Tokenized

On Ep. 100 of Tokenized, Pet Berisha, MD & Co-Creator @ Tokenized is joined by Elise Soucie Watts, Former Regulator, Policy & Regulatory Specialist, Cyril Mathew, Co-Founder & CEO @ Latitude and Matt Marcus, Co-Founder & CEO @ Modern Treasury to discuss Modern Treasury launching noncustodial stablecoin wallets, Latitude raises $35 million, prediction markets, global regulation and more!Timestamps:00:00 Introduction03:00 Modern Treasury launches noncustodial stablecoin wallets with fiat rails05:13 Stablecoin agnosticism and likely consolidation among leading stablecoins08:00 Business stablecoin demand across products, liquidity and payment infrastructure10:11 Dollar denominated stablecoins, dollarization and global monetary sovereignty13:28 Latitude raises $35 million to connect stablecoins with local rails18:19 Regulation first stablecoin infrastructure and Latitude’s global licensing strategy20:28 Stablecoins reducing cross border payment fragmentation and last mile complexity23:23 OpenFX provides onchain FX liquidity for cheaper stablecoin payouts27:52 MoneyGram launches stablecoin linked Visa card and cash off ramps37:36 Robinhood expands prediction markets and its fast growing blockchain ecosystem51:48 Prediction markets and global regulationTokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.Tokenized is presented by Bridge, a Stripe company.Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyzTokenized is also presented by FireblocksWith over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research! Music by Henry McLean

On Ep. 99 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Darko Hajdukovic, Head of Securities Digitization @ London Stock Exchange Group and Ada Vaughan, Head of DeFi @ Stellar Development Foundation to discuss LSEG and Kraken partnership, ICE invests in tZERO, major financial institutions forming a joint bank stablecoin consortium and more!Timestamps:00:00 Introduction1:21 LSEG and Kraken partnership brings tokenized stocks to LSE 245:59 Stock tokens merging with DeFi and new financial products9:53 Tokenized and traditional stocks coexisting across public markets11:22 Onchain equities expanding global access and DeFi collateral use15:11 ICE invests in tZERO amid tokenized securities regulatory changes21:37 Wallet-based securities access bridging traditional and digital markets28:42 Athena Pay and rising competition among global stablecoin neobanks30:44 Local payment integration challenges across Kenya and Brazil36:01 Stablecoin interoperability and programmable settlement for tokenized RWAs38:24 Major financial institutions forming a joint bank stablecoin consortiumTokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.Tokenized is presented by Tempo.Payments may look simple, but fraud, chargebacks, compliance and reconciliation create thousands of hidden challenges. Stablecoins help, but don’t solve them all. Tempo tackles these pain points with native account abstraction, block and allow lists, plus fast, predictable fees. Learn more at tempo.xyzTokenized is supported by Modern TreasuryModern Treasury offers one API for fiat and stablecoins, helping teams launch payment products in days, enter new markets, and serve more customers. Trusted by companies like Procore, Navan, and Morse, and backed by over $600 billion in payments, learn how to adapt to changing payment rails and scale with confidence at moderntreasury.com***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research! Music by Henry McLean

On Ep. 98 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Thomas Cowan, Head of Tokenization @ Bullish and Hannah Arnold, COO @ TurnKey to discuss Revolut launching Euro R stablecoin, Standard Chartered brings regulated Hong Kong dollar stablecoin to institutions, Fasset reaches billion dollar valuation using stablecoins for global settlement and more! Timestamps: 00:00 Introduction 0:56 Revolut launches Euro R stablecoin through Bridge in Europe 5:16 Revolut’s potential shift toward multicurrency onchain accounts 11:09 Stablecoins as cash legs for tokenized equity trading 15:35 Stablecoin payout wallets expanding into yield and investment products 17:55 Standard Chartered brings regulated Hong Kong dollar stablecoin to institutions 22:48 Hong Kong’s stablecoin model for 24/7 China linked financial markets 27:36 China’s digital yuan struggles vs private sector stablecoin innovation 31:58 Fasset reaches billion dollar valuation using stablecoins for global settlement 34:14 Stablecoin neobanks face low barriers, competition and differentiation challenges 40:17 LayerZero ATLAS builds headless exchange infrastructure for onchain equities Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 12 of Agentic Commerce, Cuy Sheffield, Head of Crypto @ Visa, and Bam Azizi, CEO & Founder @ Mesh are joined by Christian Catalini, Founder @ MIT Cryptoeconomics Lab to discuss machine-to-machine payments, why micropayments struggle, AI commoditization and more! Timestamps: 00:00 Introduction 03:29 Why agentic commerce became the intersection of AI and crypto 06:53 Incumbents vs crypto rails in agentic commerce 09:48 Machine-to-machine payments, information markets, and agent liability 13:39 Why micropayments struggle and new agent-focused markets may emerge 18:51 The intent economy, agent efficiency, trust, and verification 20:45 Stablecoins, tokenized deposits, cross-border payments, and treasury operations 24:07 Measurable work automation and human verification as the bottleneck 27:59 AI commoditization, routing, proprietary data, and sustainable competitive moats 33:34 Incumbent data advantages versus startup talent and open weights 36:10 How fintech firms can build and control domain-specific AI Tokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by MeshAs the first global crypto payments network, Mesh makes it possible for anyone — or any agent — to pay or get paid instantly, from any wallet, on any chain, anywhere in the world. Learn more at meshpay.com *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 97 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Ferdinand Dabitz, Co-Founder & CEO @ Augustus and Anna Wroblewska, Chief Business Officer @ Dinari to discuss Stripe’s OpenRouter acquisition, modernizing correspondent banking with stablecoin liquidity, 24/7 tokenized securities and more! Timestamps: 00:00 Introduction 03:23 Stripe’s OpenRouter acquisition and model orchestration strategy 08:54 Stablecoin payments for AI inference through MPP 11:00 Financing AI compute infrastructure and rising private credit demand 14:26 Stablecoin card settlement lowering barriers for smaller issuers 16:38 Trapped liquidity, cross-border payments and emerging market stablecoin adoption 20:44 Modernizing correspondent banking with stablecoin liquidity rebalancing 26:24 Tokenized stock models, ownership rights and synthetic instruments 30:29 24/7 tokenized securities, lending markets and index products 35:58 SEC crypto offering rules, token issuance and liquidity 39:06 24/7 financial rails, Fedwire limitations and operational bottlenecks Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is supported by Modern Treasury Modern Treasury offers one API for fiat and stablecoins, helping teams launch payment products in days, enter new markets, and serve more customers. Trusted by companies like Procore, Navan, and Morse, and backed by over $600 billion in payments, learn how to adapt to changing payment rails and scale with confidence at moderntreasury.