Stepan Simkin (Squads) on Stablecoin-Powered Financial Services (EP.688)
Update: 2025-12-01
Description
Stepan, founder of Squads, sits down with Wyatt on today's episode. In this discussion:
- Squads' evolution from a DeFi-facing product to servicing a broader range of companies' asset treasury needs.
- What are the pain points of local small-medium businesses?
- What is driving the gradual global movement from local currencies into USD stablecoins?
- The appetite for safe yield across user types.
- Other traditional digital banking players and how they are evolving with technology.
- How the stablecoin trend impacts governments.
- What happens to local banks?
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