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51 Neutral

CoinDesk Discusses OCC Stablecoin Rules and Deposit Tokens

Original title: Stablecoins Causing Bank Deposit Flight Is 'Mathematically Not Possible' Says CEO

CoinDesk 23:03 1 views on YouTube ETH −0.4% JST +1.1%

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Summary

CoinDesks The Policy Protocol covers updates on OCC stablecoin rules and an OKXICE filing regarding tokenized equities. Zero Knowledge founder and CEO Austin Campbell joins hosts Rebecca Rettig and Renato Mariotti to discuss JPMorgan landing its JPMD deposit token on ETH. Campbell argues that stablecoins causing bank deposit flight is mathematically impossible. The episode also features a16z Crypto, renamed a16z Frontier by Chris Dixon, named as Person of the Week.

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Key points

  1. The OCC finalized its stablecoin rules.
  2. An OKXICE filing showed a growing pile of blue-chip objections to tokenized equities.
  3. Zero Knowledge founder and CEO Austin Campbell stated it is mathematically impossible for stablecoins to cause bank deposit flight.
  4. JPMorgan landed its JPMD deposit token on ETH.
  5. a16z Crypto was renamed a16z Frontier by Chris Dixon.

Chapters

Chapters come from the timestamps in the video description.

Questions

Who is the CEO of Zero Knowledge?
Austin Campbell is the founder and CEO of Zero Knowledge.
What is the new name of a16z Crypto?
It was renamed a16z Frontier by Chris Dixon.

Related briefs

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