Press Space to continue
US stablecoins could become the big savior of the dollar
Press Space to continue
David Vélez on why stablecoins could save the US dollar: "There are about 190 currencies around the world. My view is that in 10-20 years from now, those 190 will be 10. The fiscal situation in so many countries around the world is so dire that a lot of that fiat money is not real money. And so increasingly, billions of people are going to be banking on the offshore world, US stablecoin, but also Bitcoin and other type of assets. I think the US stablecoins ultimately will be the big savior…
Patrick OShaughnessy@patrick_oshag1d ago
My conversation with David Vélez (@velez_david), founder and CEO of Nubank. The last time we did this was five years ago, and Nubank had 35 million customers. Today it has over 140 million, and it has just announced it's coming to the US. David now talks about expanding to 100 countries and reaching a billion customers. We discuss: - State and future of global banking - Agents as a customer segment - Going from one direct report to 20 - How he's rebuilding the company with AI - Where fintech opportunities remain - The end of cash - Founder v CEO, great leadership, and finding the right mission Enjoy! TIMESTAMPS 0:00 Intro 1:25 Banking's $10 Trillion Disruption 5:54 AI's Impact on Banking 14:40 Building Moats in the AI Era 23:29 The Future of Money 36:01 Nubank's Global Expansion 48:24 Reinventing Nubank with AI 59:47 Founder Mindset and Leadership 1:13:18 Nubank's Future and Entrepreneurship
View