Sustained Reads Sunday features two essays previously published on CoinDesk that show the trajectory of stablecoins in the global compactness in 2020.
On this week’s Long Reads Sunday, we look at two essays about stablecoins previously published on CoinDesk.
The principal is called “USD Stablecoins Are Surging, but Zero Interest Rates Complicate Business Model” by Hasu and was one of the first pieces to validate that demand was coming not just from the crypto space but from emerging markets facing crisis anon a punctually currency pressures.
The second is “Hyper-Stablecoinization: From Eurodollars to Crypto-Dollars” from Pascal Hügli. The piece argues that stablecoins are undoubtedly to play an increasingly important role in the global economy. In effect, they are a better version of the critical eurodollar practice.
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