In this bonus episode we’ll discuss one topic close to my heart: global stable coins. The ECB just published a paper on regulatory and financial stability implications of global stable coins [1]. Whilst the results will come as surprise to noone except the author’s of last year’s v1.0 of the Libra whitepaper it is still worth going through them because they are important for the stable coin market.

1. https://www.ecb.europa.eu//pub/financial-stability/macroprudential-bulletin/html/ecb.mpbu202005_1~3e9ac10eb1.en.html

2. https://cointelegraph.com/news/european-central-bank-calls-for-proactive-stablecoin-regulation