Gary Gorton Yale Nobel Prize: Stablecoins are NOT Safe, use CBDC

In this video, Gary Gorton, a Yale professor and Nobel laureate in economics, discusses his thoughts on stablecoins and the use of central bank digital currencies (CBDCs). According to Gorton, stablecoins, which are digital currencies pegged to a stable asset like the US dollar, are not as safe as people might think. He argues that there are several risks associated with stablecoins, including the risk of fraud and the risk of the underlying asset losing value. #cbdc #stablecoin #digitalcurrency

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