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 10 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by Pritpal Shokar, Head of Product, Digital Assets @ Thunes to discuss Thunes stablecoin pre-funding and global payout capabilities, rising stablecoin demand across emerging markets and more! Timestamps: 00:00 Introduction 3:34 Real-time settlement versus traditional financial messaging infrastructure 5:22 Stablecoins shifting from speculation toward real-world payment utility 10:25 Thunes stablecoin pre-funding and global payout capabilities 14:04 Rising stablecoin demand across emerging markets and crypto-native customers 16:44 Stablecoin value comes from liquidity, speed and reach 19:47 Compliance challenges bridging traditional finance and crypto infrastructure 26:26 Tokenized assets, agentic payments and continued fiat demand 31:36 Onchain FX and stablecoin liquidity optimization across corridors 33:16 Stablecoins, tokenized money and future machine-to-machine payments Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 96 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Luca Prosperi, Co-Founder & CEO @ M0 and Ryan Bozarth, Co-founder & CEO @ Dakota to discuss Rain acquiring Ansa to put branded wallets on stablecoin rails, stablecoin linked cards, onchain credit and more! Timestamps: 00:00 Introduction 1:10 Rain acquires Ansa to put branded wallets on stablecoin rails 2:44 Tokenized loyalty points become liquid, interoperable and convertible with stablecoins 6:55 Stablecoin linked cards become table stakes for neobanks 11:20 Global co-brand cards could combine loyalty with onchain credit 14:45 Brazil imposes 24-hour holds on large stablecoin transfers 18:45 Brazil rules may push stablecoin flows toward self-custodial wallets 25:37 Deel expands stablecoin payroll and earn products across 80 markets 30:54 Vault products raise questions around collateral, risk and scalability 45:04 Nasdaq acquires Level Markets to advance 24/7 capital markets 48:50 Stablecoins connect capital markets, payments and corporate treasury management Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 11 of Agentic Commerce, Cuy Sheffield, Head of Crypto @ Visa, and Bam Azizi, CEO & Founder @ Mesh are joined by Ilan Zerbib, Founder & CEO @ Sapiom to discuss Sapiom’s vision for agent infrastructure, agent identity, delegated authority, Sapiom’s agent studio and more! Timestamps: 00:00 Introduction 4:12 Sapiom’s vision for agent infrastructure 6:43 Agent identity, delegated authority, reputation and agent credit scores 8:59 Why stablecoins could power the machine-to-machine economy 13:41 Sapiom’s agent studio, runtime, governance and intelligent model routing 15:30 Reducing inference costs with open-weight models and dedicated GPUs 21:22 Real-world agent use cases across coding, marketing and advertising 23:47 When agentic commerce and the machine economy will accelerate 24:56 Why consumer reluctance limits autonomous AI shopping adoption 32:12 Why agent interfaces may shift from websites to APIs Tokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by MeshAs the first global crypto payments network, Mesh makes it possible for anyone — or any agent — to pay or get paid instantly, from any wallet, on any chain, anywhere in the world. Learn more at meshpay.com *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 95 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Natalya Thakur, Founder & CEO @ Knova and TuongVy Le, General Counsel @ Veda to discuss Western Union and Rain launching Stablecard, stablecoins as opportunity not threat for banks, BlackRock tokenized money market funds for stablecoin reserves and more! Timestamps: 00:00 Introduction 2:04 Western Union and Rain launch stablecard in 37 markets 3:46 Idle stablecoin balances and yield earning potential 5:44 Self custodial model attractiveness for internationalization 6:23 Western Union business model shift with wallet plus card 10:00 Stablecoins as opportunity not threat for banks 15:06 Wells Fargo tokenized deposits for corporate clients 19:54 Interoperability risks of bank permissioned blockchain networks 26:41 Safety and soundness concerns with 24/7 programmable deposits 33:57 Cloudflare programmable wallets for AI agent payments 44:02 BlackRock tokenized money market funds for stablecoin reserves Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com Tokenized is supported by Modern Treasury Modern Treasury offers one API for fiat and stablecoins, helping teams launch payment products in days, enter new markets, and serve more customers. Trusted by companies like Procore, Navan, and Morse, and backed by over $600 billion in payments, learn how to adapt to changing payment rails and scale with confidence at moderntreasury.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 9 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by Ryan Rugg, Global Head of Digital Assets @ Citi Token Services to discuss Citi Token Services liquidity management as first use case, programmable smart contracts, the need for multi bank interoperability and more! Timestamps: 00:00 Introduction 5:26 Lessons on client pain points from IBM blockchain practice 8:25 Citi Token Services liquidity management as first use case 14:33 Programmable smart contracts for shipping canal payments 18:39 Need for multi bank interoperability and industry owned networks 26:02 Tokenized deposits projected to exceed stablecoin transaction volume 28:28 Compliance challenges with stablecoin transaction history auditing 30:38 Tokenized cash as foundation for atomic settlement of assets Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 94 of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Rob Hadick, GP @ Dragonfly, Stephen Sikes, COO @ Public and Ethan Chan, Co-Founder & CEO @ Allium to discuss Tokenized stocks as a global expansion