Ep. 441 - The Public Good Behind Stablecoins, With David Puth of Centre Consortium

CRYPTO 101

Bryce Paul & Brendan Viehman

Business News, Business, Tech News, Investing, News

4.3 • 841 Ratings

🗓️ 26 May 2022

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of CRYPTO 101, brought to you by Nord VPN, we talk to David Puth of Centre Consortium about solving the problems that exist in crypto today, how DeFi has changed the way we use & develop stablecoins, and the likelihood of new stablecoins coming out in 2022. Sponsored link: https://nordvpn.com/crypto101 - NordVPN Plan discount + Free Threat Protection + 1 additional month for free. Guest Links: https://twitter.com/centre_io https://www.centre.io/ https://en.wikipedia.org/wiki/David_Puth Show Links: https://CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: https://twitter.com/Crypto101Pod https://twitter.com/BrycePaul101 https://instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto https://www.facebook.com/CRYPTO101Podcast **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2022 Boardwalk Flock, LLC All Rights Reserved ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Fog by DIZARO https://soundcloud.com/dizarofr Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZARO Music promoted by Audio Library https://youtu.be/lAfbjt_rmE8 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Our Sponsors: * Check out Mars Men: https://mengotomars.com * Check out NPR: https://npr.org * Check out Quince and use my code quince.com/crypto101 for a great deal: https://www.quince.com * Check out Scribe and use my code Scribe.how/CRYPTO101 for a great deal: https://scribe.com/Crypto101 * Check out Shopify and use my code shopify.com/crypto101 for a great deal: https://www.shopify.com * Check out Webroot and use my code webroot.com/crypto101 for a great deal: https://www.webroot.com Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	All right, everyone, welcome back to the Crypto 101 podcast.
0:12.0	Pizza Mind here.
0:13.0	And wow, what a week we have survived.
0:18.0	Some of us have anyway.
0:20.0	Defi lost about half of its value last week in one of the biggest
0:24.2	crashes ever as the UST stable coin depegged, exploded, was annihilated. A lot of trust in
0:34.1	crypto and blockchain has really been shaken. And people are wondering, is Terra going to recover?
0:41.2	Is Defi going to recover?
0:42.5	Is crypto going to recover?
0:44.5	This all in tandem of Bitcoin dropping from its last support level.
0:51.2	And in times of crisis, the government likes to come by and say, don't worry, we're
0:55.5	here for help. But in the crypto space, we don't want the government's help, and we've
1:00.3	got our own governing bodies to solve these problems and create these standards. As an industry
1:07.4	that is trying to build a more responsible world, it has to start here.
1:12.0	There's no buck to pass because we're disintermediating the dollar.
1:15.5	So to talk about all things stable coins,
1:19.9	I've got the one guy who knows more about this than I do
1:25.4	that has come on here to gracious with his presence. David Puth, the CEO of
1:30.9	Center Consortium, welcome to the Crypto 101 podcast. Hey, Aaron, it's great to be here. And thank you
1:38.7	for the timeliness of this interview. I couldn't be more pleased to be part of this program.
1:43.9	Well, I have to thank Ryan, our producer for that. It wasn't my doing, but it is the perfect timing.
1:50.0	So first of all, let's talk a little bit about who you are before we talk about last week's
	...

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