MONEY REIMAGINED: Building the Boring Stuff: Making Payments Sexy

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 17 February 2023

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What is the role of the U.S. dollar? Is it not just a purchasing power but a language? As the crypto economy shifts, can stablecoins keep Bitcoin's original promise in payments, foreign exchange and cross-border settlement? On this episode of “Money Reimagined,” Michael Casey speaks with Gordon Liao, chief economist at Circle, the creator and issuer of the USDC stablecoin token; and Alex McDougal, the CEO of Stablecorp, a Canadian-based company that has created the Canadian dollar-backed stablecoin QCAD, to discuss the future of payments with the integration of stablecoins in the ever-changing crypto economy. - This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.” - Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	Money is changing.
0:03.8	So where do we go from here?
0:06.1	Through high-profile interviews and thought-provoking analysis,
0:09.2	join Michael Casey and Sheila Warren for the Money Reimagined podcast,
0:13.4	as they explore the connection between finance, human culture,
0:15.9	and are increasingly digital lives.
0:20.1	And just a reminder, CoinDesk is a new source and does not provide investment advice.
0:25.0	And now, here's Michael Casey.
0:28.9	Hello and welcome to Money Reimagined. I'm Michael Casey.
0:32.5	Sadly, we have another episode where I'm on my lonesome.
0:36.3	I promised that in the near future we'll return to a regular cadence with Sheila by my side.
0:41.3	Today we're going to be talking, among other things, about payments, foreign exchange and cross-border settlement.
0:48.3	All right, I get it.
0:50.3	These aren't typically viewed as the sexiest topics.
0:52.3	They deal with the plumbing of the global financial system.
0:55.0	And like plumbing that makes kitchens and bathrooms function,
0:58.1	most of us are happy not knowing how these things work.
1:00.8	We just want to pay or get paid.
1:03.8	But in the wake of the blowups of FTX, Celsius, Voyager and others,
1:07.7	which abruptly ended an era of to the moon speculation
1:10.7	and fast money being
1:11.8	made on defy tokens, NFTs and so forth, it's perhaps now time for the crypto industry to focus
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.