Apr 27, 2023
P.S You can find our full report on stablecoins at https://bit.ly/3AtuuCl
Stablecoins, as the name suggests, were thought to be stable - that is, until the recent USDC depeg drama where the supposedly rock-solid stablecoin traded from one dollar to eighty five cents as one of the major custodial banks went under
Can we still trust major stablecoins like USDC or USDT? If not, what are some alternatives?
In this episode, Michael who wrote a 20-page research article on stablecoins for our Blockcrunch VIP subscriber breaks down for us
Issues with current stablecoins
Up and coming decentralized stablecoins
Relevance of stablecoins in 2030
Host: Jason Choi @mrjasonchoi . Not financial advice.
(00:00:00) – Introduction to Spencer
(00:03:30) – What are stablecoins
(00:07:11) – Different types of stablecoins
(00:14:59) – Commentary on Liquity Protocol
(00:17:52) – Frax vs Liquity
(00:19:53) – Dominance of USDT & USDC
(00:24:22) – Path to decentralization
(00:27:51) – Gyroscope stablecoin
(00:31:27) – Aave’s GHO & Curve’s crvUSD
(00:35:24) – Relevance of stablecoins in the future
Filecoin is enabling open services for data, built on top of IPFS.
Today, Filecoin focuses primarily on storage as an open service, but looks to build the infrastructure to store, distribute and transform data.
Join the Space Warp program (Live until March 2023) to be among the first to build on the Filecoin Virtual Machine (FVM) https://spacewarp.fvm.dev/
Michael Li: https://twitter.com/michael_lwy
Blockcrunch VIP: https://blockcrunch.substack.com/
Blockcrunch Twitter: https://twitter.com/theBlockcrunch
Jason Choi’s Twitter: https://twitter.com/mrjasonchoi
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