strategy for US fintechs, prediction markets surging and more! Timestamps: 00:00 Introduction 0:30 Embedded wallet acquisitions and consolidation trends in crypto infrastructure 2:16 Monetization challenges and value accrual for standalone infrastructure providers 5:48 Comparing embedded wallets to Plaid's integration moat and maintainability 9:49 Limited DeFi integrations needed versus traditional fintech like Plaid 12:26 Stablecoin adoption challenges for US brokerage on-ramps and payments 14:52 Tokenized stocks' small scale relative to Robinhood's core equities business 16:36 Tokenized stocks as a global expansion strategy for US fintechs 23:00 Institutional demand for 24/7 trading and tokenized collateral for weekend risk 31:02 Stablecoins overindexed in consumer cross border payments versus fiat 39:43 Prediction markets surge driven by politics, sports, and institutional hedging Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Tempo. Payments may look simple, but fraud, chargebacks, compliance and reconciliation create thousands of hidden challenges. Stablecoins help, but don’t solve them all. Tempo tackles these pain points with native account abstraction, block and allow lists, plus fast, predictable fees. Learn more at tempo.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 10 of Agentic Commerce, Cuy Sheffield, Head of Crypto @ Visa, and Bam Azizi, CEO & Founder @ Mesh are joined by Noah Levine, Partner @ a16z Crypto to discuss a new class of merchants and buyers emerging, stablecoins won't kill cards but fill gaps, Jevons paradox and more! Timestamps: 00:00 Introduction 2:20 Agentic commerce is still very early in development 4:14 New class of merchants and buyers emerging 6:17 Stablecoin and blockchain for AI payment needs 7:37 Stablecoins won't kill cards but fill gaps 11:50 Card networks offer trust and brand value 13:23 Value accrues above payment protocols not in them 16:45 Wallet aggregation and headless merchants are key 21:51 Compute orchestration and real time payment opportunities 29:20 Jevons paradox and streaming payments in finance Tokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by MeshAs the first global crypto payments network, Mesh makes it possible for anyone — or any agent — to pay or get paid instantly, from any wallet, on any chain, anywhere in the world. Learn more at meshpay.com *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 93 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Luke Tuttle, CPTO @ MoneyGram, Charles Yoo-Naut, Co-Founder & CTO @ Rain and Darko Hajdukovic, Head of Digital Markets Infrastructure @ London Stock Exchange Group to discuss LSE nighttime trading venue launching 2027, Tokenized UK government debt instrument DIGIT and more! Timestamps: 00:00 Introduction 3:50 London Stock Exchange nighttime trading venue launching 2027 5:09 Tokenized UK government debt instrument called DIGIT explained 8:09 Regulatory recognition of digital assets versus physical assets 13:29 Marqeta partners with zerohash for stablecoin card programs 16:52 Rain full stack issuer versus Marqeta processor agnostic approach 27:57 Ramp launches stablecoin accounts and payments for businesses 35:29 B2B stablecoin adoption for small businesses outside United States 40:25 Augustus raises $180M to build global dollar bank Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com Tokenized is supported by Modern Treasury Modern Treasury offers one API for fiat and stablecoins, helping teams launch payment products in days, enter new markets, and serve more customers. Trusted by companies like Procore, Navan, and Morse, and backed by over $600 billion in payments, learn how to adapt to changing payment rails and scale with confidence at moderntreasury.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 8 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by Alex Bazhenov, Senior Staff Software Engineer @ Ramp and Andrew Chapello, Product Lead @ Ramp to discuss customer demand for faster, cheaper global business payments driving stablecoin adoption strategy, integrating blockchain payments with legacy fiat ledger infrastructure and more! Timestamps: 00:00 Introduction 5:00 Customer demand for faster, cheaper global business payments drives stablecoin adoption strategy 10:09 How Ramp’s spend management, bill pay, banking, and stablecoin products connect 15:10 Customer adoption, product feedback, and making stablecoin accounts invisible to users 17:36 Engineering challenges integrating blockchain payments with legacy fiat ledger infrastructure 23:25 Ramp’s long-term monetization strategy and eliminating on-ramp, off-ramp, and gas fees 33:17 How AI agents automate finance operations and increase productivity across Ramp teams 47:37 Why Ramp believes stablecoins will become bigger than Swift for global payments Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 92 of Tokenized, Cuy Sheffield, Head of Crypto @ Visa is joined by Noah Levine, Partner @ a16z Crypto, Didier Lavallee, Founder & CEO @ Tetra Digital Group and Eric Queathem, Founder & CEO @ Velocity to discuss velocity raising $30 million Series A for stablecoin payments, Canadian dollar stablecoin use cases and more! Timestamps: 00:00 Introduction 1:41 Velocity raises $30 million Series A for stablecoin payments 4:02 Velocity as regulated payment institution not just orchestration 5:11 Stablecoin use cases for corporate treasury internal movements 8:18 Canadian dollar stablecoin use cases for cross border trade 11:29 Visa stablecoin platform and OUSD settlement for acquirers 14:37 Acquirer stablecoin settlement evolution from exchanges to enterprises 23:21 Onchain FX liquidity challenges and bank involvement potential 27:16 DTCC live tokenized stock and treasury trades with major banks 33:41 Stablecoin supply needed for payment utility versus resting capital 39:45 Agentic payments and x402 volume analysis with Artemis report 46:03 Autonomous agent commerce vs human directed agent assistants Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 7 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by John Egan, Chief Product Officer @ Polygon to discuss the utility theory that blockchain should be used for money, only 30% of PSPs own stablecoin infrastructure and more! Timestamps: 00:00 Introduction 5:51 Institutional users demand data proof of value 7:58 Utility theory that blockchain should be used for money 11:33 MiCA license sparked stablecoin adoption in payments 16:30 Only 30% of PSPs own stablecoin infrastructure 22:33 Open Money Stack integrates multiple stablecoin vendors into API 27:35 Polygon is the leading chain for stablecoin payments 35:15 Stablecoins create new