On Ep. 53 of Tokenized, Simon Taylor, GTM @ Tempo is joined by Morgan Krupetsky, VP of Business Development for Onchain Finance @ Ava Labs and Raagulan Pathy, Founder & CEO @ KAST to discuss the flash crash, market liquidations, $300 trillion PYUSD accidentally minted and more!

Timestamps:

00:00 Introduction
02:23 The flash crash and market liquidations
07:41 Market structure and synthetic stablecoin risks
13:14 Institutional perspective on crypto market maturity
18:19 Coinbase and Mastercard potential acquisition of BVNK
24:54 Corporate treasury as a growing stablecoin use case
30:26 Major banks exploring G7 currency stablecoins
32:36 Debate on bank-issued stablecoins vs. tokenized deposits
39:10 Inefficiencies in traditional cross-border dollar settlement
40:31 $300 trillion PYUSD accidentally minted

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

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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

The $300 Trillion Dollar Whoopsie Ft. Morgan Krupetsky & Raagulan Pathy

Tokenized