About this episode
Malcolm Clarke, VP of Digital Assets at Western Union, joined me to discuss why Western Union is building its own stablecoin, USDPT, on the Solana blockchain.Topics: - Building a stablecoin on Solana - U.S. Dollar Payment Token (USDPT) - Banks and payment companies using stablecoins - Stablecoins impact on capital allocation and liquidity - Future of payments - Tokenization marketBrought to you by ?Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. ?Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX ?? Learn Crypto with Expert Commentary - http://MyCryptoCourse.com Sponsors:? Safely Store your Crypto with Trezor Hardware Wallets - https://affil.trezor.io/SHlz ? Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms https://www.itrustcapital.com/go/thinkingcrypto ?? Sign up with Santiment to get quality crypto metrics - https://app.santiment.net/pricing?fpr=thinkingcrypto Get 25% discount with code THINKINGCRYPTO ? Sign up for the Free Thinking Crypto Weekly Newsletter https://thinkingcrypto.substack.com/ ? Become a Channel Member - https://www.youtube.com/channel/UCjpkwsuHgYx9fBE0ojsJ_-w/join ? Buy Merch & support the Podcast https://my-store-574b5b.creator-spring.com/ ????Merlin - http://tinyurl.com/MerlinTCYouTube “I am a Merlin partner and get compensated for purchases made through links in this content"this content" Follow on social media:?? X(Twitter) - https://x.com/thinkingcrypto ?? Facebook - https://www.facebook.com/thinkingcrypto/?? LinkedIn - http://linkedin.com/company/thinking-crypto ?? Instagram - https://www.instagram.com/thinkingcrypto/ ?? TikTok - https://www.tiktok.com/@thinkingcrypto5 ?? Threads - https://www.threads.net/@thinkingcrypto ?? Website - https://www.ThinkingCrypto.com/? Listen to content on Apple Podcasts - https://podcasts.apple.com/us/podcast/thinking-crypto-news-interviews/id1458945676 ? Listen to content on Spotify - https://open.spotify.com/show/221AV5A65v7uYEsuMviVKl?Business Inquiries?hellothinkingcrypto@gmail.com ? Time Stamps ?00:00 Intro02:25 Malcolm's background04:03 Discovering Crypto06:28 Permissioned & Public blockchains15:09 Why build on Solana18:13 USDPT Stablecoin integration22:03 How USDPT will be used26:52 Genius Act compliance28:56 Stablecoins in payments31:16 Wallet usage34:44 Stablecoins free up capital38:30 Tokenization market43:51 Roadmap46:14 Wrap up questions================================================= #Stablecoins #Solana #WesternUnion #Crypto #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRP
