189 - Taking Treasury Bills Onchain with Martin Carrica

<p>The overnight fed funds rate is 5.3% but how much are you getting from that in your bank account? How much are you getting from your stablecoins? </p> <p>Today on the show Martin Carrica walks us through a world in which we can tokenize treasuries instead of just dollars.<br /> ------<br /> ✨ DEBRIEF | Ryan & David unpacking the episode:<br /> <a href= "https://www.bankless.com/debrief-onchain-t-bills/">https://www.bankless.com/debrief-onchain-t-bills/</a> </p> <p>-----<br /> Check your wallet with our brand new tool: Claimables 🎁<br /> <a href= "https://bankless.cc/GetClaimables">https://bankless.cc/GetClaimables</a> </p> <p>------<br /> 📣 LayerZero | Accelerating Web3 Interoperability via GoogleCloud<br /> <a href= "https://bankless.cc/layer-zero">https://bankless.cc/layer-zero</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> <a href= "https://%E2%81%A0https//k.xyz/bankless-pod-q2">⁠https://k.xyz/bankless-pod-q2</a> ⁠</p> <p>🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING<br /> <a href= "https://%E2%81%A0https//bankless.cc/MetaMask">⁠https://bankless.cc/MetaMask</a> </p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "https://%E2%81%A0https//bankless.cc/Arbitrum">⁠https://bankless.cc/Arbitrum</a>  ⁠</p> <p>🛞MANTLE | MODULAR LAYER 2 NETWORK<br /> <a href= "https://bankless.cc/Mantle">https://bankless.cc/Mantle</a>  ⁠</p> <p>🦄UNISWAP | ON-CHAIN MARKETPLACE<br /> ⁠<a href= "https://bankless.cc/uniswap">https://bankless.cc/uniswap</a> </p> <p>🔗 CELO | CEL2 COMING SOON<br /> <a href= "https://bankless.cc/Celo">https://bankless.cc/Celo</a> <br /> ------<br /> TIMESTAMPS</p> <p>0:00 Intro<br /> 7:16 Intro To Martin<br /> 10:37 Risk Free Rate of Return<br /> 16:06 Inflation Experience in Argentina<br /> 20:41 Why Don't We have Onchain TBills?<br /> 22:44 Laws Around Treasuries<br /> 27:08 Do The Fed's Want This?<br /> 31:53 Don't we Already Have Onchain Treasuries?<br /> 37:18 The Next Evolution Of Stablecoins<br /> 40:01 How Big Could This Be?<br /> 50:12 Cutt