The idea of having a stable digital currency has existed for a long time, and even predates Bitcoin. But for all intents and purposes, the rise of stablecoins started in early 2015 when cryptocurrency exchanges began listing Tether for trading. In this report, we examine the rapid rise of stablecoins, Tether’s sustained dominance, stablecoins’ role in cryptocurrency trading and their user growth.
Nate joins us for a great conversation on the work he took part in to analyze the stablecoin market (report found here). In this podcast we discuss the rise of stablecoins, their purpose in digital assets, the velocity and growth of them in 2020 as a function of global economic issues and the rise of DeFi and much more. If you’re learning about stablecoins or just want to make sure you’re up to date on great analysis check this one out!
Welcome to The Scoop, The Block’s flagship podcast that digs into the finance and technology industries through unmatched interviews with top thought leaders and industry veterans. Episode 35 of Season 2 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Nate Maddrey, senior research analyst at Coin Metrics.
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