Stable Channels with Tony Klausing (SLP591)

Even as bitcoiners, we can’t deny that there is demand for ‘stablecoins’ or some kind of stable value feature. Tony Klausing, bitcoin and lightning developer joins me to talk about Stable Channels. This approach to stable value is self custodial, P2P, and bitcoin-native. We talk about the benefits, trade offs and who this would be suitable for. Timestamps: (00:00) - Intro (00:51) - Tony’s background (03:28) - Opportunity of Stable Channels (05:46) - Fiat-backed stablecoins Vs. Crypto-backed stablecoins(10:23) - Overview of Stable Channels (14:17) - Difference between DLCs & Stable Channels