‘They were afraid to be first, now they're afraid to be left behind’: Paxos’ Charles Cascarilla

The following was produced by Tearsheet Studios. We worked with crypto brokerage Paxos to create a podcast series about the mainstreaming of crypto, the genesis of Paxos, the rise of stablecoins, and crypto’s energy and environmental impact. We’ve reached a point in history where there are no longer two distinct financial systems: the incumbent financial system and the world of blockchain and cryptocurrencies. Some of the most popular fintech apps like PayPal, Revolut, and Venmo have introduced access to crypto. Many of the largest banks have plans to offer crypto trading to their clients. And credit card companies are making it easier to convert crypto to fiat at the point of sale. We call this the mainstreaming of crypto.