Episode 233 - Are Tether, Libra, and other Stablecoins a threat to Fiat?

Crypto Basic Podcast: Teaching You The Basics of Bitcoin and the World of Cryptocurrency. CryptoBasic

Stablecoins are a part of the crytpocurreny space for better or for worse. What happens in a future where more people are using digital assets? What does the stablecoin environment do to the US Dollar? Are stablecoins like Tether and Libra a systemic threat to fiat currency?

These questions are investigated by the Crypto Basic Podcast team - what place do stablecoins have in a future, and what can Tether do to get more users? Does the podcast agree with the G20’s assessment of Stablecoins in general? Where can you go to learn more about the study that was released? Well the podcast has answers for you.

Pertinant Links -

• Are Stablecoins a systemic threat?
• Published Study by FSB
• G20 Website
• Financial Security Board
• The FSB is inviting comments on this consultative document and the questions set out below. Responses should be sent to [e-mail] by 15 July 2020. Responses will be published on the FSB’s website unless respondents expressly request otherwise.

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