Dollarization 2.0: How Stablecoins Unlock Emerging Markets | Nic Carter & Martin Carrica
In today's episode of Empire Jason and Santi are joined by Crypto investor Nic Carter and Martin Carrina, founder of Mountain Protocol, to discuss the past and future of stablecoins. They compare stablecoins to the rise of Eurodollars, arguing they meet a real demand for dollar exposure and could ultimately strengthen US interests, yet also face hostility akin to offshore banking. The guests debate whether crypto yields rising above fiat rates or expanding use cases like high-yield accounts are needed to drive stablecoin growth. To close things out the team covers the endgame for stablecoins and the vectors for mass adoption.
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(00:00) Stablecoins Today
(10:25) Efficiencies of Stablecoins
(15:36) Emerging Markets & USDT on Tron
(25:53) Time Horizon for Stablecoin Standard
(30:42) Mobile Money Apps Powered by Stables
(36:20) Bumper Ad
(37:23) Toku Ad
(38:36) Market Structure of Stables
(41:32) Algorithmic Stablecoin Design
(46:28) Peg Designs and Risks
(50:20) Acceptance of US Dollars
(56:40) SigNet Design and Fiat Speed Limits
(01:03:28) Economic Outlook of US Dollar
(01:15:04) Growth Catalysts for Stablecoins
Nic Carter Token2049
Articles Shared by Jason
Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.