use cases, not replacing Swift 43:36 Stablecoins become invisible and are just called money Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 91 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Paul Faecks, CEO & Founder @ Plasma and Guillermo Goncalvez, CEO @ El Dorado to discuss Visa onchain analytics dashboard, growth of stablecoin enabled card spend nearing $1 billion, and more! Timestamps: 00:00 Introduction 2:05 Visa onchain analytics dashboard and adjusted volume methodology 3:56 Growth of stablecoin enabled card spend nearing $1 billion 5:04 Rise of stablecoin orchestrators bridging to traditional payment networks 9:35 Import/export use case for stablecoins in Latin America 16:04 Bankruptcy protection and custodial risks for stablecoin neobanks 27:17 Brick and mortar banking combined with stablecoin cross border payments 33:09 UBS stablecoin proof of concept for B2B cross border payments 40:49 Standard Chartered offering USDC minting and redemption for institutions Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com Tokenized is supported by Modern Treasury Modern Treasury offers one API for fiat and stablecoins, helping teams launch payment products in days, enter new markets, and serve more customers. Trusted by companies like Procore, Navan, and Morse, and backed by over $600 billion in payments, learn how to adapt to changing payment rails and scale with confidence at moderntreasury.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 9 of Agentic Commerce, Cuy Sheffield, Head of Crypto @ Visa, and Bam Azizi, CEO & Founder @ Mesh are joined by Sean Neville, CEO & Co-Founder @ Catena to discuss the early vision for stablecoins and USDC creation, founding Catena, AI focus and more! Timestamps: 00:00 Introduction 2:48 Early vision for stablecoins and USDC creation 5:37 Founding story of Catena and AI focus 8:33 Agentic treasury vs agentic commerce use cases 12:49 Role of identity and trust in agentic commerce 18:38 Internal agents vs cross enterprise agent interactions 24:41 Need for protocols in agent to agent communication 34:07 Token cost efficiency for agentic transactions 41:43 Cryptographic trust advantages of stablecoins for agents Tokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by MeshAs the first global crypto payments network, Mesh makes it possible for anyone — or any agent — to pay or get paid instantly, from any wallet, on any chain, anywhere in the world. Learn more at meshpay.com *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 90 of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Stephen Richardson, Chief Strategy Officer & Head of Banking @ Fireblocks and Ido Ben-Natan, CEO & Co-Founder @ Blockaid to discuss Fireblocks role in OpenUSD launch, BIS view on DeFi lending, Robinhood Earn product and more! Timestamps: 00:00 Introduction 2:46 Fireblocks role in OpenUSD launch 4:29 OpenUSD economic model and revenue distribution 7:45 Jeremy Allaire critique of OpenUSD consortium 10:07 Stablecoin liquidity challenges and global adoption 14:11 Tokenized treasuries and settlement speed impact 21:52 Banks integrating stablecoins with tokenized deposits 26:17 BIS report on stablecoins falling short as money 29:37 BIS view on DeFi lending and bank credit 39:15 Robinhood Earn product and DeFi insurance offering Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

In this bonus episode of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Johann Kerbrat, SVP & GM of Crypto & International @ Robinhood to discuss Robinhood Chain public mainnet launch going live globally, Robinhood Earn offers 7% yield with Lloyds insurance coverage and more! Timestamps: 00:00 Introduction 1:02 Robinhood Chain public mainnet launch goes live globally 1:55 Robinhood Chain partners with Arcus and Lighter for trading 3:17 Robinhood customers can earn yields and use Robinhood Wallet 4:28 Robinhood perps launch with simplified UI for advanced traders 5:52 Stock tokens on Robinhood Chain for 120 plus countries 7:14 Use tokenized stocks as collateral in DeFi applications 9:12 Robinhood ensures stock tokens are backed one to one 11:26 Robinhood Earn offers 7% yield with Lloyds insurance coverage 17:32 Robinhood Chain testnet processed nearly 200 million transactions 22:00 Robinhood launches AI agents for portfolio monitoring and trading *** This episode is brought to you by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research! Music by Henry McLean

On Ep. 6 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by Malcolm Clarke, VP of Digital Assets @ Western Union to discuss USDPT, choosing Solana for fast settlement and developer innovation and more! Timestamps: 00:00 Introduction 4:07 Building digital identity networks with Hyperledger and blockchain 7:00 Solving consumer and internal use cases with stablecoins 10:48 Balancing Western Union’s legacy brand with crypto innovation 14:33 Integrating digital assets into treasury and compliance teams 18:47 Regulatory frameworks and the catalyst for stablecoin adoption 21:49 Naming and designing the USDPT payment token strategy 28:47 Choosing Solana for fast settlement and developer innovation 35:54 Removing pre funding costs with stablecoins for treasury efficiency 40:29 Stablecoins as an integrated fact not just an innovation play Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 89 of Tokenized, Cuy Sheffield, Head of Crypto @ Visa is joined by Noah Levine, Partner @ a16z Crypto, Eric Saraniecki, Co-Founder & Head of Network Strategy @ Digital Asset and Theo Golden, Head of Digital Assets @ Baillie Gifford to discuss the growth of tokenized stocks through crypto exchange models, Baillie Gifford launching UK native tokenized fund and more! Timestamps: 00:00 Introduction 4:26 Growth of tokenized stocks through crypto exchange models 5:33 Onshore versus offshore tokenized asset market bifurcation 7:25 Increased utility of equities via securities lending 12:35 Democratizing prime brokerage services for retail users 16:07 Separating ownership from control in robo-advisory 19:37 Baillie Gifford launches UK native tokenized fund on Solana and Ethereum 24:19 Target customers for tokenized real world assets 31:50 Intersection of tokenized assets and payment systems 34:31 Bank of England stablecoin holding limits and issuance guardrails Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 8 of Agentic Commerce, Simon Taylor, Head of Market Development @ Tempo, and Bam Azizi, CEO & Founder @ Mesh are joined by Sam Ragsdale, Founder & CEO @ Merit Systems to discuss blockchain enabling massive scale for agentic transactions, Merit focusing on open agent commerce with USDC on Base and Solana and more! Timestamps: 