Kyle Rizdahl
๐ค SpeakerAppearances Over Time
Podcast Appearances
Banks, of course, do make those payments, interest on deposits, right?
Banks, of course, do make those payments, interest on deposits, right?
The question at hand is whether crypto firms can offer something similar for people who hold what are called stable coins.
The question at hand is whether crypto firms can offer something similar for people who hold what are called stable coins.
Marketplaces of Revenishore has the ins and outs of that one.
Marketplaces of Revenishore has the ins and outs of that one.
You have money, you put it in a bank, you get interest.
You have money, you put it in a bank, you get interest.
That's how that works.
That's how that works.
But what about crypto, specifically stablecoins?
But what about crypto, specifically stablecoins?
This is a kind of crypto that doesn't go up or down in value much.
This is a kind of crypto that doesn't go up or down in value much.
It's really just a way to pay for things.
It's really just a way to pay for things.
The companies that issue stablecoins wanted to offer interest on them the same way that banks do on deposits.
The companies that issue stablecoins wanted to offer interest on them the same way that banks do on deposits.
But Congress has already said no.
But Congress has already said no.