Lots happening last week with Circle’s CPN announcement and Coinbase’s partnership with PayPal. Cuy, Elise and I break it all down - check it out.
🚨 Ep. 28 of @TokenizedPod: Can Circle’s CPN Beat SWIFT?
@cuysheffield is joined by:
➡️ @Elise_X_Digital, Exec Director of @GlobalDigitalFi
➡️ @HadickM, GP @dragonfly_xyz
To discuss:
🚀 Circle Payments Network launch
📜 Regulatory challenges for hybrid financial institutions like Circle
💸 CPN’s focus on reinventing cross-border payments for SMBs
🌐 Compliance and travel rule as value-add for payment networks
💰 PayPal’s 3.7% yield on PYUSD and regulatory implications
🪙 Yield-bearing stablecoins vs. payment stablecoins
🏦 Crypto firms applying for bank charters
🥊 State vs. federal regulation for stablecoins and global reciprocity
***
Timestamps:
03:19 Circle Payments Network (CPN) launch and its ambitious goals
05:24 Regulatory challenges for hybrid financial institutions like Circle
07:40 CPN’s focus on reinventing cross-border payments for SMBs
10:48 Compliance and travel rule as value-add for payment networks
19:05 PayPal’s 3.7% yield on PYUSD and regulatory implications
24:39 Yield-bearing stablecoins vs. payment stablecoins: Legal and tax complexities
29:02 Crypto firms applying for bank charters: Trends and motivations
40:33 State vs. federal regulation for stablecoins and global reciprocity
***
👉𝘚𝘦𝘢𝘳𝘤𝘩 '𝘛𝘰𝘬𝘦𝘯𝘪𝘻𝘦𝘥 𝘗𝘰𝘥𝘤𝘢𝘴𝘵' 𝘖𝘯 𝘠𝘰𝘶𝘛𝘶𝘣𝘦. 𝘈𝘱𝘱𝘭𝘦, 𝘚𝘱𝘰𝘵𝘪𝘧𝘺 𝘰𝘳 𝘢𝘯𝘺 𝘗𝘰𝘥𝘤𝘢𝘴𝘵 𝘗𝘭𝘢𝘺𝘦𝘳! 👈
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