Libsyn Directory

Larry Cermak and Mike Rogers (The Block) on the Stablecoin Market (EP.205)

Release Date: 04/12/2021

Weekly Roundup 06/20/25 (GENIUS passes, Nobitex Hack, FUD dice retrospective) (EP.636)

On The Brink with Castle Island

Matt and Nic are back for another week of news and deals. In this episode: The GENIUS Act passes the Senate Should GENIUS be stapled to market structure? Bessent thinks stablecoins could be $3.7T by 2030 Stablecoin FUD Will stablecoins destabilize the US Treasury market JPM's stablecoin FUDs JPMD's deposit token will launch on Base The future of stablecoin yield in the US Circle hits a $50b market cap Yellowcard partners with Visa in Africa Kraken will launch a token for their Ink L2 Are Walmart and Amazon looking at their own stablecoins? An Iranian crypto exchange is...

Santi Alvarado (XFX) on Improving FX for Stablecoins (EP.635)

On The Brink with Castle Island

Sean is joined by Santi Alvarado, CEO/Co-Founder of , to cover their seed raise and how money moves cross border. In this episode: Background of Santi and how he made his way into crypto How legacy FX settlement operates today How XFX enables more liquidity for cross border payment companies

Greg Genega (KPMG) on Crypto Auditing (EP.634)

On The Brink with Castle Island

Wyatt is joined by , Digital Asset and Blockchain leader at KPMG, for a conversation on the state of crypto auditing. In this episode: How KPMG works with crypto companies and protocols Relevant new innovations in the crypto space What to look out for as a new founder

Weekly Roundup 06/13/25 (Stripe buys Privy, Stablecoin FUD, Rogue Traders) (EP.633)

On The Brink with Castle Island

Matt and Nic are back for another week of news and deals. In this episode: Stripe acquires wallet infrastructure company Privy for an undisclosed sum Fireblocks’ stablecoin data Stablecoin FUD Were mnemonic phrases a local maxima? Bullish and Gemini have filed preliminary paperwork for IPOs Soc Gen is launching a USD stablecoin We look at some infamous rogue traders Gamestop’s bitcoin strategy is a flop DTCC is looking at issuing a stablecoin

Weekly Roundup 06/06/25 (Circle IPO, Singapore rules, Trump wallet?) (EP.632)

On The Brink with Castle Island

Matt and Nic are back for another week of news and deals. In this episode: Circle goes public and has an explosive first day The IPO window is open Circle’s vision for CPN is launching a token Will cannibalize Solana? JPM will let clients use Bitcoin ETFs as collateral Strategy introduces new offerings Magic Eden’s strange Trump wallet app announcement Truth Social Bitcoin ETF A K Pop Bitcoin access vehicle Korea’s cultural renaissance Singapore’s abrupt change in posture

Isha Varshney (Celo) on Stablecoin Adoption Across Markets (EP.631)

On The Brink with Castle Island

Wyatt sits down with from the to talk stablecoins. Covered in this episode: Payments in Kenya and Sub-Saharan Africa Stablecoin usage and USDT The future of non-stable tokens

Weekly Roundup 05/30/25 (Bitcoin Access Vehicles, GME buys BTC, Pangea Fund) (EP.630)

On The Brink with Castle Island

Matt and Nic are back with another week of news and deals. In this episode: Warning signs for the Bitcoin access vehicles? Has Bitcoin lost the MoE battle? Is OCP 2.0 over? The Dept of Labor rescinds their anti-crypto 401k guidance Cantor Fitzgerald is launching a bitcoin/gold fund Is it mathematically possible to give Bitcoin upside and gold downside? Content mentioned:

Anthony Yim (Artemis) on Stablecoin Payments from the Ground Up (EP.629)

On The Brink with Castle Island

We sit down with Anthony Yim, cofounder, to talk about the from Artemis, CIV, and Dragonfly, providing brand new estimates of stablecoin payments volume. In this episode: Why we decided to work on the new report How we obtained the estimates Why we decided to put together a bottom-up estimate Stablecoin b2b volumes compared to traditional b2b How do you measure stablecoin transactions? Download the report at

Markus Franke and Denney Kwok (Mento Labs) on Stablecoins for FX (EP.628)

On The Brink with Castle Island

and from join the show. In this episode: Non-USD stablecoins On-chain FX Microlending and financing for emerging markets

Weekly Roundup 05/23/25 (Genius Cloture, Sui hack, $Trump dinner) (EP.627)

On The Brink with Castle Island

Matt and Nic are back for another week of news and deals. In this episode: Trump’s crypto dinner reviewed Bitcoin access vehicles NYT stablecoin coverage Sui is hacked and censors the blockchain Kraken is launching tokenized stocks Circle in acquisition talks The GENIUS Act passes Cloture in the Senate Hong Kong passes stablecoin legislation

More Episodes

The Block's Director of Research Larry Cermak and Research Analyst Mike Rogers join the show to talk through their latest report on stablecoins. In this episode:

Why the Block chose to focus on stablecoins for this report
Larry and Mike's opinion on why stablecoins are so disproportionately dollar-based
China's influence in the Tether market
The history of Tether and why it attained so much traction initially
How you can determine the location of stablecoin users
The Tetherification for offshore exchanges – and how it displaced Bitcoin as the reserve asset
The influence of USDC in DeFi and whether it represents a systemic risk to the sector
Dai's transition to non-native collateral types
Mike and Larry's view of algorithmic stablecoins
Why stablecoins are so divisive between economists and crypto entrepreneurs
Why Tether's dominance is declining
Where the NYAG settlement leaves Tether now
What Larry makes of USDT on TRON stealing some market share from Ethereum
Why investors are settling deals in stablecoin terms
The prospects for Libra/Diem
Mike and Larry's expectations for the next decade in stablecoins

TOPICS