A look at Stablecoins, centralized ones, decentralized ones, what they’re going to be used for and what kinds of risks might arise from them. We discuss exchange listings again, this time with Basic Attention Token getting listed by Coinbase, and finish up with a discussion on Tether.

Topics:

• What Stablecoin is
• Centralized Stablecoins - What Fiat backed is and it's disadvantages - What Exchange Traded Commodities backed is
• Decentralized Stablecoins - What Crypto backed is - Algorithmic
• Counterparty risk
• Non-crypto examples of things going bad due to counterparty risk
• Alerts - Tether’s bank claims to be holding $1.8B backing Tether, the first such confirmation - PwC advising on issuance of CRED, not just auditing

 

Links:

Alerts: - https://app-alpha.quantlayer.com/dashboard/alert/7ddd0158-5dac-43b9-99d5-13ad91979a81 - https://app-alpha.quantlayer.com/dashboard/alert/33f56e0e-74fb-412b-8a73-5f764e3b93b6?search=stablecoin&searchType=default - https://app-alpha.quantlayer.com/dashboard/alert/41128557-5804-4f7b-bdca-4d645485aaaa?search=stablecoin&searchType=default Coin Insider: https://www.coininsider.com/stablecoin-research/ A deeper look at stablecoins and USCDC: https://medium.com/circle-blog/a-deeper-look-at-stablecoins-and-usdc-dd27f48ba5a4 Stablecoins: Understanding Counterparty Risk: https://medium.com/gemini/stablecoins-understanding-counterparty-risk-241d55f0b392