Stablecoins: What They Are and How They Work

Everything Everywhere Daily: History, Science, Geography & More

Gary Arndt

History, Education

4.7 • 2.3K Ratings

🗓️ 16 May 2026

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

One of the most talked-about topics in finance today is stablecoins. Stablecoins have the potential to totally upend the world of banking and finance. Banks, governments, and tech companies are looking at stablecoins and how they might use them in the future. However, most people have absolutely no clue what they are. Learn more about stablecoins, how they work, and what problems they might solve on this episode of Everything Everywhere Daily. Sponsors Newspapers.com Honor the past by uncovering its stories at Newspapers.com Promo Code EVERYTHINGEVERWHERE Samsara Don’t wait for the next accident to take action. Head to Samsara.com/EVERYTHING ButcherBox Get your choice between chicken breast or top sirloin for a year OR ground beef for life, PLUS $20 off when you go to ButcherBox.com/everything Quince Go to quince.com/daily for 365-day returns, plus free shipping on your order! Mint Mobile Save 50% on Unlimited premium wireless plans starting at $15/month at MintMobile.com/EED Audible Listen to Project Hail Mary Audible.com/hailmary Fast Growing Trees Get 20% off your first purchase when using the code DAILY at checkout at fastgrowingtrees.com/daily Subscribe to the podcast! https://everything-everywhere.com/everything-everywhere-daily-podcast/ -------------------------------- Executive Producer: Charles Daniel Associate Producers: Austin Oetken & Cameron Kieffer Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere Discord Server: https://discord.gg/Ds7Rx7jvPJ Instagram: https://www.instagram.com/everythingeverywhere/ Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily Twitter: https://twitter.com/everywheretrip Website: https://everything-everywhere.com/ Disce aliquid novi cotidie Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	One of the most talked about topics in finance today is stable coins.
0:05.1	Stable coins have the potential to totally upend the world of banking and finance.
0:09.7	Banks, governments, and tech companies are all looking at stable coins to determine how they might use them in the future.
0:16.0	However, as important as they might be, most people have absolutely no clue what they are.
0:22.1	Learn more about stable coins, how they work, and what problems they might solve on this
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1:06.1	dollar a month trial at shopify dot com slash set up Fear is the virus is trending on TikTok.
1:13.8	Vaccines are poison.
1:15.7	Then your yoga teacher says that sex traffic children are being sacrificed by satanic liberals,
1:21.3	but it's all okay.
1:22.7	The great awakening is coming.
1:25.1	What is happening?
1:27.6	Every week on Conspiratoryuality Podcast, we explore the fever dreams that suck friends,
1:33.7	family, and wellness gurus down the right-wing cult spiral in a search for salvation.
1:51.2	One of my least favorite terms is crypto. The reason is that the word is so vague and can encompass many things that are often quite different from one another. Bitcoin is technically
1:55.8	a cryptocurrency, but it's completely decentralized and strictly limited in the number that can
	...

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