WealthTech UnWrapped

81. Can Stable Coin actually be Stable? With Jeff Ye Myat Min and Sherry Jiang


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On this week's episode of WealthTech Unwrapped, Ned speaks with Jeff Jeff Ye Myat Min and Sherry Jiang of Bluejay Finance. Tune in as they discuss Stablecoins, Defi Blockchain, and what it takes to be a Cryptocurrency start-up. 

Key Takeaways: 

1) Cryptocurrencies like Stablecoin could be stable if they are done in the right way. It is entirely possible through proper market dynamics, pure accounting principles, and ways to rebalance them. 

2) In markets like Southeast Asia, access is not access to privilege as it is tough to get into global financial services due to tight capital controls. One of the few ways you can get access to the global financial system is through cryptocurrencies. 

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WealthTech UnWrappedBy Ned Phillips