Stablecoins

…And I would say number two in terms of the topic, uh, density, uh, is around stablecoins and I know your research focuses on that.…

…Michael on the day of mastercard's second quarter earnings to talk through how the payment network actually works, why cybersecurity has become one of its most important growth businesses, and what stablecoins really mean for the future of um, money.…

…Ron Shevlin (00:14:40.854) Like stablecoins and- It was Grand Funk Railroad from the '70s.…

…Each of these are innovations that allow new things to unlock stablecoins.…

…WhatsApp was part of the habit, right? So we started building, uh, from day zero, uh, leveraging stablecoins on WhatsApp.…

…And you were one of the early pioneers of stablecoins, I think, before they were called stablecoins.…

…And it wasn't until we found, frankly, what you guys, uh, were doing with stablecoins, uh, where it was explainable to my mom, uh, you know, this is a dollar on the Internet.…

…And in Particular in that last category, in the last few years regulation and new laws have been taken and have been accepted that regulates that stablecoin market, meaning that issuers of those stablecoins that they need to hold deposits in such a way that they can always be able to pay back when holders of the digital currency redeem the currency back with the issuer.…

…We've got a new resource for you on fasterpaymentscouncil.org, stablecoins as a cross Border Payment Method the FPC Cross Border Payments Workgroup in collaboration with the FPC Digital Assets Workgroup have developed this report that examines how genius act compliant stablecoins could be used…

…We are also working quite a lot and we launched in um, our EU bank this year because that's been another area of growth for us in terms of expansion to the eu, um, things like digital assets and stablecoins, um, and tokenized deposits and really looking at that interoperability part and again how we can support uh, those kind of new forms of transfers of value um because they're being increasingly adopted uh, in kind of…

…So there's certain areas such as stablecoins in the developing world, um, digitalized funds and Treasuries used in the crypto world for various purposes, and the beginnings of real world asset tokenization where we're beginning to, you know, come on board.…

…But we're all always still trying to find a common link or thread that, that leads back to blockchain or stablecoins, because that is still our main mandate.…

…So, um, today I'm very excited to say we are chatting with Austin Campbell, all about, uh, the crazy world of stablecoins, risk management and what he's been up to the last few years.…

…peaker A: And then I always saw the potential of using stablecoins as uh, my banking layer, but always suffered because nobody else is using this around me.…

…REAP provides global financial infrastructure powered by stablecoins and the company has raised over US$17 million in equity funding until today.…

…And it was months after he had been at the White House in July when President Trump was establishing a legal framework for stablecoins when they signed the Genius act together.…

…So we call like coinbase a web 2.5 company, uh, in terms of crypto assets, things like stablecoins.…

…We really think that the future of cash is going to be yield bearing stablecoins.…

…I mean, if you think what are stablecoins a.…

…Rain helps any business begin using Stablecoins for payments and card programs.…

…And we're seeing, um, certainly 2024 was called the year of stablecoins.…

…Plus, where MasterCard sees its right to win in agentic payments, account to account transfers and stablecoins, Mark closes with his advice for commercial cardheads at mid sized banks over the next 12 months.…

…Again, this is the second part of the first episode really under this banner of what is it going to take for stablecoins to go mainstream, particularly in corporate finance and corporate treasury.…

…We're excited to continue this series on stablecoins.…

…One thing I wanted to talk to you about is stablecoins and sort of this broad adoption of stablecoins that's now happening within fintech.…

…The reality is, is that free trade on the continent isn't possible without a technology like blockchain, without stablecoins.…

…I'm um, kind of breaking news here but we should be looking at ah, new stuff and new offerings on stablecoins linked with Visa's capabilities towards the end of this year, beginning of next.…

…How are countries like Brazil and uh, the UAE considering stablecoins and CBDCs as part of their policy objectives?…

…So there is this imminent uh, milestone where Genius um is going to go into effect and uh, stablecoins, stablecoin are going to become real money.…

…I convinced them to accept payments in stablecoins from me.…

…Today we're diving into a topic at the center of digital finance transformation which is stablecoins.…

…Edward (02:18.882) Yes, we basically allow people to embed both crypto and stablecoins within their infrastructure stack.…

…The first is that the US has passed legislation, the Genius act, which authorizes companies to issue stakeholders stablecoins, which are tokens backed by, um, a dollar.…

…So stablecoins will win when they're literally as boring as a card payment.…

…But it's now how can we get tokenized deposits into the kind of hands of customers in the UK? Now, tokenized deposits are different from stablecoins in that they're not bear instruments.…

…Productized stablecoins as something that I can truly commercialize in market and pretty much all of that is not bank based.…

