189 - Taking Treasury Bills Onchain with Martin Carrica
Inside the episode
The overnight fed funds rate is 5.3% but how much are you getting from that in your bank account? How much are you getting from your stablecoins?
Today on the show Martin Carrica walks us through a world in which we can tokenize treasuries instead of just dollars.
7:16 Intro To Martin
10:37 Risk Free Rate of Return
16:06 Inflation Experience in Argentina
20:41 Why Don't We have Onchain TBills?
22:44 Laws Around Treasuries
27:08 Do The Fed's Want This?
31:53 Don't we Already Have Onchain Treasuries?
37:18 The Next Evolution Of Stablecoins
40:01 How Big Could This Be?
50:12 Cutting Out Commercial Banking
52:21 Explaining The Product
55:57 Onchain Vs Traditional TBills
1:02:51 How Big Can This Get?
1:04:10 Identifying Legit Onchain TBills
1:05:49 Why Doesn't Circle Do This?
1:11:50 Dealing With US Regulation
1:15:02 Central Bank Digital Currency
1:19:02 Can This Start a Bull Market?
Martin on Twitter:
Martin's article on Stablecoins: