05/04/2023 admin

How are stablecoins different to CBDCs in terms of risk?

Pawel Kuskowski talks to Carol Van Cleef about stablecoins and how they could present systemic risk, the key differences between USDT and USDC and how stablecoins are backed. They also discuss the regulatory considerations when USDT hit the 50 billion mark and why USDT acquired mass adoption. Pawel also discussed the concerns regarding CBDCs which Carol rebuts are already present in fiat currency.