In this episode of CopperCasts our Head of Research, Fadi Aboualfa, speaks with Gordon Liao, Chief Economist at Circle, about how stablecoins will fundamentally change financial market infrastructure.
“Many people thought that crypto would be a risk to banking, but what we have experienced just now is the reverse of that.”
During this episode, Fadi and Gordon unpack the recent run-on banks in the US and explore the idea that USDC seems to be a safer asset to hold than an actual commercial bank deposit. As the industry re-groups and continues to build an improved financial infrastructure, the need for a good stablecoin is paramount. Gordon explains how he believes a stablecoin should be structured in the future, taking into account the recent events.
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