CARPE CONSENSUS: PayPal Steps Into the Stablecoin Game
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 10 August 2023
⏱️ 28 minutes
🧾️ Download transcript
Summary
PayPal’s announcement is a big deal for crypto. But what’s the business model behind this decision, and why launch a stablecoin now?
On “Carpe Consensus,” hosts Ben Schiller and Cam Thompson dive into the latest crypto news alongside CoinDesk Chief Insights Columnist David Z. Morris.
- [1:24] Inside the Desk: PayPal’s entry into the stablecoin game has wide ramifications to the crypto industry. David Z. Morris gives his first takes, analyzing what the announcement means for crypto adoption, other stablecoin issuers and privacy.
- [18:22] Cam’s Corner: Cam recaps the latest data reports from the world of NFTs, showing that although NFT trading volume is sinking, it's not stopping developers from entering Web3.
“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.
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Transcript
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| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. This is Carpe Consensus. |
| 1:00.7 | Join hosts Ben Schiller, Danny Nelson, and Cam Thompson as they seize the world of crypto. |
| 1:12.5 | Hello and welcome to Carpe Consensus. |
| 1:15.2 | This is a podcast from the Coindesk podcast network and I am Ben Shiller and welcoming today. |
| 1:21.0 | Cam Thompson. |
| 1:22.1 | Hi, Cam. |
| 1:22.7 | How are you? |
| 1:23.2 | It looks like you're on holiday. |
| 1:24.7 | Yes, well, not on holiday, just working remotely from another location. |
| 1:29.1 | I am currently in Maine right now. And it's very nice, very breezy, a little chillier up here, |
| 1:35.2 | but I'm not complaining, you know, lots of lobster. Mmm, lobster, mm. Yeah, nice. Lobster for breakfast, |
| 1:42.7 | lobster for lunch. Literally, lobster at every meal. |
| 1:46.3 | So we've got a bumper-packed show today. Danny Nelson is out. He's at a hackathon in Utah, |
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