Fri. 08/13 – The Growing Power Of Stablecoins
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The Potential Evolution of Stablecoins and a DeFi Incident
This chapter examines Circle's goal to evolve into a fully regulated bank and the potential transformation of its USDC stablecoin into a CBDC. It also reflects on the ramifications for stablecoins and discusses a recent incident involving the return of stolen funds from a DeFi hack, emphasizing the hacker's reward for uncovering system vulnerabilities.
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Transcript
