Stablecoins vs Eurodollars
Stablecoins, particularly Tether, are emerging as potential competitors to the Eurodollar, yet they serve different functions within the economy. While Tether is primarily used for cryptocurrency transactions and some illicit activities, it could evolve to facilitate real economic activities as it gains legitimacy. The conversation highlights the similarities and differences between these dollar-denominated liabilities and their implications for the financial landscape.In this clip
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Lots More with Lev Menand on the Eurodollar Market Now
Related Questions
What are stablecoins and what is the economics behind them as discussed in the episode 212 - Tether CEO on Their $100B Stablecoin ($USDT) and the clip Tether's Evolution?
What are the practical applications of cryptocurrency as discussed in the episode 212 - Tether CEO on Their $100B Stablecoin ($USDT) and the clip Tether in Practice?
Are stablecoins the new euro dollar?