Dollarization 2.0: How Stablecoins Unlock Emerging Markets | Nic Carter & Martin Carrica
In today's episode of Empire Jason and Santi are joined by Crypto investor Nic Carter and Martin Carrina, founder of Mountain Protocol, to discuss the past and future of stablecoins. They compare stablecoins to the rise of Eurodollars, arguing they meet a real demand for dollar exposure and could ultimately strengthen US interests, yet also face hostility akin to offshore banking. The guests debate whether crypto yields rising above fiat rates or expanding use cases like high-yield accounts are needed to drive stablecoin growth. To close things out the team covers the endgame for stablecoins and the vectors for mass adoption. - - Follow Nic: https://twitter.com/nic__carter Follow Martin: https://twitter.com/mcarrica Follow Jason: https://twitter.com/JasonYanowitz Follow Santiago: https://twitter.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Planning to grant token awards for your team? Toku makes implementing global token compensation and incentive awards simple. With Toku, you get unmatched legal and tax support to grant and administer your global team’s tokens. Toku navigates it across the lifecycle — from easy to use token grant award templates through tracking vesting to managing tax withholdings. Make it simple today, at https://www.toku.com/empire - - Bumper is an innovative DeFi protocol that protects the value of the crypto you hold from the downside & simultaneously preserves gains when the price climbs. - A superior alternative to crypto options for traders - 30% cheaper and more efficient than traditional tools - Liquidity providers earn 3-18% real yield on USDC - Get a share in $250,000 of BUMP rewards for Early Adopters Visit bumper.fi for more info! - - Timestamps: (00:00) Stablecoins Today (10:25) Efficiencies of Stablecoins (15:36) Emerging Markets & USDT on Tron (25:53) Time Horizon for Stablecoin Standard (30:42) Mobile Money Apps Powered by Stables (36:20) Bumper Ad (37:23) Toku Ad (38:36) Market Structure of Stables (41:32) Algorithmic Stablecoin Design (46:28) Peg Designs and Risks (50:20) Acceptance of US Dollars (56:40) SigNet Design and Fiat Speed Limits (01:03:28) Economic Outlook of US Dollar (01:15:04) Growth Catalysts for Stablecoins - - Resources Nic Carter Token2049 https://www.youtube.com/watch?v=MD2Au5JwhZ0 Mountain usdm https://mountainprotocol.com/ Articles Shared by Jason https://www.lanacion.com.ar/ https://twitter.com/BowTiedMara/statu... - - Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.