FinTech Meets Crypto: The Future of Global Payments | Simon Taylor
Episode publishedPodcast: BanklessBankless
Transcript preview
Preview only
Crypto doesn't really exist in the fintech world, but stablecoins are the number one topic. That's the nuance. Stablecoins are the fintech three dot o. If the beginning of fintech was making better user experiences from crappy user experience, and then the next thing was making better APIs for developers, the third one is making better payments infrastructure.
Welcome to Bankless, where we explore the frontier of fintech's crypto transformation. This is Ryan Sean Adams. I'm here with David Hoffman, and we're here to help you become more bankless. We've been exploring this topic of crypto and fintech and how they are converging together, and we have probably the best guest on this subject. Simon Taylor is a fintech guru. He's been long into fintech. He has a podcast on the subject. He recently joined the fintech payments company, and it's a layer one, Tempo, that, Stripe is rolling out. So all of these, I think, make him the perfect guest to explore
We talk a lot about the modern conversations floating around the industry at the moment. The the Tempo chain is, of course, front and center. But, like, what is a payment chain really? How does it differ from a public permissionless blockchain that we're used to like Ethereum? What are the different properties? We talk about why it's all happening. We all kinda know the TradFi payments world is a mess, but why is it a mess and why are stablecoins so much different and better to be adopted? And then how Simon thinks that stablecoins are actually just the gateway drug for a bunch of more tokeniz
Bankless Nation, very excited to introduce you to Simon Taylor. He's a bridger of worlds, both fintech and crypto. He's X Barclays. He was the head of crypto r and d there. He's the author of fintech breakthrough brain food, excuse me, which is a fantastic blog that I enjoy. And also okay. This is great. This is new. You just joined the Stripe sponsored Tempo payments chain. You guys recall Tempo. We're talking about that last week. Simon, thanks so much for joining us. Welcome to Bankless.
Thank you for having me, guys. I am not kidding you when I say huge, huge fan. I think you guys do a great job in choppy waters, so I appreciate you. The whole market does.
Wow. I don't know if the whole market does, but I I I'm thankful that you appreciate us, Simon, because we also appreciate you. And this this episode is very much, I think, a little bit of the meeting of the worlds because you have been doing God's work covering fintech for many years. Almost I think of, like, your work at fintech brain brain food as the the bank list of fintech. Also, you have a, like, more than a foot in the water of crypto as well. So you're someone in fintech who can also cogently speak crypto very well. I think we wanna bridge these two worlds today as fintech is undergoi
I love that. I will be your TradFi translator, your TradFi Sherpa, if I may, your your payments guru. I would love to do that because small worlds collide. When I was head of crypto r and d at Barclays, I was also helping the London Ethereum community organize some of its first ever meetups, and they used a Barclays space in London, which So cool. Which was just too perfect, wasn't it? But I was like, I've always been that day walker. You know? By day, I wore the suit, and by night, I was like, oh, going to these events. So now I feel like Wall Street loves Ethereum and loves tokens and has re
Since you're familiar with Bankers, you probably know who our audience is composed of. We're all, like, crypto people who are chronically online paying attention to crypto
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.