TECHNOLOGY

Stablecoins

What can help you strengthen your understanding of stablecoins? 
Get equips with a comprehensive understanding of stable crypto assets in today's evolving landscape. Explore the fundamentals, risks, and regulatory aspects of Tether, USDC, Binance USD, Dai, TrueUSD, Pax Dollar, Neutrino, Frax, Magic Internet Money, and Terra USD. Gain insights into the broader financial context by comparing collateral-based stablecoins with the legacy of money market funds.
In May 2022, one of the largest stablecoins, Terra’s USD, a cryptocurrency whose value is designed to remain stable at $1 collapsed and lost investors 18 billion dollars.
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Online Course

Format

30 mins

Video duration

Foundation

Level

Badge

On Completion

Badge of completion

With this online course, you will:
  • Understand the concept, evolution, and different types of stablecoins
  • Comprehend the stablecoins’ relevance in the overall cryptocurrency market
  • Grasp the operational mechanisms of money market funds (MMFs) and identify the parallels with collateralised stablecoins
  • Understand how non-collateralised stablecoins work behind the scenes
  • Acquire knowledge about the main regulatory and risk considerations
Skills

Cryptocurrency

Blockchain

Money Market Funds (MMFs)

Decentralised Finance (DeFi)

Collateralisation

Course Lessons

What are Stablecoins?

In the first chapter, you will learn what exactly is a stablecoin and how far stablecoins have come, from the launching of the first stablecoin to the downfall of Terra, UST. You will learn the different types of stablecoins and how each of them is linked to different asset classes. You will also gain a deeper understanding of the whole stablecoin market and how it measures against the whole crypto market.

Who uses Stablecoins and why?

In the next chapter, you will first understand the risk profile of a stablecoin, and how it fares among other asset classes based on liquidity and risk levels. You will also learn what are the different applications of stablecoins.

 How do Stablecoins work?

In the last chapter, you will learn how money market funds(MMF) work and how they are being hedged. You will understand the objectives of the fund managers and how these MMFs are regulated. You will then be able to understand the similarities between stablecoins and MMF by looking at the disclosure between collateralised stablecoins and an MMF

The Applications and Functions of Stablecoins

In this chapter, we will explore the various applications and functions of stablecoins. We will discuss how stablecoins can be used in decentralised finance and how they can be used to facilitate transactions. We will also examine the potential for stablecoins to disrupt traditional finance and the potential risks and challenges that may arise. By the end of this chapter, you will have a comprehensive understanding of how stablecoins can be used and the potential impacts they may have on the market.

Conclusion

In conclusion, stablecoins are an exciting and rapidly evolving aspect of the world of cryptocurrencies. In this course, we have explored the various types of stablecoins, the mechanisms behind their pegging, and the various applications and functions they can serve. By the end of this course, you will have a solid understanding of stablecoins and be able to apply this knowledge to your own investments and professional pursuits.

Meet your instructor - Huy Nguyen Trieu

Co-founder at CFTE

Huy Nguyen Trieu is the Co-Founder of CFTE. He is also the CEO of The Disruptive Group, a business builder and advisory firm in innovation and finance, and a Venture Partner at Mundi Ventures, an early-stage VC fund in Fintech and Insurtech. He believes that in a world led by technology, we shouldn’t forget the importance of people, which is why he co-founded CFTE to help people improve their skills and find opportunities.
Prior to setting up CFTE, Huy was a Managing Director at Citi, and previously at the Royal Bank of Scotland and Société Générale. Before banking, he was the CEO of Ukibi, a VC-funded startup in the US. He is a frequent keynote speaker in Europe and Asia, likes to teach and share with students and entrepreneurs, and is regularly quoted in articles on innovation and finance.
He writes the blog Disruptive Finance, is an Entrepreneurship Expert at Oxford Said Entrepreneurship Centre and a Fintech Fellow at the Centre for Global Finance and Technology at Imperial College. He was also a member of ESMA’s Consultative Working Group for financial innovation and a founding member of the Asian SuperCharger, one of the largest Fintech accelerators in Asia.