Why Every Company Will Have a Stablecoin — and Why One L2 Isn’t Enough - Ep. 912 episode artwork

EPISODE · Oct 1, 2025 · 1H 32M

Why Every Company Will Have a Stablecoin — and Why One L2 Isn’t Enough - Ep. 912

from Unchained · host Laura Shin

This week on Unchained, we’ve got a double-header. First, Zach Abrams, CEO of Bridge (acquired by Stripe), unveils Open Issuance, a platform designed to let any company launch its own stablecoin. He explains why the stablecoin duopoly is ending, why fragmentation won’t slow adoption, and how stablecoins could pair with AI to reshape global money movement. Then, Kenny Li, co-founder of Manta Network, joins to reveal why Manta is pivoting away from being just another L2. He argues that the scaling wars are oversaturated, that mercenary users make infra battles a fight for crumbs, and that the real prize is at the application layer. Thank you to our sponsors! Mantle Aptos Guests: Zach Abrams, Co-Founder and CEO of Bridge Kenny Li, Co-Founder and Core Contributor of Manta Network Links: Unchained:  How New Stablecoin Startup Bridge Got Acquired by Stripe for $1.1B MetaMask Stablecoin mUSD Goes Live Why JPMorgan and Shopify Are Rolling Out New Products on Ethereum Layer 2 Base Tempo Launch Announcement: The Blockchain Designed for Payments Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on Unchained, we’ve got a double-header. First, Zach Abrams, CEO of Bridge (acquired by Stripe), unveils Open Issuance, a platform designed to let any company launch its own stablecoin. He explains why the stablecoin duopoly is ending, why fragmentation won’t slow adoption, and how stablecoins could pair with AI to reshape global money movement. Then, Kenny Li, co-founder of Manta Network, joins to reveal why Manta is pivoting away from being just another L2. He argues that the scaling wars are oversaturated, that mercenary users make infra battles a fight for crumbs, and that the real prize is at the application layer. Thank you to our sponsors! Mantle Aptos Guests: Zach Abrams, Co-Founder and CEO of Bridge Kenny Li, Co-Founder and Core Contributor of Manta Network Links: Unchained:  How New Stablecoin Startup Bridge Got Acquired by Stripe for $1.1B MetaMask Stablecoin mUSD Goes Live Why JPMorgan and Shopify Are Rolling Out New Products on Ethereum Layer 2 Base Tempo Launch Announcement: The Blockchain Designed for Payments Learn more about your ad choices. Visit megaphone.fm/adchoices

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Why Every Company Will Have a Stablecoin — and Why One L2 Isn’t Enough - Ep. 912

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This episode was published on October 1, 2025.

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This week on Unchained, we’ve got a double-header. First, Zach Abrams, CEO of Bridge (acquired by Stripe), unveils Open Issuance, a platform designed to let any company launch its own stablecoin. He explains why the stablecoin duopoly is ending,...

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