The Stablecoin Gold Rush — Why Wall Street Is Betting on Digital Dollars
Stablecoins are suddenly the hottest topic in global finance. From Wall Street giants like Goldman Sachs and JPMorgan, to governments in the U.S., Japan, and even China, everyone is rushing to get a piece of the digital dollar market. But what exactly are stablecoins, and why are they attracting so much attention?
In this episode of Down to Business English, Skip Montreux and Samantha Vega unpack the booming world of stablecoins. They explain what makes stablecoins different from cryptocurrencies like Bitcoin, why new U.S. regulations (the GENIUS Act) have given them legitimacy, and how countries in Asia are dealing with them.
D2B 388 examines the rise of stablecoins and their potential to reshape global finance. The episode highlights both the opportunities they bring—speed, stability, and accessibility—and the risks governments and investors must watch closely.
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