Cameron Otsuka

Precursors of future dollar stablecoin headlines have hit the tape: SCOTUS rules on Fed independence, but Matt Dines sees breadcrumbs for the next legal fight I outline Open USD’s challenge to issuer-led stablecoins Mexico’s Brady Bond debt comes to roost

Stablecoins are a pretty easy concept to wrap your head around: you give the stablecoin issuer a dollar, they invest that dollar into some specified mix of “safe” assets, and in return they give you a digital token. That digital token has some magical properties that I won’t get into today, but they theoretically enable use cases that you aren’t able to achieve on traditional monetary rails. There have been many people who have noted this is kind of similar to what banks do, with one key…