Podcast

189 - Taking Treasury Bills Onchain with Martin Carrica

Today on the show Martin Carrica walks us through a world in which we can tokenize treasuries instead of just dollars.

Sep 22, 2023 • 1 min read

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.

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. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.

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