00:00 Introduction 6:43 Blockchain enables massive scale for agentic transactions 9:32 Cognitive friction was the real barrier to microtransactions 10:30 Vibe coders as a new market for API consumption 14:30 Stablecoins are the natural payment rail for agent microtransactions 21:30 Merit focuses on open agent commerce with USDC on Base and Solana 23:14 Current agentic commerce volume is small but growing steadily 33:01 Discovery layer is key for agents to find merchant services Tokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by MeshAs the first global crypto payments network, Mesh makes it possible for anyone — or any agent — to pay or get paid instantly, from any wallet, on any chain, anywhere in the world. Learn more at meshpay.com *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 88 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Eli Cohen, Chief Legal Officer @ Centrifuge and Ross Basri, Co-Founder @ Uptop (acq by Rain) to discuss Zelle launching ZelleUSD, banks using stablecoins for cross border payments and more! Timestamps: 00:00 Introduction 2:26 Zelle launching ZelleUSD stablecoin and India expansion 3:48 Banks using stablecoins for cross border payments 5:45 Zelle competing with Revolut and Wise internationally 8:59 Banks embedding FX services into stablecoin products 11:28 Rain launches native loyalty for stablecoin card programs 17:54 Using yield from stablecoins to fund card rewards 24:50 Rain offers credit cards and on chain rewards modules 27:50 Crypto exchanges cancel SpaceX pre IPO token orders 37:51 Different legal models for tokenized securities explained Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

In this bonus episode of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Arjun Sethi, Co-CEO @ Kraken & Payward to discuss Payward as a parent company with Kraken & NinjaTrader, consumer products Kraken Earn and MoneyGram cashout partnership and more! Timestamps: 00:00 Introduction 2:45 Payward as parent company with Kraken & NinjaTrader 3:44 xStocks one to one tokenized equities interoperable across chains 5:00 Binomial acquisition for US crypto perpetuals and commodities 9:29 Payward offering modular financial rails for fintech partners 14:25 Consumer products Kraken Earn and MoneyGram cashout partnership 20:18 Earn vaults offering yield strategies from treasury to high risk 23:10 Global regulation evolution with Europe leading and US complex 31:16 IPO ambitions and building adaptable multi product financial foundation *** This episode is brought to you by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research! Music by Henry McLean

On Ep. 87 of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Noah Levine, Partner @ a16z Crypto, Thierry Edde, Head of Crypto @ Deel and William Peck, Head of Digital Assets @ WisdomTree to discuss stablecoins becoming global checking accounts in emerging markets, tokenized deposits versus stablecoins use cases and more! Timestamps: 00:00 Introduction 4:21 Stablecoins becoming global checking accounts in emerging markets 6:55 Embedded finance wallets integrated into payroll platforms 9:55 Tokenized real world assets enabling embedded financial services 14:20 Difference between tokenized deposits and stablecoins 18:44 Comparison of tokenized deposits versus stablecoins use cases 27:54 Morpho raises $175M for on chain credit 32:43 Canton raises $335M for institutional privacy blockchain 39:34 Figure acquires Kiavi for AI powered real estate lending 45:47 WisdomTree and Deel executives discuss tokenized asset adoption Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 5 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by Raagulan Pathy, Founder & CEO @ KAST to discuss the thesis of building fintech on top of stablecoin rails, building USDK for onchain transparency, trust and more! Timestamps: 00:00 Introduction 7:35 Thesis of building fintech on top of stablecoin rails 9:53 Challenges of scrappy startup fundraising and low salaries 11:39 Early traction through Solana card partnership and trust 13:09 Building USDK for onchain transparency and trust 18:43 Plans for licenses acquisitions and raising more capital 22:47 Growth strategy using referrals cashback and better design 27:14 Stablecoins will become 30-50% of payments in 20 years Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 86 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Chris Mason, CEO @ Orbital to discuss why settlement matters for stablecoin adoption, MoneyGram launch MGUSD and more! Timestamps: 00:00 Introduction 2:42 Why settlement matters for stablecoin adoption 3:18 Mastercard and Visa expand stablecoin settlement networks 6:32 Merchants benefit from faster settlement and transparency 7:50 Privacy challenges for public blockchain payments 11:52 Multilateral netting and streaming money explained 16:30 MoneyGram launches MGUSD stablecoin with self-custodial wallet 23:03 Deel launches yield-bearing USD stablecoin on Tempo 27:23 Revolut offers zero spread stablecoin swaps in US 37:14 CME and Hyperliquid drive 24/7 crypto derivatives trading 47:53 Orbital and Visa resources for stablecoin solutions Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 85 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa are joined by Rene Reinsberg, Co-Founder @ Celo and Charles Hamel, Head of Product, MiniPay @ Opera to discuss Visa CLI onboarding merchants, Cash App supports fee free USDC stablecoin transactions and more! Timestamps: 00:00 Introduction 2:48 Visa CLI onboarding merchants and US rollout 6:25 Cash App supports fee free USDC stablecoin transactions 8:33 Cash App stablecoin safety risks and blockchain addresses 9:32 SoFi launches first bank issued stablecoin on platform 13:39 SoFi stablecoin and tokenized deposit dual strategy 22:33 Mastercard gets BitLicense and Aave secures FCA registration 28:20 Stablecoins as open loop network for global payments 33:03 Mini Pay self custodial wallet for dollar payments 35:54 DeFi security risks from AI and user errors Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 84 of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Kim Hochfeld, Global Head of Digital and Cash @ State Street Investment Management and Dan Romero, GTM @ Tempo to discuss banks moving on chain, the GENIUS Act impact, stablecoin settlement for remittances and more! Timestamps: 00:00 Introduction 2:00 State Street Investment Management's first on chain liquidity fund launch 3:25 Banks moving on chain and the GENIUS Act impact 5:22 Lessons from launching on chain products at State Street Investment Management 8:18 Tempo’s validator role and MoneyGram partnership 10:15 Stablecoin settlement for remittances