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Narrow banks: digging into the threat stablecoins pose to bank deposits
A lot of ink has been spilled lately on how stablecoins pose a significant threat to the banking sector. Nic Carter and many others have talked about the rise of narrow banking with stablecoins – essentially institutions that take in deposits but do no lending, just invest the deposits in treasuries. There has been discussion Continue reading
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Stepping out of the airport
On a recent trip to Mexico City, I had the experience of stepping outside of the airport and trying to find a taxi. I was having issues getting my phone to connect to the local cell network, so Uber was not an option (gasp!). This was in no way a real challenging situation. I was Continue reading
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Re-awakening an old muscle
The height of my Spanish proficiency occurred when I was 20 years old. It was the Fall of my Junior year of college. I had just come back from spending the summer in a language emersion program in Barcelona. That fall I enrolled in a Spanish literature course. I had finally graduated from the formal Continue reading
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Reflections on the 1st edition of Stablecoin Conference LatAm
I had the opportunity to attend Bitso’s first edition of the Stablecoin Conference LatAm in Mexico City this past week. Bitso is the largest crypto exchange in the region, and with this conference, their goal was to bring together those working on stablecoins in the Latin American market. The hype around stablecoins is at all Continue reading
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Wyoming is all in on stables
Last week Wyoming announced the launch of its own stable token “Frontier Stable Token” (FRNT). As those closely watching crypto know, Wyoming has been all in on digital assets for almost a decade now. The state has actively courted the industry with favorable regulation and is home to the popular exchange Kraken. Wyoming has passed Continue reading
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How to evaluate subscription management tools
In my current day job at Loop, I spend a lot of time thinking about recurring payments, particular as it relates to stablecoins and crypto. This means I have engaged with many subscription businesses. While recurring billing seems simple enough at first glance, it’s actually quite complex with a range of nuances and edge cases. Continue reading
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Tokenized deposits are where the real innovation lies, but will banks move fast enough?
When I started to go down the crypto rabbit hole in 2018 and 2019, what originally got me interested was the potential for interoperability and efficiency. Rather than requiring intermediaries to trade a stock or exchange deposits between a bank, a shared ledger with cryptographic proofs could allow institutions and individuals to exchange value directly. Continue reading
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Fiserv launches a stablecoin – why is FiUSD interesting?
The headlines keep coming on the theme of stablecoins converging with traditional finance. One of the more recent eye-brow raising announcements was Fiserv getting into the stablecoin game with FiUSD. If you work in the financial services space, you have likely heard of Fiserv, but if you were asked what the company does, you may Continue reading
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Let’s settle this
Stablecoins are disrupting traditional payments. Stablecoins have found product market fit. Stablecoins are crypto’s killer use case. Stablecoins are “room-temperature superconductors.” Get a couple crypto bros in a room, and I guarantee you hear some version of this narrative around stablecoins. Ask someone to explain how this great disruption is going to occur, and it Continue reading
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Scaling privacy on chain
After a long wait, stablecoins are having their moment. Traditional financial institutions and payment processors are engaging with the space and figuring out what stablecoins mean for their businesses. One issue that remains a hurdle for some large players getting into the space is privacy. While some would call the open and transparent nature of Continue reading
Jeff Cangialosi 