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Does FTX’s SBF Want a Stablecoin War?

Does FTX’s SBF Want a Stablecoin War?

And we get a first-hand look at what it takes for young entrepreneurs and traders to make it in the crypto space.

Raoul Pal: The Journey Man

October 27, 202238m 44s

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Show Notes

When FTX CEO Sam Bankman-Fried recently tweeted about a "Second Great Stablecoin War," few took it to mean the crypto exchange was working on its own stablecoin. But that's exactly what came out of SBF’s interview with The Big Whale this morning. Marco Olivera and Moritz Seibert assess the potential impact of FTX's move on the wider stablecoin market at the top of today’s Real Vision Crypto Daily Briefing. Marco and Moritz also talk about major Bitcoin miner Core Scientific running out of cash, a clash between U.S. regulators over Ethereum, and Hong Kong reportedly planning to legalize retail crypto trading. Later, Kasper Vandeloock of Musca Capital joins the conversation to talk about quantitative trading and setting up a crypto fund at a young age.

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