BREAKDOWN: Are Stablecoins Eurodollars 2.0? Long Reads Sunday

BREAKDOWN: Are Stablecoins Eurodollars 2.0? Long Reads Sunday

Long Reads Sunday features two essays previously published on CoinDesk that show the trajectory of stablecoins in the global economy in 2020. This episode is sponsored by Bitstamp and Crypto.com. On this week’s Long Reads Sunday, we look at two essays about stablecoins previously published on CoinDesk. The first is called “USD Stablecoins Are Surging, but Zero Interest Rates Complicate Business Model” by Hasu and was one of the first pieces to recognize that demand was coming not just from the crypto space but from emerging markets facing crisis time currency pressures. The second is “Hyper-Stablecoinization: From Eurodollars to Crypto-Dollars” from Pascal Hügli. The piece argues that stablecoins are likely to play an increasingly important role in the global economy. In effect, they are a better version of the critical eurodollar system. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Episoder(3970)

Blintzes on the Blockchain

Blintzes on the Blockchain

Binance backs $32 million funding for a new stablecoin from the creator of a billion-dollar Korean online commerce site. -AND- After the acquisition of BitTorrent, Tron’s founder Justin Sun also acqui...

29 Aug 20189min

Officer, I'd Like To Report An ICO

Officer, I'd Like To Report An ICO

Lloyd's of London, the centuries-old insurance marketplace, is quietly providing cover against the theft of cryptocurrencies. -AND- China is encouraging its citizens to report illegal token sales. -A...

28 Aug 20188min

EOS The World Turns

EOS The World Turns

A blockchain project spearheaded by NEX Group is facing questions over its future. -AND- One of the biggest airlines in Russia has piloted a blockchain system for collecting data on plane refueling. -...

27 Aug 201811min

Changin’ On The Telephone

Changin’ On The Telephone

A feud between Bitcoin Cash’s developers could split the year-old cryptocurrency in two. -AND- Mt Gox’s former creditors can now submit proof of their claims in a newly-approved rehabilitation process...

24 Aug 201810min

SEC-ya later

SEC-ya later

The Securities and Exchange Commission has issued rejections to nine bitcoin exchange-traded fund (ETFs) proposals. -AND- Crypto startups are destroying millions of their own token supply to generate ...

23 Aug 201811min

Crypto Black Lotus

Crypto Black Lotus

The central bank in Thailand said it will launch its own digital currency by next year. -AND- New rules imposed by the Chinese government have led to a crackdown on blockchain and cryptocurrency media...

22 Aug 20189min

Insane in the Bitmain

Insane in the Bitmain

Two investing giants say they’re not involved in pre-IPO funding for Bitmain, despite reports to the contrary. -AND- Proposed changes to the $200 million Siacoin blockchain would ice out Bitmain’s mi...

21 Aug 20189min

CryptoTitties

CryptoTitties

A U.S. bitcoin trader has been indicted for alleged money laundering -AND- The SEC is going to decide the fate of yet another bitcoin ETF this week. -ALSO- Lightning Network is getting its own hacker...

20 Aug 20189min

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