Why the ECB Is Getting in on the Stablecoin Game
Discussing the ECB's recent stablecoin comments, the resurfacing of some prominent 2017 token projects and a debate: Is crypto for criminals?

Welcome to The Breakdown with Nathaniel Whittemore. Starting off this episode we discuss European Central Bank (ECB) President Christine Lagarde’s comments on stablecoins that inflamed Crypto Twitter yesterday. She said projects in the space indicated clear demand even as she gave bitcoin a bit of a backhanded compliment.
Meanwhile, two hugely hyped projects – Orchid and Filecoin – have both resurfaced. What might this mean for the token narrative going into 2020? We'll explore what the growth of these tokens means for the market in general.
Lastly, in her end-of-year piece for CoinDesk, Jill Carlson triggered an avalanche of commentary by arguing that crypto isn’t supposed to be mainstream because its primary use case is for censored transactions. We'll go deep on that subject on today's podcast.
More For You
‘The banks will not accept it’: Dimon escalates battle over stablecoin rewards in CLARITY Act debate

JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.
What to know:
- JPMorgan Chase CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned that the latest CLARITY Act draft could fail if lawmakers do not address banks’ concerns over stablecoin regulation on Friday.
- Dimon argued that the bill would let stablecoin issuers effectively pay interest on deposits without bank-style protections, predicting...











