Can you trust stablecoins?
Failed to add items
Sorry, we are unable to add the item because your shopping cart is already at capacity.
Add to basket failed.
Please try again later
Add to Wish List failed.
Please try again later
Remove from Wish List failed.
Please try again later
Follow podcast failed
Unfollow podcast failed
Can you trust stablecoins?
-
Narrated by:
-
By:
About this listen
The purpose of a stable coin is to track the price of some other asset, most commonly, the US dollar. They are crypto currencies just like any other crypto currency, but the central authority that issues them explicitly and deliberately manipulates the market to maintain a desired price. Most stable coins claim to be backed by other assets, which they can use to settle redemption requests or trade with market participants to maintain the price peg.
No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.