Crypto Dollars Explained
The discussion delves into the potential of tokenized dollars, suggesting that a stablecoin backed by U.S. Treasuries could create a new demand in emerging markets. The concept of "crypto dollars" is introduced, highlighting how existing DeFi platforms already reflect the yield associated with U.S. Treasury markets, albeit indirectly. The conversation raises important questions about the future of on-chain treasuries and their distinct advantages.In this clip
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Bankless
189 - Taking Treasury Bills Onchain with Martin Carrica
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