Stable Takes

Simon Taylor and Dan Romero break down Money20/20 week and what the show floor signals about where stablecoins now sit in mainstream fintech. Dan reads JPMorgan issuing a tokenized deposit on Ethereum as a major mainstream signal, and Simon explains the use case underneath it - crypto-native clients sitting on stablecoins, a bank that would rather not hold someone else's, and the capital treatment that makes a tokenized deposit the shape that works inside existing rules.They close on the OCC's rulemaking under the GENIUS Act, the fight over credit card cashback that set the precedent for activity-based rewards, and why the direct-yield question may matter less than the margin a company can hand back as better pricing.Stable Takes is a weekly mini-podcast from Tempo on stablecoins, tokenization and agentic payments.

Thierry Edde, Head of Crypto at Deel, joins Dan Romero for Stable Takes’ first guest interview.Deel shipped its first stablecoin product three years ago, built to solve a specific problem: contractors in Latin America did not want local real-time payment rails, they wanted US dollars, and Swift was the only obvious path. Thierry walks through how Deel scaled that to millions in monthly volume and what led to the in-app wallet launched in June. Thierry also explains why privacy was non-negotiable for a payroll company, how Deel became the first in production on Tempo Zones.Then Simon Taylor and Dan cover JPMorgan blocking outside AI agents from customer accounts, the agent identity problem nobody has solved, and the Mastercard and BVNK global money platform that puts stablecoins and fiat behind one API.Stable Takes is a weekly mini-podcast from Tempo on stablecoins, tokenization and agentic payments.

Simon Taylor and Dan Romero break down the Open USD (OUSD) launch and what it signals about where dollar-denominated settlement is heading.Fresh from Sibos, Simon reports on the shift toward tokenization among banks and financial market infrastructures, and the distinction institutions keep drawing between stablecoins and tokenized deposits - who issues, who holds the reserve, and who captures the economics of distribution.They close on AI agents in banking and commerce, and why financial institutions need to prepare now for customers who arrive through an agent rather than an app.Stable Takes is a weekly mini-podcast from Tempo on stablecoins, tokenization and agentic payments.

Simon Taylor and Dan Romero on what happens when equities trade around the clock. They discuss tokenized stocks and the operational reality of 24/7 markets, why settlement and custody assumptions break when there is no overnight window, and what that means for the firms running them.They also cover the rise of AI agents in finance: how stablecoin balances and wallets could become the default funding source for agent-initiated transactions, which payment protocols are competing to standardize that, and why consumer payments and global commerce are the first places this shows up.Stable Takes is a weekly mini-podcast from Tempo on stablecoins, tokenization and agentic payments.