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Stable Standard - Week of December 2, 2024

stablestandard.substack.com · 694 words · saved by 1 readers

Critical analysis of stablecoin banking claims, insights from Tokenized Podcast on StraitsX's latest pilot, and a deep dive into where value will accrue across the stablecoin...

Source - Artemis.xyz via Pantera Blog Post Stablecoin Reality Check With the bull market upon us and many stablecoin-related metrics at all-time highs, there has been much euphoria around stablecoins, and they are quickly being shoehorned into solving every payment problem. This week, Alex Johnson (Founder of Fintech Takes) published an article that shares a slightly more sobering take on their applicability. One main argument Alex rebuts is that stablecoin-based banks such as Dakota are "safer" than their TradFi alternatives. While there is truth to the fact that most stablecoins are…

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