Five perspectives on stablecoins
Will stablecoin access fees be a material source of income for Ethereum and other token holders? As stated above, stablecoins are generally backed 100% by liquid reserves and therefore do not result in any speculation on their prices. The larger centralized stablecoins such as USDC are not their own blockchains but instead are tokens that are... See more
JP Morgan • The Maltese Falcoin | J.P. Morgan Private Bank
Decentralized stablecoins aim to solve this trust issue. They are created via an over-collateralization method, operate fully on decentralized ledgers, and are governed by decentralized autonomous organizations. Anyone can publicly audit their reserves.
Sze Jin Teh • How to DeFi: Beginner
Katie: It's a great question. We're seeing that the middle class suffers in traditional institutional settings. Crypto democratizes participation. Investigative reporting is an area where crypto can help - we've seen crypto crowdfunds take off.
Ezra Klein • Opinion | A Crypto Optimist Meets a Crypto Skeptic (Published 2021)
What if, instead of relying on an fallible centralized authority to assure us of who has what, we rely on distributed authority that isn’t controlled by a single party? What if our money has value, not because we trust the power of a government to back it, but because we trust the power of math?
Tess Rinearson • Bitcoin Explained with Emoji
Three years ago, I felt crypto’s only proven use case was bitcoin as a store of value was the only clear, proven use case (it was clear that would endure and build retail and institutional value). Now, I see programmable money in Ethereum and Ethereum’s competitors as the next proven use case, with the massive influx into DeFi and NFTs a critical p... See more
Mario Gabriele • What to Watch in Crypto | The Generalist
Traditionally, the crypto community distinguished between the following types of stable tokens: (i) fiat-collateralized or commodity-collateralized stable tokens, (ii) crypto-collateralized stable tokens, and (iii) algorithmic stable tokens. Lately (iv) central banks have also started looking into tokenizing their currencies which already come with
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