#43 – The Secret Sauce of Stablecoins with Paxos Executive Director Wee Siang Lee episode artwork

EPISODE · Jan 5, 2026 · 37 MIN

#43 – The Secret Sauce of Stablecoins with Paxos Executive Director Wee Siang Lee

from The Web3 Watchdogs · host Cyvers Podcast

Michael Pearl interviews Wee Siang Lee, Executive Director and Head of APAC compliance at Paxos. They discussed the intersection of compliance, regulation, and innovation in the crypto space. They also explore Wee-Siang's journey from traditional finance to the crypto world, the role of Paxos in the stablecoin ecosystem, and the regulatory challenges faced by stablecoin issuers. The conversation also delves into the mechanisms of stablecoin issuance, the importance of operational hygiene in preventing hacks, and the compliance measures necessary for cashing out stablecoins. Additionally, they discuss the evolving landscape of scams in the crypto industry and the differentiation between Pax Dollar and Pax Gold.(01:12) Wee Siang's Journey in Compliance(04:33) Paxos: Infrastructure and Regulatory Framework(08:46) Regulatory Landscape for Stablecoins(11:41) Challenges in Multi-Jurisdictional Regulation(14:56) On-Chain Mechanisms of Stablecoin Issuance(18:58) Protecting Smart Contracts and Operational Hygiene(23:25) Compliance Measures for Cashing Out Stablecoins(27:04) Understanding Scams and Fraud Prevention(30:46) Differentiating Pax Dollar and Pax GoldThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Binance, Ledger, BitGo, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠⁠

Michael Pearl interviews Wee Siang Lee, Executive Director and Head of APAC compliance at Paxos. They discussed the intersection of compliance, regulation, and innovation in the crypto space. They also explore Wee-Siang's journey from traditional finance to the crypto world, the role of Paxos in the stablecoin ecosystem, and the regulatory challenges faced by stablecoin issuers. The conversation also delves into the mechanisms of stablecoin issuance, the importance of operational hygiene in preventing hacks, and the compliance measures necessary for cashing out stablecoins. Additionally, they discuss the evolving landscape of scams in the crypto industry and the differentiation between Pax Dollar and Pax Gold.(01:12) Wee Siang's Journey in Compliance(04:33) Paxos: Infrastructure and Regulatory Framework(08:46) Regulatory Landscape for Stablecoins(11:41) Challenges in Multi-Jurisdictional Regulation(14:56) On-Chain Mechanisms of Stablecoin Issuance(18:58) Protecting Smart Contracts and Operational Hygiene(23:25) Compliance Measures for Cashing Out Stablecoins(27:04) Understanding Scams and Fraud Prevention(30:46) Differentiating Pax Dollar and Pax GoldThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Binance, Ledger, BitGo, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠⁠

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#43 – The Secret Sauce of Stablecoins with Paxos Executive Director Wee Siang Lee

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This episode was published on January 5, 2026.

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Michael Pearl interviews Wee Siang Lee, Executive Director and Head of APAC compliance at Paxos. They discussed the intersection of compliance, regulation, and innovation in the crypto space. They also explore Wee-Siang's journey from traditional...

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