EquityWhat happens when DoorDash launches its own stablecoin and users want their money back?
“Someone sent me some money on DoorDash and never spent it.”
So then they could go and use that in their own internal treasury management.
You know? Okay. So so but, like, yeah, I I I hear you. So, basically, it's like we're gonna use all the money that's in our respective wallets. Let's say it is DoorDash, and I have, like, a $100 on DoorDash. Someone sent me some money on DoorDash and never spent it. Whatever. Exactly. And then they can go what? Like, invest that money, make some extra, like, but what you know, I mean, you and I reported on this. What happens when there's a run on the bank? Yeah. Yeah. I mean,
different conversation. Right? So, like, let's say we're DoorDash, and let's say DoorDash launches their own stablecoin.
About this clip
The hosts explore how companies like DoorDash could use customer wallet balances to launch their own stablecoins for treasury management. They raise the critical question of what happens during a bank run scenario when users demand their funds back simultaneously.
Why this clip
This clip crystallizes a key risk in the emerging trend of companies launching stablecoins using customer deposits.
What they said next
Why generalized blockchains are dying and Stripe is building its own payment chain
8:55 - 39s · market insight
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