Why every bank now needs a stablecoin strategy (whether they like it or not)

In this episode of the Tearsheet Podcast, host Zack Miller interviews Kirill Gertman, CEO of Conduit, about the future of stablecoins in light of the GENIUS Act. Kirill explains the significance of the GENIUS Act in providing regulatory clarity for stablecoins and its potential to foster innovation. He differentiates between stablecoins and deposit tokens, discusses strategies for financial institutions to integrate stablecoins, and identifies potential winners and opportunities in the stablecoin ecosystem. Kirill also shares Conduit's growth story, driven by facilitating cross-border payments in emerging markets, and its evolution towards serving larger institutions. He envisions Conduit becoming a clearinghouse, connecting various players in the stablecoin ecosystem to simplify transactions for consumers and merchants.