Episode 11: Celo Stablecoin and CBDC projects

This podcast episode of the Future of Money Podcast by the Digital Euro Association focusses on Stablecoins. DEA founding member Manuel Klein talks with Markus Franke, Partner and economist at cLabs who work on Celo stablecoins, about what stablecoins are, which different types of stablecoins exist and which advantages and disadvantages the different types of stablecoins bring. After having described the different stablecoin-types, Manuel and Markus focus on the decentralized stablecoins of celo: Celo is a layer 1 blockchain with stablecoins like the Celo Dollar and Celo Euro that are optimised for decentralised finance applications on cell phones. Manuel and Markus discuss how the decentralized celo Stablecoins differ from centralized stablecoins and how they are issued, backed and redeemed. Last but not least, Markus explains how celo is aiming to become environmentally sustainable money and which use cases the members of the celo alliance for prosperity work on. Make sure to listen to this very insightful episode on a promising form of the private digital euro: the decentralized stablecoins of celo.

Om Podcasten

The DEA Podcast was brought to life by the Digital Euro Association and deals with digital money, specifically CBDCs and stablecoins with a focus on different forms of a digital euro. The Digital Euro Association, as the largest European Think Tank dealing with digital money, is dedicated to educating people on the tokenization of money. In addition to that, the DEA assists in solving the immense challenge of creating an innovative and open environment for digital tokenized money in the eurozone and its 19 member states. Through shared knowledge and collaboration of the DEA community members, with backgrounds in a wide range of industries, we strive to significantly contribute to the development of the digital euro. On the basis of this interdisciplinarity, it is possible to develop solutions jointly and, under consideration of all interests, to formulate the necessary requirements for politics and the financial sector. In this way, the DEA hopes to offer every citizen, entrepreneur, (central) banker, and politician a platform that helps to understand the enormous impact of the digitization of money on the economy and to define design principles of differing forms of a digital euro.