Merkle Science's Webinar on Stablecoins: Stability In The Cryptosphere
Since the start of the year, the stablecoin market cap has increased over 5.5x, surpassing $156 billion according to Coingecko. Designed to maintain a stable value relative to fiat currencies, stablecoins play a key role in the digital asset ecosystem, acting as a lynchpin between traditional and cryptocurrency markets. With the recent astronomical growth of DeFi, stablecoins’ importance will only continue to rise, catching the attention of regulators around the world. And, most recently, the United States President’s Working Group on Financial Markets (PWG) released a report on November 1, that focused on the risks posed by stablecoins as a means of payment and recommendations for overcoming these risks.
Merkle Science’s webinar on stablecoins brings together different perspectives on how U.S. regulators may approach this aspect of the crypto industry. Topics include:
- Not all stablecoins are made equal: the differences between stablecoins and how some may be riskier than others
- From sanctions evasion to antitrust: what are the biggest risks and concerns from the regulators’ perspectives?
- How far can you go? What are the possibilities and limitations of regulations?
- What role can the private sector play to ensure safety and operational resiliency in the stablecoin market?