CoinDesk Podcast Network

From Libra to Open Standard’s OUSD: What Facebook's Failed Stablecoin Teaches Us


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CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open with two hot topics: the SEC's request for public comment on "novel" ETFs and the launch of Open USD, a new stablecoin protocol backed by Coinbase, major banks, Visa, and Mastercard. Christian Catalini, Founder of the MIT Cryptoeconomics Lab and co-creator of Facebook’s Diem/Libram project, joins to argue that the alliance's real test will be in governance. Plus, Rebecca and Renato close by naming their Person of the Week ahead of an important July 4th target.

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Timecodes:

00:00 - Welcome to The Policy Protocol

01:57 - SEC Opens Public Comment on "Novel" ETFs

04:39 - Open Standard and the Antitrust Question

07:27 - Christian Catalini on Libra’s Lessons, Neutrality, and Governance

16:14 - Person of the Week

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JPEG Trading is a global proprietary trading firm specializing in cryptocurrency and decentralized finance markets. From market structure and liquidity provision to quantitative trading strategies, JPEG Trading operates across the full spectrum of blockchain-based assets. Follow @jpegtrading on X to stay ahead of the latest developments in digital asset markets: https://x.com/jpegtrading


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