Interesting Listen: Ropes & Gray Podcast on Stablecoins
In the shadow of TERRA/LUNA’s recent collapse, Ropes & Gray recently released a podcast, hosted by asset management attorneys Melissa Bender and Charlie Humphreville, which discusses stablecoins generally, including how they are intended to operate and their importance to the overall digital assets markets. The podcast also covers potential regulatory developments that may impact stablecoins. The hosts define stablecoins as “digital assets with a value that is intended to be pegged to that of another asset.” While discussing the future of stablecoins, the hosts note “anyone with the ability to regulate stablecoins in the U.S. has expressed an interest, so it would be unwise not to expect some form of regulation in this space.”