November 25, 2020, 7:00AM EST
• 9 min read

Fiat Freeway: The Two Sides of Stablecoins, Cross-Border Freedom, and the Very First Stablecoin?

Quick Take

  • ‘Fiat Freeway’ is a weekly column providing the latest updates on central bank digital currencies (CBDCs) and stablecoins. 
  • This week’s column focuses on stablecoins, which have seen a 304% increase in total supply year-to-date (YTD).
  • Before digging into the latest stablecoin content, we look at other’s definitions of stablecoins and then share our own.  
  • Content reviewed includes an ECB Board Member’s stablecoin speech in Frankfurt, Circle’s blog post on using stablecoins for US foreign policy, and a BIS paper on “rigid stablecoins” from the late Bank of Amsterdam.

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