BREAKINGVIEWS-The wobbly foundations of the stablecoin boom: podcast
By Peter Thal Larsen
LONDON, June 17 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript.
Listen to the podcast.
US lawmakers endorsed digital tokens backed by dollars like Tether and USDC, collectively worth $250 bln. In this episode of The Big View podcast, banks analyst and author Dan Davies explains the risks of mingling supposedly solid crypto assets with the regulated banking system.
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FURTHER READING
Circle IPO tethers rival to an unhinged valuation
The bitcoin hoarder copycat game is just beginning
Why stablecoins will entrench dollar's supremacy
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