of banking by comparing historical free banking in the pre-Civil War U.S. to today’s stablecoins. He argues that, contrary to popular belief, stablecoins enhance the financial system rather than disrupt it. The discussion touches on the competitive advantages of stablecoins, their role in maintaining consumer trust, and lessons from historical banking failures that inform modern finance. A lively conversation about the potential of a market-driven banking future ensues.