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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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We go deep into stablecoins, the idea and practice of which have been around for a while, but a few things have happened this summer to make the matter catch major momentum. To parse through these developments (especially the US GENIUS Act), outlook, and risks, we welcome back Eswar Prasad, the Tolani Senior Professor of Trade Policy and Professor of Economics at Cornell University. We touch on the stablecoin tech stack, legislations being passed around the world, international dimensions, use case, regulatory risks, and potential disruptions to central banking and traditional finance. Eswar wrote an excellent piece on the Financial Times recently on this topic. Kopi Time extends those thoughts.
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