Stablecoins have raised over $350m in investment. There are over 45 projects fighting to knock down Tether and become the stablecoin of choice. Why is there so much hype around them? Blake and Matt discuss.

As the first of a two part episode, Matt and Blake take an in depth look at Stablecoins, their use and comparison within the cryptocurrency universe.

Timestamps:

00:50 - Report on Forbes - Will Bitcoin be the nail in the coffin for global warming?

04:20 - What is a Stablecoin?

07:13 - The three types of Stablecoins?

07:17 - 1st: Traditional Colateral

07:40 - 2nd: Crypto Colateral

08:21 - 3rd: Algorithmic backed Stable Coins

09:55 - Why are companies producing Stablecoins?

11:54 - India’s P2P network and volatility

16:42 - The history of the Stablecoin

Mentioned in the episode:

Bitcoin Ecosystem Health - A Miner’s Perspective - Kevin Zhang

The State of Stablecoins by Blockchain.com

A Complete A-Z of Stablecoins