Kyle Rizdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
Why keep your money in a bank if you can get a higher reward stashing it as stable coins?
Why keep your money in a bank if you can get a higher reward stashing it as stable coins?
Crypto firms don't buy that.
Crypto firms don't buy that.
Buying neither side's arguments is Aaron Klein, senior fellow at Brookings.
Buying neither side's arguments is Aaron Klein, senior fellow at Brookings.
But he is still wary of interest on stablecoins.
But he is still wary of interest on stablecoins.
When a bank makes loans that go bad, customers don't have to worry because the federal government insures their deposits.
When a bank makes loans that go bad, customers don't have to worry because the federal government insures their deposits.
Stablecoins offer no such assurance.
Stablecoins offer no such assurance.
Crypto advocates counter that stablecoins are backed by treasuries and wouldn't pose any risk.
Crypto advocates counter that stablecoins are backed by treasuries and wouldn't pose any risk.
But everyone is now making their case to Congress in hopes of a law that will favor them.
But everyone is now making their case to Congress in hopes of a law that will favor them.
In New York, I'm Sabri Beneshour for Marketplace.
In New York, I'm Sabri Beneshour for Marketplace.
About a week ago, one loses track to be honest, President Trump said he's going to order the government-owned mortgage giants Fannie Mae and Freddie Mac to buy $200 billion worth of mortgage-backed securities.
About a week ago, one loses track to be honest, President Trump said he's going to order the government-owned mortgage giants Fannie Mae and Freddie Mac to buy $200 billion worth of mortgage-backed securities.