How Crypto Solves the Global Money Problem | Paul Bances, PayPal
Episode publishedPodcast: EmpireEmpire
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Paul: I think that there's going to be always a portion of the population that's going to wanna use Tether, for a variety of different reasons, and and great. They should have that option. And USDC, you know, big fans of those guys. I know a lot of them over there, and I think what they do is is fantastic, and there'll be use cases for them. No one is situated like we are in what we're trying to do here, which is really laser focused on on the payment side.
When you start off from the base of 400,000,000 users around the world and tens of millions of merchants and two and a half decades of knowledge and, you know, and sort of a regulatory structure in place, I think that's just gonna lift, sort of the stable point marketing.
Jason: Hey, everyone. We all know blockchain is changing the world, but who's actually driving it? I'm excited to invite you to the 6th edition of Meridian, a Web 3 conference hosted by the Stellar Development Foundation in London from October 15th through 17. Get early bird tickets at meridian.steller.org with code blockworkspod. Special thanks to Stellar for sponsoring us.
Now let's get into today's episode. Hey, everyone. The Polygon community grants program was launched with 1,000,000,000 tokens, all for Polygon builders. Really excited to share that on today's episode of empire. Season 1 of the Polygon community grants program is now live.
It features 35,000,000 in MATIC to support the next generation of Polygon projects. Join the aggregated future today by applying at polygon.technologyforward/grants. Big thanks to Polygon for sponsoring Empire. Alright, everyone. Got a fun podcast today with Paul Bancis, VP of market and business development of PayPal crypto.
My goal for this is to talk about how how money moves around the world and how stablecoins enter the chat, basically. So, Paul, welcome to the show.
Paul: Thank you very much. As I mentioned to you earlier, it's actually my my first podcast, so I'm pretty, pretty excited about this. So thank you.
Jason: I know. Excited, man. The untold story of Paul Bances. What is gonna come out? Yeah.
Great, man. Well, actually, I I to to start this conversation off, I I actually don't wanna talk about crypto. I wanna talk about just how money moves around the world. You have this background that, kinda positions you to talk about this conversation about just money movement. You're, from my understanding, leading, like, MoneyGram's US plus Canada plus LatAm plus Caribbean markets, which is, you know, the whole, like, Western Hemisphere, I feel like.
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