…peaker C: so what do they expect us to change? So when I think about like all the technology that's now available, so we've been talking about AI for a long time We've been talking about stablecoins, we've been talking about crypto, we've been talking about all the different payment rails, um, the regulatory requirements.…

…Every day there's something new on stablecoins and digital assets.…

…Yeah, we're very excited about the growth of stablecoins on base.…

…In this episode, we delve into the world of cryptocurrencies, blockchain, DeFi and stablecoins in the wake of recent endorsements by the US government.…

…And then now stablecoins, which is kind of the next wave.…

…Zelle is reportedly preparing its first international expansion, selecting India as the launch market and building a US - India remittance corridor powered by stablecoins on the backend.…

…And what we figured out is there's a way to actually use stablecoins which are much more liquid than a pre funded instrument, and actually move it in real time.…

…I mean, I'll be honest, I'm a very big believer in some of the things going on with stablecoins.…

…But we need to change our, um, to have a change in our mindset, I think to see stablecoins are still seen as a crypto and it's not a crypto.…

…We use I wouldn't say 10%, maybe a little bit less of our capex our development budget on actually exploring new ways of doing payments where digital assets or uh, stablecoins have a prominent role because we don't want to be left at the station if the train takes off.…

…It's a pleasure to be talking with you all about stablecoins again.…

…And third, I think the blockchain and all of those technologies related to crypto, related to stablecoins, those are going to erase all of the borders for international transactions and for generally speaking financial services.…

…Um, and I don't know, I don't, I haven't really heard much about anything about stablecoins here.…

…And you know, the building blocks are, are, are there in uh, terms of stablecoins, you know, instead of in, in terms of you know, just um, you know, vault infrastructure, you know, risk management.…

…We dive into the evolution of Bitcoin as a payment system, why Lightning may be the key to mainstream adoption, and how stablecoins, AI, and global regulation are shaping the next wave of innovation.…

…Now the last thing I'll say stablecoins, um because I'm mandated to say it uh as an analyst in this space, um people are excited about it.…

…It's really about regulating stablecoins.…

…So we think about stablecoins, tokenized deposits, instant payment rails.…

…Well and we're going to spend a lot of time today talking about stablecoins and what they allow organizations and systems to do.…

…think needs to happen in terms of bringing some clarity and clear guardrails to the industry? Well, we supported the President's Working Group determination that only banks should be able to issue stablecoins.…

…Next - stablecoins are edging closer to mainstream cross-border use cases.…

…Blockchain, stablecoins, tokenization, promising to completely rethink how money moves globally.…

…And then the sort of fintech ecosystem are looking at stablecoins, just to mention a few of them.…

…Not to say that this is Web three at all, but if you look at the evolution of stablecoins that tie up between Circle and BlackRock, which was announced recently, looks like a really smart example of what I'm talking about.…

…So um, I think it's important to bear in mind that it's possible to send payments through um stablecoins or similar types of assets where uh, you know, popular ones are USDC or usdt.…

…So I wondered if you could talk a little bit about stablecoins.…

…It's a runaway train, right? Larry Fink's been talking about it for all, all year, right? Every major country, financial institution and company is doing stuff in tokenization, in Artemis, in stablecoins and it's all happening in front of us.…

…Trevor T (09:04.372) the overwhelming majority of large businesses now use stablecoins for treasury management, for international payments and, you know, I think maybe even some B2C use cases, we see stablecoins and remittance.…

…Stablecoins are the future of payments.…

…peaker E: CFOs deploy stablecoins to unlock trapped cash Corporate treasury departments are venturing into a digital frontier once reserved for crypto enthusiasts.…

…It eliminated key regulatory uncertainties around stablecoins, digital currencies pegged to fiat money, effectively giving companies a green light to explore them as liquidity tools.…

…This virtual approach to property financing, first reported by Commercial observer, shows a growing acceptance of stablecoins, digital currencies pegged to real dollars as a tool for real estate capital markets.…

…One of the most striking shifts is the rise of stablecoins, digital currencies pegged to traditional money, as a mainstream tool for international commerce.…

…You hear me talk about talking about Bitcoin or Ethereum Ripple, which is XRP or Dogecoin, or some of the other memes as well, Stablecoins that always match the equivalent of the underlying asset.…

…To improve liquidity, several household name retailers have quietly begun experimenting with stablecoins and digital currencies to expedite cross border transfers.…

…However, the broader trajectory remains intact: continued institutional experimentation with stablecoins, tokenized deposits, and settlement layers.…

…From the early days our thesis is that uh, there will be more and more stablecoins coming to market.…

…So I know that's not, you know, super on point with, with stablecoins and whatnot, but could you tell me about that experience?…

…This year, the opening keynote from the Collison brothers AI and stablecoins.…