Tokenized Money
A closer look at Stablecoins
In a truly digital economy, stablecoins can offer an effective way to transact globally, combining the benefits of crypto networks with the price stability of widely accepted fiat currencies.
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In Summary
A quick summary of the topics discussed in this lecture.
Stablecoins are a type of digital asset where the value is pegged 1:1 to a reference asset.
Collateralized stablecoins can use a variety of types of assets as backing: Fiat, Commodities, Cryptocurrencies, or other types of investments.
US dollar-denominated stablecoins have so far dominated, accounting for more than 99% of total market capitalization.
Counterparty risk: It is important that the reserves to back stablecoins are transparently known with clear regulations for the issuer.
In a truly digital economy, stablecoins can offer an effective way to transact globally, combining the benefits of crypto networks with the price stability of widely accepted fiat currencies.
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