Fifth Third Bank: Stablecoins, the Ultimate Instant Settlement Payment
Shownotes
On Ep. 11 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by Igor Istratov, Digital Assets Product Lead @ Fifth Third Bank to discuss Fifth Third's Newline delivering API-first embedded banking for digital assets, why commercial client demand is driving banks' stablecoin adoption and more!
Timestamps:
- 00:00 Introduction
- 05:27 How Fifth Third's Newline delivers API-first embedded banking for digital assets
- 07:13 Why commercial client demand is driving banks' stablecoin adoption
- 09:17 How regulatory clarity unlocked stablecoin opportunities for traditional banks
- 10:46 Newline's operating, settlement, reserve and custodial accounts for digital assets
- 12:45 Why stablecoin reserves present deposit opportunities rather than just risks
- 14:04 How stablecoins solve cross-border payment delays, FX uncertainty and fees
- 16:13 Managing compliance, liquidity and operational complexity for 24/7 stablecoin payments
- 19:02 Why stablecoins complement FedNow and existing domestic payment rails
- 24:12 How banks partner with issuers, custodians and onchain infrastructure providers
- 32:54 Why stablecoins could become invisible infrastructure for everyday financial transactions
Tokenized is sponsored by Visa
A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.
Tokenized is also presented by Fireblocks
With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com
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We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!
Music by Henry McLean