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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Tether

Stablecoin
Banking Regulation, Digital Money, News

Should We Fear Stablecoins?

Larry White/June 24, 2021June 19, 2022

A “stablecoin” is a cryptocurrency whose value is pegged to a fiat currency, gold, or another continuously traded asset. USD Tether (USDT) and USD Coin (USDC), the two stablecoins with the largest values in circulation, are each managed to maintain a price centered on and close to…

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Bitcoin, Blockchain, cryptocurrencies, currency board, Tether
Currency Boards, Digital Money, Financial Innovation

Dollar-Denominated Cryptocurrencies: Flops and Tethered Success

Larry White/April 6, 2017June 19, 2022

A well-known obstacle to the greater popularity of Bitcoin as a medium of payment is the high volatility of its exchange value. This volatility results from its built-in quantity commitment: because the number of Bitcoins in existence stays on a programmed path, variations in the real demand…

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Recent Posts

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  • The New Deal and Recovery, Part 21: Happy Days
  • Stop Lionizing Paul Volcker and Villainizing Arthur Burns
  • How Common Has Private Currency Been?

About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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