Stablecoins: Rebuilding Global Financial Systems

Stablecoins: Rebuilding Global Financial Systems

Stablecoins: Rebuilding Global Financial Systems

Learn basics of Stablecoins, Global Stablecoins, and Central Bank Digital Currencies. Impact on Global Financial Systems

Language: english

Note: 4.8/5 (7 notes) 2,180 students  New course 

Instructor(s): Sam Ghosh

Last update: 2022-04-04

What you’ll learn

  • Problems with using cryptocurrencies for payment and the need for Stablecoins.
  • What is a Stablecoin?
  • Types of Stablecoins – Asset-Backed and Algorithmic
  • Some Stablecoin Projects
  • Centralized and Decentralized Stablecoin Issuance
  • Stabilization mechanisms – Arbitrage and Algorithm based
  • Applications of Stablecoins
  • Investing in Stablecoins – Return and Risk sources
  • Global Stablecoin – Diem etc.
  • Central Bank Digital Currencies (CBDC)

 

Requirements

  • No programming experience needed.

 

Stablecoins: Rebuilding Global Financial SystemsStablecoins: Rebuilding Global Financial Systems

 

Description

If you heard the term stablecoin but are not sure about how they work or how it can impact your industry, this course is for you.


Stablecoins are crypto-assets where the value is pegged to an external reference generally the price of a fiat currency such as a dollar or pound. Pegging means when an asset tries to maintain its price equal to the price of another asset.


Though Stablecoins represent only 10-15% of crypto assets in market value, they are responsible for 70-80% of the daily transaction value. It is because stablecoins offer various real-world use cases and the ability to integrate them into traditional i.e. fiat economy that most crypto-assets do not.


Stablecoins offer the prospect of solving some major economic problems – from drastically reducing cost and delay in global remittances, to reducing friction in global trade and creating truly global marketplaces to enabling automated recurring payments through DeFi – Stablecoins can dramatically change various industries.


At the same time, Stablecoins are posing various risks both for the holders of stablecoins and for the larger economic system.


This course covers various aspects of Stablecoins – from how they work to applications to various stablecoins projects to sources of return and risks in investing in stablecoins.


This course also discusses global stablecoins such as Diem from Facebook and covers Central Bank Digital Currencies.


So, let us get started on Stablecoins.

 

Stablecoins: Rebuilding Global Financial SystemsStablecoins: Rebuilding Global Financial Systems

 

Who this course is for

  • This course is primarily suitable for business and tech professionals who want to understand the impact of stablecoins on their industries.

 

Course content

  • Introduction
    • Introduction
    • Who is this course for?
    • Course Outline
  • Why do we need Stablecoins?
    • Using cryptocurrencies for payments
    • Why Stablecoins?
  • Stablecoin Basics
    • What is a Stablecoin?
    • Types of Stablecoins.
    • Asset-Backed Stablecoins
    • Algorithmic Stablecoins
  • Some Stablecoin Projects
    • Tether USD (USDT)
    • Maker DAI
    • Origin Dollar (OUSD)
    • FEI Stablecoins
    • Ampleforth (AMPL)
  • Stablecoin Mechanisms
    • Stablecoin Lifecycle
    • Stablecoin Issuance
    • Price Stabilization
    • Algorithmic Price Stabilization
    • Redemption or Burning
  • Stablecoin Applications
    • Payments and other financial services
    • Safe Haven Assets
    • Foreign Exchange
    • Managing Liquidity of Crypto Asset Portfolios
    • Use in Decentralized Finance
  • Stablecoin Return Sources
    • Types of Returns
    • Yield Farming
    • Arbitrage
    • Origin Dollar Model
  • Risk in Stablecoin Investing
    • Counterparty Default Risk
    • Smart Contract Risk
    • Regulatory Risk
    • Collateral Risk
  • Global Stablecoins
    • What is a Global Stablecoin?
    • Some Global Stablecoin Projects
  • Central Bank Digital Currencies (CBDC)
    • CBDCs
    • Stablecoins vs CBDCs
  • Thank you
    • Thank you

 


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