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Fiat-Backed Stable Coins w/ Kory Hoang (Stably)

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Manage episode 221271152 series 2102064
Content provided by Cryptoconomy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cryptoconomy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Kory Hoang is the CEO of Stably (USDS), a regulated and transparent Stable coin hoping to take on the current market leader, Tether. Stably makes transacting in cryptocurrencies more palatable by eliminating their inherent volatility in respect to the dollar. By making StableUSD redeemable and pegged 1-to-1 with US dollars, Stably can virtually eliminate volatility while still retaining many useful characteristics of a cryptocurrency - including fast transaction speed, anonymity, and immutability. Can cryptos mimmic a central banking system? Will stable coins facilitate a new age of remittance on the blockchain? Can users keep cash reserves stable while they get exposure to crypto? https://www.stably.io/ https://www.facebook.com/stablycoin https://twitter.com/stablycoin https://www.instagram.com/stableusd/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/cryptoconomy/message
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77 episodes

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Manage episode 221271152 series 2102064
Content provided by Cryptoconomy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cryptoconomy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Kory Hoang is the CEO of Stably (USDS), a regulated and transparent Stable coin hoping to take on the current market leader, Tether. Stably makes transacting in cryptocurrencies more palatable by eliminating their inherent volatility in respect to the dollar. By making StableUSD redeemable and pegged 1-to-1 with US dollars, Stably can virtually eliminate volatility while still retaining many useful characteristics of a cryptocurrency - including fast transaction speed, anonymity, and immutability. Can cryptos mimmic a central banking system? Will stable coins facilitate a new age of remittance on the blockchain? Can users keep cash reserves stable while they get exposure to crypto? https://www.stably.io/ https://www.facebook.com/stablycoin https://twitter.com/stablycoin https://www.instagram.com/stableusd/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/cryptoconomy/message
  continue reading

77 episodes

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