Balaji: Stablecoins Are an Intermediate Step to Pure Crypto
Balaji Srinivasan · Weekend Special: Elon Recap, Balaji, Chris Dixon, Brian Armstrong, Crypto Day + Thiel Fellows · May 31, 2025 · at 33:02
Balaji Srinivasan describes how dollar-pegged stablecoins serve as a bridge rather than the final destination of monetary technology.
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“Sablecoins are an intermediate form that facilitates this transition from the, you know, fiat world to the pure crypto world. Kind of like putting newspapers online was an intermediate form.”
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