Unmasking Stablecoins: Genius Act, Tether's Secrets, and the Future of On-Chain Money

Dive deep into the explosive world of stablecoins in this eye-opening discussion from the Internet of Economics team.
From the controversial Genius Act opening the floodgates for USD-backed tokens—like the Trump family's World Liberty Token—to the opacity surrounding giants like Tether and Circle, we unpack the real mechanics behind these "stable" assets.
Discover how stablecoins are reshaping global finance, backed by US Treasuries yet riddled with risks, inflationary traps, and control mechanisms. We'll explore the rise of euro-denominated challengers, the pitfalls of centralized exchanges, and why true decentralization offered by the Gajumaru blockchain is the game-changer for peer-to-peer electronic cash.
Featuring insights on quantum-resistant tech, smart contracts, and the blockchain trilemma, this is your guide to separating crypto magic from economic truth. Whether you're a crypto veteran or newcomer, this video reveals the hidden ripple effects on your wallet and the world economy.
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00:00:00 Stable Coins and Economic Impact
00:10:42 The Future of Money
00:16:26 Stable Coins and Market Risks
00:20:43 The Role of Stable Coins
00:23:13 The Value Question
00:26:40 Stablecoin Oversight Challenges
00:30:38 The Rise of Stablecoins
00:36:58 Stable Coin Risks
00:43:15 Innovation and Credibility
00:46:12 Economic Illusions and Innovation
00:54:17 Crypto Critique and Disillusionment
00:57:25 The Illusion of Stable Coins