USDC, Smaller Issuers, and Systemic Risk

51m ·

USDC, Smaller Issuers, and Systemic Risk

When there’s talk of the risks stablecoins represent to the global financial system, Tether is usually the subject. And the largest stablecoin by market capitalization continues to generate questions about the reserves that support its U.S. dollar peg. However, according to a new report from the Federal Reserve Bank of New York, even USDC, a stablecoin backed by higher-grade assets (based on self-declarations), could, too, represent a systemic risk. At the top of today’s edition of Real Vision Crypto Daily Briefing, Marco Olivera and Ash Bennington talk about why the New York Fed honed in on USDC. Ash and Marco also discuss a new report from the interagency Financial Stability Oversight Council that includes recommendations to the U.S. Congress on crypto regulation. And Morgan Creek Digital Managing Partner Mark Yusko joins our hosts for a broad and deep survey of the relationship between macro and crypto.
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  • Lisaa

    @yames check this podcast out its a great one


    Overly cool m8

    2 months ago·1 like·
  • martin

    This is how all podcasts should be


    Albert Einstein said, 'If you can't explain it simply enough, you haven't understood it well enough'.Dr Andrew brings such simplicity to explaining the workings of the brain. It's actually a hacker's guide into our own brain. You are doing great service to humanity Dr Andrew.

    2 months ago·6 likes·

    Insightful and timely. Heartfelt words of personal and intuitive wisdom. Matt speaks directly from his heart about life wisdom’s coming from experience and deep thought. I love it. Victoria Mcknight

    2 months ago·7 likes·
  • Lisaa

    So inspiring and motivational ! Great podcast ⭐️


    10:30 til around 20:00 is a great part

    2 months ago·7 likes·

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