Episode 28 — Liberty Reserve: The First Stablecoin — Crypto Critics’ Corner

Liberty Reserve: the first stablecoin Crypto Critics' Corner

Bennett Tomlin and Cas Piancey review Liberty Reserve – the first stablecoin and the first stablecoin shutdown by US regulators.

In this episode Cas and I discuss what we call the ‘first stablecoin’ Liberty Reserve. Liberty Reserve was a digital representation of a dollar that was marketed based on its censorship resistance that was frequently used for illicit acts and was shut down thanks to massive cooperation between regulators and law enforcement.

I wrote about Liberty Reserve:

Cas wrote about Liberty Reserve:


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