Stepan Simkin (Squads) on Stablecoin-Powered Financial Services (EP.688)

On The Brink with Castle Island ·

Stepan, founder of Squads (https://squads.xyz/), sits down with Wyatt on today's episode. In this discussion:

• Squads' evolution from a DeFi-facing product to servicing a broader range of companies' asset treasury needs. • What are the pain points of local small-medium businesses? • What is driving the gradual global movement from local currencies into USD stablecoins? • The appetite for safe yield across user types. • Other traditional digital banking players and how they are evolving with technology. • How the stablecoin trend impacts governments. • What happens to local banks?