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CoinDesk Podcast Network

Stablecoins, Survival and Trust in Emerging Markets | Markets Outlook

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 17 September 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

Exploring the nuanced reality of stablecoins in emerging markets with The Flip Founder Justin Norman. To get the show every week, follow the podcast ⁠⁠⁠⁠here⁠⁠⁠⁠. In today's Markets Outlook, CoinDesk's Jennifer Sanasie and Sam Ewen are joined by Justin Norman, Founder of The Flip, to dive deep into his new documentary series and explore the nuanced, on-the-ground reality of stablecoins. From the complex legal gray areas in Argentina to the surprising role crypto plays in Bolivia's economy, Justin shares what he's learned from people around the globe who depend on stablecoins. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - This episode was hosted by Jennifer Sanasie and Sam Ewen.

Transcript

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0:00.0

I think one of the main things that I'm learning is, like, even though stable coins are this kind of default global technology, the way in which they're being adopted and used and spent in the problems that they're solving can be vastly different market by market as well.

0:12.1

So it really does take this, like, nuanced, like, bottom-up approach to understand how it's going to solve problems depending on the market you're in.

0:30.3

As the founder of The Flip, he is producing a new documentary series focused on Stable coin adoption at the last mile, bringing it to life the stories of how people from all around

0:36.0

the globe are using this technology to solve

0:38.7

everyday problems. Justin Norman, welcome. Thank you. I'm very impressed with that transition

0:43.5

and just how you guys are doing this all morning in general. That means so much to come from a

0:47.7

filmmaker like itself. If you have any tips, by the way. Everything in film, everything is

0:51.9

edited, so it's not live, right? It makes it much easier, in my opinion.

0:55.6

You think I need a key light over here is the real question. The lighting, I use my production team tells me what to do. Okay, Sam, you look great. Thank you. You do. Tell them out. Yes, Justin, you look great. Thank you. Let's get into the conversation now. I love that you are traveling around the world and talking to people about stable coins.

1:13.8

You know, Sam and I spoke very brief. Let's get into the conversation now. I love that you are traveling around the world and talking to people about stable coins.

1:13.8

You know, Sam and I spoke very briefly about how it's impacting folks.

1:18.6

Largely in the developing world where the financial system has forgotten about a lot of people.

1:23.0

Talk to us a little bit about what you're learning as you produce these stories.

1:26.0

Yeah, I mean, I'm interested in stable coins in the developing market context in particular,

1:32.8

just because those are the problems, those are the markets where there's like real problems to solve,

1:37.3

right? I think even though now kind of after the Genius Act in the U.S., people are kind of

1:41.7

understanding what stable coins could be good for in the U.S. It's very obvious in places like Argentina or Bolivia or Nigeria or now Nepal even, right,

1:51.3

the role that stable coins are playing and like what the job to be done is.

1:54.2

And, you know, so, but I don't think that the conditions on the ground are well understood, right? So people will say

2:01.7

Argentina hyperinflation, but if we really want to solve problems in Argentina with stable coins,

2:06.4

we really need to understand the context. And that's, I think, one of the main things that I'm

2:10.2

learning is, like, even though stable coins are this kind of default global technology, the way in

...

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