The Trust Game
Devon Zuegel discusses the rise of stablecoins like USDC and the trust issues surrounding them. While stablecoins offer a more predictable value compared to volatile cryptocurrencies like bitcoin, they still rely on trust in the institutions pegging them to the dollar. Zuegel explores the parallels between trusting stablecoins and trusting traditional banks or governments, highlighting the importance of auditing and transparency in maintaining trust in the crypto world.In this clip
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EconTalk
Devon Zuegel on Inflation, Argentina, and Crypto
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