As stablecoins gain greater prominence, experts and the commentariat are vying to come up with the definitive narrative about them. Writing in The Atlantic, David Frum warns that stablecoins are “by far the most dangerous form of cryptocurrency.” The Federal Reserve’s Steven Miran offers the opposite conclusion on stablecoins: “Stablecoins might establish an easier means for the financially repressed to enjoy...global public goods." Read more from The Breakdown newsletter: https://lnkd.in/ebwtySzj
