markjgsmith

Notes

A couple of questions about stablecoins:

  1. Aren’t stablecoins just new eurodollars, but operated by a single company?
  2. Are stablecoins a blockchain interop solution?

USDC for example now supports around 14 blockchains. Doesn’t that mean stablecoins are a bit like file formats such as .doc or .pdf?

For context I was listening to a recent This Week in Startups podcast interview with Circle’s Jeremy Allaire all about stablecoins. #

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