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Tokenized carbon attributes & supply chain emissions
This post reflects research and analysis over the past year conducted with one of the largest spec traders in voluntary carbon credit markets. Summary Introduction This post introduces the concept of unbundling raw materials with their associated carbon attributes as a new approach to reducing supply chain, or “upstream Scope 3” emissions. It argues that…
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What would happen to USDC if Circle went bankrupt (and why does this matter)?
Over the weekend, USDC depegged after a $3.3b shortfall in the USDC reserve account appeared due to funds stuck in SVB. USDC subsequently regained its peg following the fed decision to cover depositor losses at SVB. In a press release issued before the fed decision was announced, Circle stated it would “stand behind USDC and…
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Protecting DeFi users from exploit losses with on-chain subordinated credit markets
TL;DR: The “investor protection” meme has taken hold post-FTX In the wake of the recent implosions of centralized crypto exchanges and lenders, including FTX, BlockFi, Genesis, Celsius, Voyager and others, “investor protection” has become a powerful meme among lawmakers inclined to intervene in crypto. Lawmakers and regulators note that crypto firms often fail to comply…
JR crypto research 