Stablecoins Are Central Business Digital Currencies, Says VC Founder
TLDR VC Jeremy Kranz says stablecoins allow surveillance and freezing like CBDCs. Stablecoins topped $300B market cap in October per DeFiLlama data. GENIUS stablecoin bill raised concerns over backdoor CBDC regulation. Algorithmic stablecoins risk de-pegging in volatile crypto conditions. Privately-issued stablecoins are under new scrutiny after a venture capital executive said they carry risks similar [.] The post Stablecoins Are Central Business Digital Currencies, Says VC Founder appeared first on CoinCentral.