The Unstable Stablecoin Landscape

John and Glen discuss the latest maneuvers in the stablecoin world- particularly the newly announced Open USD initiative spearheaded by Bridge, bringing its parent company Stripe into the game. Is it a game changer or a press release destined for Libra-land? Also, new Fed data finds credit cards in overdrive. 

Links related to this episode:

• Open Standard’s Open USD announcement:   https://joinopenstandard.com/blog/introducing-open-usd
• Glen’s blog on the newly released Fed payments data: https://www.big-fintech.com/christmas-in-july-the-fed-delivers-new-2024-payments-data/
• Andreesen Horowitz’s take on stablecoins’ outlook (from before the Open USD announcement): https://a16zcrypto.substack.com/p/why-stablecoins-wont-age-well

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