and physical cash access 14:00 Speed of blockchain collateral vs TradFi operational risk 17:00 Stablecoin payouts moving from contractors to salaried employees 24:30 European bank consortium challenges with euro stablecoins 32:52 Hyperliquid perps explained and regulatory tensions with CME 37:30 Perpetual futures as financial innovation forcing market improvements Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 83 of Tokenized, Cuy Sheffield, Head of Crypto @ Visa, is joined by Noah Levine, Partner @ a16z Crypto, Gmoney and Michael Blau, CTO @ Royal to discuss AWS, Google, Coinbase enabling AI agent payments, headless merchants and more! Timestamps: 00:00 Introduction 2:13 AWS, Google, Coinbase enabling AI agent payments 3:51 Headless Merchants 5:59 Pay per token model replacing subscriptions for content 10:04 Traders and investors as early agentic payment users 13:42 Card on front, stablecoin settlement in hybrid model 15:50 Using AI agents to make money trading 21:27 AI agents trading stocks with self fulfilling predictions 35:12 Circle’s Arc blockchain for institutional stablecoin use 41:19 Local currency stablecoins for treasury yield in emerging markets Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 82 of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Wyatt Lonergan, GP @ VanEck Ventures and Mark Greenberg, VP of B2B @ Kraken to discuss Kraken adding bank withdrawals across 100 countries, Kraken and MoneyGram partnership and more! Timestamps: 00:00 Introduction 1:33 Kraken and MoneyGram global crypto to cash partnership 3:21 Kraken adding bank withdrawals across 100 countries 6:18 Informal local cash networks and stablecoin formalization 8:15 KYC and AML risks in crypto cash withdrawals 10:37 Kraken acquires Reap for stablecoin backed corporate cards 12:55 Verticalization of crypto payment stacks and card economics 25:58 Stablecoins as settlement rail for corporate treasuries 31:25 Bullish acquires Equiniti for tokenized equities infrastructure 40:12 Tokenized private credit and on chain asset demand Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 81 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by David Marcus, CEO & Co-Founder @ Lightspark to discuss Lightspark’s evolution from Bitcoin Lightning Network to stablecoins, delegating money movement to AI agents and more! Timestamps: 00:00 Introduction 4:37 Lightspark’s evolution from Bitcoin Lightning Network to stablecoins 9:18 How Grid Global Accounts enable platforms to create branded accounts 13:25 Delegating money movement to AI agents 16:27 Meta launches stablecoin creator payouts in select markets 21:44 The opportunity to build creator neobanks with stablecoins 26:06 Using alternative data for global credit underwriting onchain 35:23 Western Union stablecoin rollout replacing correspondent banking 39:08 Making platform issued stablecoins maximally fungible across networks 47:07 Visa stablecoin backed cards hit $7 billion run rate Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 7 of Agentic Commerce, Simon Taylor, Head of Market Development @ Tempo, and Bam Azizi, CEO & Founder @ Mesh are joined by Kausik Rajgopal, EVP, Strategy, Corporate Development & Partnerships @ PayPal to discuss trust and fraud management in agentic commerce, PayPal integrations with Microsoft Copilot and Perplexity and more! Timestamps: 00:00 Introduction 01:45 Trust and fraud management in agentic commerce 05:51 AI-driven purchase journeys during Black Friday 08:17 Merchants needing AI channel product discoverability 11:28 Payment options for AI agents including stablecoins 13:29 Consumer versus agent payment optimization differences 15:19 PayPal integrations with Microsoft Copilot and Perplexity 20:54 Travel and hospitality as key agentic commerce use case 27:31 Stablecoin use for microtransactions and real-time settlement 32:33 Interoperability challenges among multiple agent protocols Tokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by MeshAs the first global crypto payments network, Mesh makes it possible for anyone — or any agent — to pay or get paid instantly, from any wallet, on any chain, anywhere in the world. Learn more at meshpay.com *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 80 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Nick Philpott, Co-Founder and Head of Partnerships @ Zodia Markets and Paul Frambot, Co-Founder & CEO @ Morpho to discuss why non USD stablecoins are slow to launch, USDT adoption by US fintechs and more! Timestamps: 00:00 Introduction 1:40 Regional currency stablecoins vs G10 focus 4:27 Why non USD stablecoins are slow to launch 7:44 Ramp adds USDT and stablecoin accounts for fintechs 9:50 USDT adoption by US fintechs and regulatory risk 14:57 USDT vs USDC usage differences in DeFi 19:02 Gig economy stablecoin payouts and slower than expected scaling 24:19 Stablecoin payouts as early mover advantage for brands 30:43 AAVE exploit caused by risky restaking token collateral 44:55 Japan tests government bonds on blockchain Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 6 of Agentic Commerce, Cuy Sheffield, Head of Crypto @ Visa, and Bam Azizi, CEO & Founder @ Mesh are joined by Nikhil Chandhok, Chief Product Officer & CTO @ Circle to discuss agentic commerce impact on everyday consumers, vibe coding, agent owned wallets and more! Timestamps: 00:00 Introduction 4:08 Pre channels era of agentic commerce development 6:51 Agentic commerce impact on everyday consumers 10:44 Vibe coding and cost of building software 14:12 Emergence of new one person merchant endpoints 21:04 Nano payments enabling small value transactions 27:40 Multiple agentic commerce protocols and interoperability 32:11 On chain consumer payments versus traditional cards 36:29 Local currency stablecoins and on chain FX 39:46 Agent owned wallets versus human wallets 42:16 Using AI agents inside product development cycles Tokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by Mesh As the first global crypto payments network, Mesh connects over 300 wallets, exchanges and payments platforms, and enables anyone to pay and get paid instantly, anywhere, in any asset. Mesh makes digital transactions seamless, secure and universal, fuelling the next era of agentic commerce. Learn more at meshpay.com *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 79 of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Alex Johnson, Author @ Fintech Takes and Nikil Viswanathan, CEO & Co-Founder @ Alchemy to discuss token economics and efficiency in AI systems, the consolidation of protocols in agentic commerce and more! Timestamps: 00:00 Introduction 5:03 Payments foundation models using transformer