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How stable is Stablecoin?

Stablecoins are becoming increasingly popular including Circle and Tether
Costfoto/NurPhoto via Getty Images
Stablecoins are becoming increasingly popular including Circle and Tether

Stablecoins are the latest digital asset to grab headlines. Congress is considering legislation around the cryptocurrency, and a Trump family-affiliated company is preparing to launch its own Stablecoin. But does this digital currency live up to its own name?

Related episodes:
What's this about a crypto reserve? (Apple / Spotify)
Is 'government crypto' a good idea? (Apple / Spotify)
WTF is a Bitcoin ETF? (Apple / Spotify)

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Wailin Wong
Wailin Wong is a long-time business and economics journalist who's reported from a Chilean mountaintop, an embalming fluid factory and lots of places in between. She is a host of The Indicator from Planet Money. Previously, she launched and co-hosted two branded podcasts for a software company and covered tech and startups for the Chicago Tribune. Wailin started her career as a correspondent for Dow Jones Newswires in Buenos Aires. In her spare time, she plays violin in one of the oldest community orchestras in the U.S.
Cooper Katz McKim
Cooper Katz McKim is an Assistant Producer for NPR's daily economics podcast The Indicator from Planet Money. Before The Indicator, McKim reported at NPR Member stations in South Carolina and Wyoming. At Wyoming Public Radio, he filed stories with NPR's Environment And Energy Collaborative on bankruptcies, carbon capture and economic transition. He's won a national Edward R. Murrow Award for Best Use of Sound. More recently, he's served as a podcast producer at Sports Illustrated and the HISTORY Channel. He graduated from Tufts University and now resides in Denver, Colorado, where he spends his time mountain biking and playing jazz piano. [Copyright 2024 NPR]
Julia Ritchey
Julia Ritchey is an audio journalist with 15 years experience reporting, editing and podcasting all over the country. She's reported from eight states and all four U.S. time zones, most recently at Nashville Public Radio, Tennessee's largest NPR affiliate, overseeing the station's policy, environmental and education beats.
Kate Concannon
Kate Concannon is the Supervising Senior Editor at The Indicator from Planet Money. She leads this small, collaborative team of hosts, reporters and producers in making sense of crucial, but often complex and confusing, economic news in just 10 minutes a day.