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SLP291 Caitlin Long Stablecoins, Bitcoin & The Fed

Stephan Livera Podcast

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Why Stable Coins Are So Popular Right Now?

Stable coins have grown massively. People want to be able to move their money around in a way that's a little bit more frictionless. It is easier to move money in and out of stable coins than it is to move U.S. Dollars, right? The onshore futures markets will let you lever biccoin two and a half times. In the offshore exchanges, for the most part,. There are just a lot of speculators with both institutions and retail. And also, i've said into ite twitter, something that whe where your customer is stopped out and loses their bitcoin colateral... That happens every one to a 75 percent move in big coin days.

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