architecture 10:44 Open source models for financial services adoption 17:53 Cost and latency tradeoffs for AI inference 20:24 Token economics and efficiency in AI systems 23:21 Agentic workflows as intellectual property in commerce 25:45 Consolidation of protocols in agentic commerce 30:17 Open source runtime OpenSHIELD for agent security 33:33 Stablecoin advantages for agent to agent microtransactions 35:36 Real traction in search over payments for agents Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 5 of Agentic Commerce, Simon Taylor, Head of Market Development @ Tempo, and Bam Azizi, CEO & Founder @ Mesh are joined by Pahal Patangia, Head of Global Industry Business Development and Payments @ NVIDIA to discuss open source models for financial services adoption, agentic workflows as intellectual property in commerce and more! Timestamps: 00:00 Introduction 5:03 Payments foundation models using transformer architecture 10:44 Open source models for financial services adoption 17:53 Cost and latency tradeoffs for AI inference 20:24 Token economics and efficiency in AI systems 23:21 Agentic workflows as intellectual property in commerce 25:45 Consolidation of protocols in agentic commerce 30:17 Open source runtime OpenShell for agent security 33:33 Stablecoin advantages for agent to agent microtransactions 35:36 Real traction in search over payments for agents Tokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by Mesh As the first global crypto payments network, Mesh connects over 300 wallets, exchanges and payments platforms, and enables anyone to pay and get paid instantly, anywhere, in any asset. Mesh makes digital transactions seamless, secure and universal, fuelling the next era of agentic commerce. Learn more at meshpay.com *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 78 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Prabhakar Reddy, CEO & Founder @ OpenFX and Thomas Cowan, Head of Tokenization @ Galaxy to discuss inspiration for Open FX, the three distinct eras of stablecoin FX liquidity evolution and more! Timestamps: 00:00 Introduction 1:48 Inspiration for Open FX from Western Union remittance queues 4:45 The three distinct eras of stablecoin FX liquidity evolution 6:45 Banks are designed to hold deposits not move money 10:47 FX settlement speed bottlenecks in developed G10 currencies 18:35 Jamie Dimon's annual letter acknowledges blockchain and stablecoin threats 24:32 International banking pressure to adopt stablecoin payment rails 29:20 Tokenization growth and use cases decoupled from Bitcoin volatility 32:09 Onchain shareholder voting for tokenized equity using Broadridge 40:53 Tokenized equities will expand global access to US markets Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 10 of Stablecoin Stats, Andrew Van Aken, Data Scientist @ Artemis is joined by Lucas Shin, Data & Research @ Artemis to discuss defining agentic payments and web resource transactions, x402 vs Machine Payments Protocol and more! Timestamps: 00:00 Introduction 1:46 Defining agentic payments and web resource transactions 4:35 Artemis agentic payments dashboard and transaction trends 5:40 Meme coin influence on agentic payment activity 8:41 Filtering wash trading in agentic payment data 12:05 Real use cases: lead enrichment and CLI tools 14:47 Differences between x402 and Machine Payments Protocol 16:43 Session-based payments and batching low-value transactions 18:57 Supply side growth and discovery for agentic commerce 20:50 Tracking qualified sellers in the agentic ecosystem This episode is brought to you by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. This podcast is powered by Artemis ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

In this bonus episode of Tokenized, Rob Hadick, General Partner @ Dragonfly is joined by Amy Oldenburg, Head of Digital Asset Strategy @ Morgan Stanley to discuss Morgan Stanley's digital asset strategy, ETF trading and wealth management integration, OCC charter for digital asset custody and more! Timestamps: 00:00 Introduction 1:06 Morgan Stanley digital asset strategy defined 2:54 Emerging markets analogy for crypto adoption 5:26 Breaking front office vs back office bias 7:46 ETF trading and wealth management integration 13:24 Price pullbacks help product development 16:52 OCC charter for digital asset custody 19:51 Tokenized equities and dark pool plans 23:22 Prediction markets and institutional interest 25:42 Build vs partner for crypto infrastructure *** This episode is brought to you by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research! Music by Henry McLean

On Ep. 77 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Sam Broner, Founder @ The Better Money Company and Mike Belshe, CEO @ BitGo to discuss frictions in stablecoin payments for retail, the interest and yield debate on stablecoins, quantum computing threat to blockchain cryptography and more! Timestamps: 00:00 Introduction 1:54 Stablecoin clearing house problem explained 3:10 Frictions in stablecoin payments for retail 6:55 Diversity of stablecoins and enterprise issuance 8:19 Clearing house solving many to many problem 10:04 Interest and yield debate on stablecoins 16:25 OpenFX raises $94 million for FX 21:01 Stablecoin cross border payments and FX 30:59 Midas raises $50 million for tokenized liquidity 48:00 Quantum computing threat to blockchain cryptography Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

In this bonus episode of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Danny Russell, Head of Payments Innovation Technology @ Bank of England to discuss stablecoins, settlement, the Digital Pound Lab and more! Timestamps: 00:00 Introduction 1:44 Four major Bank of England payments innovation programs 2:22 Digital Security Sandbox for live digital securities issuance 2:56 Synchronization Lab enabling atomic settlement across ledgers 3:55 DLT Innovation Challenge testing wholesale central bank money on external ledgers 5:28 Digital Pound Lab as platform for industry co-creation 8:27 Digital check use case using verifiable credentials 14:18 Settlement finality approaches in DLT innovation challenge 19:10 Systemic stablecoin regulation and consultation update 22:56 Liquidity savings mechanism saving 75 billion pounds daily *** This episode is brought to you by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research! Music by Henry McLean

