189 - Taking Treasury Bills Onchain with Martin Carrica - podcast episode cover

189 - Taking Treasury Bills Onchain with Martin Carrica

Sep 25, 20231 hr 15 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

The overnight fed funds rate is 5.3% but how much are you getting from that in your bank account? How much are you getting from your stablecoins? 

Today on the show Martin Carrica walks us through a world in which we can tokenize treasuries instead of just dollars.
------
✨ DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-onchain-t-bills/ 

-----
Check your wallet with our brand new tool: Claimables 🎁
https://bankless.cc/GetClaimables 

------
📣 LayerZero | Accelerating Web3 Interoperability via GoogleCloud
https://bankless.cc/layer-zero 

------
BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
⁠https://k.xyz/bankless-pod-q2

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING
⁠https://bankless.cc/MetaMask 

⚖️ ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum  ⁠

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle  ⁠

🦄UNISWAP | ON-CHAIN MARKETPLACE
https://bankless.cc/uniswap 

🔗 CELO | CEL2 COMING SOON
https://bankless.cc/Celo 
------
TIMESTAMPS

0:00 Intro
7:16 Intro To Martin
10:37 Risk Free Rate of Return
16:06 Inflation Experience in Argentina
20:41 Why Don't We have Onchain TBills?
22:44 Laws Around Treasuries
27:08 Do The Fed's Want This?
31:53 Don't we Already Have Onchain Treasuries?
37:18 The Next Evolution Of Stablecoins
40:01 How Big Could This Be?
50:12 Cutting Out Commercial Banking
52:21 Explaining The Product
55:57 Onchain Vs Traditional TBills
1:02:51 How Big Can This Get?
1:04:10 Identifying Legit Onchain TBills
1:05:49 Why Doesn't Circle Do This?
1:11:50 Dealing With US Regulation
1:15:02 Central Bank Digital Currency
1:19:02 Can This Start a Bull Market?

-----
RESOURCES

Martin on Twitter:
https://twitter.com/mcarrica 

Martin's article on Stablecoins:
https://mcarrica.substack.com/p/stablecoins-are-cryptos-hidden-money 

-----
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures  

For the best experience, listen in Metacast app for iOS or Android
Open in Metacast
189 - Taking Treasury Bills Onchain with Martin Carrica | Bankless podcast - Listen or read transcript on Metacast