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Podcast: Unchained
Episode: Why a U.S. Ban on Yield-Bearing Stablecoins Would Help 'Too Big to Fail' Banks
Description: Yield-bearing stablecoins have had decent growth, now topping $6 billion in supply and paying out nearly $600 million to users, according to data from Stablewatch. But just as these products go mainstream, the U.S. Senate is moving forward with a stablecoin bill that could ban them outright in America.
In this episode, NYU professor and Zero Knowledge Consulting founder Austin Campbell joins Laura to break down:
Why yield-bearing stablecoins are under fire in Washington
Why Dems are pushing for the ban and who stands to benefit
How this bill could give foreign...