On Ep. 76 of Tokenized, Pet Berisha, Co-Creator @ Tokenized is joined by Rob Hadick, GP @ Dragonfly, Robert Mitchnick, Head of Digital Assets @ BlackRock and Noah Levine, Partner @ Andreessen Horowitz to discuss stablecoins evolving into new financial infrastructure, US regional banks building a tokenized deposit network and more! Timestamps: 00:00 Introduction 02:17 Tokenization as an access story for investors 05:51 Three categories of tokenized equity structures 08:41 Transferability limits of whitelisted tokenized assets 11:21 NYSE and Securitize partner for 24/7 trading 15:00 Stablecoins evolving into new financial infrastructure 18:58 US regional banks build tokenized deposit network 24:21 Stablecoins vs tokenized deposits serve different users 25:42 Privacy demand grows for capital markets onchain 31:06 Future market structure with fewer intermediaries Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 4 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by Scott Shay, Founder @ N3XT to discuss the creation and impact of Signature Bank’s Signet, the role in the stablecoin ecosystem as a bank and more! Timestamps: 00:00 Introduction 05:46 The creation and impact of Signature Bank’s Signet 09:41 Lessons learned from the March 2023 bank closures 12:30 Design choices behind the first US narrow bank 16:37 Role in the stablecoin ecosystem as a bank 20:01 Solving interoperability between multiple proprietary stablecoins 25:32 The difference between instant debit and instant settlement 34:51 N3XT's safety features and technological advantages Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 75 of Tokenized, Simon Taylor, Head of Market Development @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Raj Parekh, Head of Stablecoins and Payments @ Monad and Liam Horne, Product @ Tempo to discuss the Machine Payments Protocol MPP, Tempo mainnet launch, Mastercard acquiring BVNK for $1.8 billion and more! Timestamps: 00:00 Introduction 2:36 Machine Payments Protocol MPP overview and purpose 4:31 Visa partnership on MPP and command line commerce 9:25 MPP enabling frictionless agentic workflows 14:52 Sessions enable micro payments per token 19:31 Tempo mainnet launch and key features 22:41 Evolution of third generation layer one blockchains 31:16 Creative agentic applications being built on Tempo 36:22 Mastercard acquires BVNK for $1.8 billion 37:28 Financial institutions need a stablecoin strategy Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 4 of Agentic Commerce, Simon Taylor, Head of Market Development @ Tempo, and Bam Azizi, CEO & Founder @ Mesh are joined by Illia Polosukhin, Co-Founder @ NEAR Protocol to discuss NEAR Protocol, solving AI coordination, payment challenges and more! Timestamps: 00:00 Introduction 7:05 NEAR Protocol & solving AI coordination and payment challenges 15:37 Redefining commerce as an intent-based flow beyond payments 22:41 The landscape of agentic commerce protocols and aggregation 25:01 Security challenges with AI agents and the creation of IronClaw 30:13 The evolution toward secure operating systems for AI 31:25 Balancing crypto integration with the open source community 34:04 Future vision for IronClaw and Near Protocol Tokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is also presented by Mesh As the first global crypto payments network, Mesh connects over 300 wallets, exchanges and payments platforms, and enables anyone to pay and get paid instantly, anywhere, in any asset. Mesh makes digital transactions seamless, secure and universal, fuelling the next era of agentic commerce. Learn more at meshpay.com *** We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 74 of Tokenized, Simon Taylor, GTM @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Raagulan Pathy, CEO & Co-Founder @ KAST and Homam Maalouf, Co-Founder & Chief Products Officer @ Lead Bank to discuss KAST raise $80m for stablecoin neobank, Lead Bank's role in enabling stablecoin card programs and more! Timestamps: 00:00 Introduction 1:39 KAST's $80M raise and vision for a global stablecoin neobank 2:21 KAST's global growth metrics and stablecoin adoption beyond trading 5:48 Lead Bank's role in enabling stablecoin card programs 7:05 Building lasting compliance infrastructure for stablecoin platforms 19:18 NASDAQ partners with Kraken to launch tokenized stocks globally 29:29 Using crypto assets as collateral for loans and credit lines 33:50 Stablecoin settlement with Visa and Mastercard card networks 40:46 Banks issuing their own stablecoins and market fragmentation Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is presented by M0 Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 9 of Stablecoin Stats, Anthony Yim, Co-Founder @ Artemis and Andrew Van Aken, Data Scientist @ Artemis are joined by Chris Harmse, Co-Founder @ BVNK to discuss the state of the stablecoin market from RFPs to implementation, how to pitch stablecoin adoption within an enterprise and more! Timestamps: 00:00 Introduction 4:26 The state of the stablecoin market from RFPs to implementation 7:23 How to pitch stablecoin adoption within an enterprise 9:47 Overview of the BVNK stablecoin utility report 11:43 Stablecoins have velocity and are used for spending not just saving 16:31 Building user trust and keeping capital on payment platforms 19:54 The current state and future of non-USD stablecoins 23:26 The intersection of AI agents and stablecoin payments This episode is brought to you by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. This podcast is powered by Artemis ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean

On Ep. 73 of Tokenized, Simon Taylor, GTM @ Tempo and Cuy Sheffield, Head of Crypto @ Visa, are joined by Tanner Taddeo, CEO & Co-Founder @ Stable Sea and Alfonso Gómez-Jordana, Founder @ Crossmint to discuss stablecoin-linked cards, AI agent exclusive virtual cards, Morgan Stanley applying for national trust charter and more! Timestamps: 00:00 Introduction 3:11 Stablecoin-linked cards as a business model for neobanks and remittance companies 6:15 Launching AI agent exclusive virtual cards powered by Visa intelligent commerce 10:52 Enterprise treasury management using stablecoins with AI agents 13:02 Comparing credit cards versus stablecoins for AI agent payments 24:35 Morgan Stanley applying for national trust charter to custody crypto assets 31:06 Kraken becoming first crypto firm to receive a payments master account 35:34 Fintechs applying for bank charters to control their own destiny 41:32 NYSE parent company ICE investing in crypto exchange OKX Tokenized is sponsored by Visa A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto. Tokenized is presented by Bridge, a Stripe company. Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz Tokenized is also presented by Fireblocks With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com ***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!   Music by Henry McLean