The Unbundling of Banks: How Stablecoins Change Everything | Charles Calomiris
Description
What happens when stablecoins break apart the traditional business model of banks?
Economist Charles Calomiris explains how the “unbundling” of payments and lending reshapes finance, why politics matter more than technology, and what this revolution could mean for the dollar’s future.
------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
------
BANKLESS SPONSOR TOOLS:
🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax
🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🎩DEGEN | JOIN THE COMMUNITY
https://bankless.cc/degen
🌳KGEN | REQUEST A DEMO
https://bankless.cc/KGEN-podcast
🏄 SURF | UPGRADE YOUR CRYPTO RESEARCH
https://bankless.cc/surf
------
TIMESTAMPS
0:00 What Are Banks?
7:56 Chartered Banking
30:44 The Unbundling
51:48 Stablecoin Yield Concerns
1:01:42 Death of The Dollar?
1:15:45 Stablecoins Abroad
1:20:52 Future of The Dollar
1:24:38 Dollar as a SoV
1:32:10 Are Stablecoins Winning?
1:36:30 Closing & Disclaimers
------
RESOURCES
Charles Calomiris
Fragile by Design (Charles' Book)
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
United States
