About this episode

David Seroy discusses the potential of a Bitcoin-backed stablecoin as a credible alternative to traditional stablecoins backed by US Treasuries.

Every popular stablecoin — Tether, USDC — is ultimately backed by US Treasuries, which means a handful of entities can freeze, seize, or censor your funds at will. In this conversation, David Seroy of Alpen Labs explains to Bitcoin Magazine's Shinobi why a Bitcoin-backed stablecoin is the credible alternative the space has been missing. They cover the immutable Liquity protocol, Bitcoin ZK rollups, and how to mint a dollar that inherits Bitcoin's security. Grab your copy THE 2036 ISSUE👇https://store.bitcoinmagazine.com/pages/the-2036-issue 🔶 Shinobi — Bitcoin Magazine🔶 David Seroy — Head of Ecosystem, Alpen Labs Chapters: 1:50 — Rethinking stablecoin collateral without the dollar2:37 — Why DAI and Terra Luna failed3:29 — Liquity's immutable, governance-free breakthrough4:41 — Bitcoin ZK rollups: the missing collateral layer6:09 — How liquidations and the stability pool work9:23 — Who funds the stability pool — and why11:13 — Liquity V2 and user-set interest rates13:28 — Privacy, censorship resistance, and closing thoughts #Bitcoin #Stablecoins #BitcoinBackedStablecoin #CensorshipResistant #Liquity #LiquityV2 #AlpenLabs #DavidSeroy #Shinobi #BitcoinMagazine #BitcoinConference…

More episodes of Bitcoin Magazine Podcast

• Bitcoin Investing in the Age of AI: Why Miners are Pivoting w/ MARA CEO Fred Thiel · July 19, 2026 · 50 min
• This MIT Researcher Has a Plan to Put Privacy in Every Bitcoin Wallet · July 16, 2026 · 15 min
• Why China's "Thousand Model War" is a Risk to US National Security | BPH Ep 42 · July 14, 2026 · 1h 0m
• MIT's Ethan Heilman: 80% of Bitcoin is Quantum Vulnerable - How to Stop the Q-Day Threat · July 9, 2026 · 23 min
• Who Your Bank Is Really Working For w/ BitGo CEO Mike Belshe | BMP 016 · July 8, 2026 · 52 min
• "Bitcoin Is the Hurdle Rate": How Strive Stacked 14,000 BTC w/ Matt Cole | Bitcoin Backstage · July 8, 2026 · 35 min

Explore listener stats, chart rankings, contacts and more on the Bitcoin Magazine Podcast podcast page.