Lengthy Reads Sunday options two essays beforehand printed on CoinDesk that present the trajectory of stablecoins within the international economic
Lengthy Reads Sunday options two essays beforehand printed on CoinDesk that present the trajectory of stablecoins within the international economic system in 2020.
On this week’s Lengthy Reads Sunday, we have a look at two essays about stablecoins beforehand printed on CoinDesk.
The primary is known as “USD Stablecoins Are Surging, however Zero Curiosity Charges Complicate Enterprise Mannequin” by Hasu and was one of many first items to acknowledge that demand was coming not simply from the crypto area however from rising markets dealing with disaster time foreign money pressures.
The second is “Hyper-Stablecoinization: From Eurodollars to Crypto-{Dollars}” from Pascal Hügli. The piece argues that stablecoins are more likely to play an more and more vital position within the international economic system. In impact, they’re a greater model of the vital eurodollar system.
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