Stablecoins Are Really 'Central Business Digital Currencies'

Sentinel Global founder warns stablecoins mirror CBDC risks

Jeremy Kranz, founder and managing partner of the venture capital firm Sentinel Global, has urged investors to exercise caution when dealing with privately issued stablecoins. According to Kranz, these assets carry all the risks associated with central bank digital currencies (CBDCs), as well as additional, unique vulnerabilities of their own. Kranz refers to privately issued stablecoins as a “central business digital currency.” Based on his exp…

VC Explains: Stablecoins Are Just CBDCs in Private Wrapper

As the world of cryptocurrency continues to evolve rapidly, so do the risks and opportunities surrounding stablecoins and digital assets. Recent comments from industry expert Jeremy Kranz shed light on the potential dangers posed by privately-issued stablecoins, emphasizing the importance for investors to approach these digital assets with caution. Meanwhile, regulatory debates, technological advancements, and market growth are shaping the futur…

Stablecoins are really ‘central business digital currencies’ — VC

Jeremy Kranz, founder of Sentinel Global, a venture capital firm, said investors should be “discerning” and read the fine print on any stablecoin. Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing...

Stablecoins are really 'central business digital currencies'

Privately-issued stablecoins feature the same risks of freezing and surveillance inherent to central bank digital currencies, Jeremy Kranz told Cointelegraph.