Paxos CEO on Crypto Today & Why Stablecoins Are Exploding | Charles Cascarilla
Episode publishedPodcast: EmpireEmpire
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I wanna be playing in the biggest part of the TAM to build the most valuable business. To me, I look at our TAM, our TAM is enormous. Like, we're trying to replatform the financial system. There's $900,000,000,000,000 of assets. We got a long way to go. And you do this successfully, and you're going to be able to build a very big very big business doing it. This is like creating an enormous problem where if you own assets, you make a lot of money.
Yeah, this is the K shaped recovery. This is the
Yeah, everyone's coming around to this like affordability crisis, but what it really is is we're printing money. If you told me we were gonna the most pro crypto administration and president you could ever possibly imagine, and the average token would be down 80%. Yeah. And Bitcoin would be down 50%. And I do think it's the crypto golden age. It's just not the crypto price golden age.
Nothing said on Empire is a recommendation to buy or sell any investments or products. This podcast is for informational purposes only, and the views expressed by anyone on the show are solely their opinions, not financial advice or necessarily the views of Blockworks. Our hosts, guests, and the Blockworks team may hold positions in the companies, funds, or projects discussed. Alright, everyone. Welcome back to Empire. Good to be back. Good to be back. Thanks for dealing with Sanshee and Robbins. I took a little hiatus. So very excited to have Charles Cascarilla back on the podcast. Last time
Last time I checked.
Alright. Good. Good. Good. Backstory of Charles is I listened to an episode of when Mike and I were starting Blockworks, I listened to an episode that Charles did in 2017 with Patrick O'Shaughnessy. There's another podcast called Invest Like The Best, it was this formative podcast for us. And, yeah, we were like, okay. This is a real thing. This serious guy is talking about this, you know, Bitcoin and money blowing up and all that kind of good stuff. So we, you know, it's one of the one of the reasons we love podcasts is that, you know, there's these formative moments. And I think, Charles, yo
So No. That's awesome to hear.
Appreciate it.
I know actually a lot of people really like that podcast, I think, because it was a crossover from traditional finance and crypto.
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