Episode Details
| Title | Chokepoint 2.0 & Stablecoin Adoption with Nic Carter |
|---|---|
| Date | 9/26/2024 |
| Podcast | Good Game ↗ |
Key Insights
Bullish:
- 🟢 $STABLES - Stablecoins are expected to see massive growth in adoption, particularly in corporate balance sheets and global remittances, due to their efficiency and cost-effectiveness.
- “I think the supply side was gonna balloon to 500,000,000,000. It's going to become completely ordinary to have your corporate balance sheet in Stablecoins. Cost remittance is going to come down globally. The world has become so much smaller because payments can be so much more efficient.” - Nic (8:05)
- “I mean so I think we will be able to average remittance cost is 7%. I think stablecoins are gonna push that down to 2% over the next decade. So I think it's gonna be tremendously disruptive.” - Nic (1:02:05)
- “I do think stablecoins will, over the next decade, eliminate, like, the bottom third of the weakest global FX. I think that's gonna happen. It hasn't happened yet, but I think it will.” - Nic (1:22:05)
- 🟢 $USDT - 🔒
- 🟢 $OPERA - 🔒
Bearish:
- 🔻 $TRADFI - 🔒
- 🔻 $WEAKFX - 🔒