Tether's $500B Valuation: Why Stablecoins Are Becoming The New Goldman Sachs with Carl Vogel and Bhau Kotecha

In this episode of "Stabled Up," hosted by Andy and Rob, Carl from Six Man Ventures and Bhau from Paxos discuss the potential $500 billion valuation of Tether and its implications for the stablecoin market. They explore whether stablecoin issuers should be viewed as technology or finance companies, the potential for AI to influence stablecoin adoption, and the role of Plasma's mainnet for Tether's ecosystem. The conversation shifts to the use of stablecoins as collateral in US derivative markets, the regulatory environment, and the potential for innovation. Finally, they discuss the path to a trillion-dollar stablecoin supply, highlighting the growth of consumer banking, private credit, and the integration of stablecoins into traditional finance platforms.