Stablecoin Series: Understanding the Underlying Logic of the Global Financial System Through the Lens of the Nature of Money
Stablecoin Series: Understanding the Underlying Logic of Global Finance Through the Essence of Money Today is May 31, 2025, and we’re wrapping up the final installment of our stablecoin series. Unlike the first two episodes, which focused on the micro level, this episode shifts to the macro level to discuss fundamental issues related to money—no matter how many new digital currencies are issued or how many new financial instruments are created at the micro level, these most basic principles will remain unshaken. ...