In this podcast episode, Sarah Grotta and Tom Brown discuss the evolving role of stablecoins in the U.S. financial landscape. They explore the impact of stablecoins on banking and payments, the concept of deposit tokens, and how banks and merchants are adapting to these changes. The conversation also touches on regulatory developments, investment trends, and the potential use cases for stablecoins and deposit tokens in the future.

Takeaways

• Stablecoins are gaining traction and have significant potential.
• The regulatory landscape is evolving, impacting stablecoin adoption.
• Banks are exploring how to integrate stablecoins into their operations.
• Merchants see stablecoins as a way to improve payment processes.
• Deposit tokens represent a new way to manage bank deposits on-chain.
• The Clarity Act provides a clearer framework for stablecoin issuance.
• Investment trends in fintech are influenced by market dynamics.
• Understanding the differences between stablecoins and deposit tokens is crucial.
• Operational improvements are a key focus for merchants adopting stablecoins.
• The future of stablecoins will depend on regulatory clarity and market acceptance.

• Meet David Peterson: Elevate's Chief Credit Officer
• Elevate's Mission and Services
• Understanding Non-Prime Consumers
• Building Effective Credit Models
• Alternative Data in Credit Modeling
• Evolution of Elevate's Credit Models
• Challenges in Credit Modeling During Economic Shifts
• Fraud Detection and AI Innovations
• Supervised vs. Unsupervised AI in Lending
• The Role of AI in Fraud Detection
• Marketing Models and Customer Targeting
• Ethical Considerations in Subprime Lending
• The Future of AI and Data in Finance
• Conclusion and Final Thoughts

David Peterson

Elevate

Summary

In this episode of FinWise EYE ON podcast, Sarah Grotta and Ben Jackson, COO of the Innovative Payments Association, discuss the evolving landscape of Fintech, focusing on the implications of recent regulatory changes, particularly the rise of stablecoins and the Genius Act. They explore the potential use cases for stablecoins, the challenges they may face, and the current regulatory environment affecting the financial services industry. The conversation also touches on the importance of education and compliance in navigating these changes.

Takeaways

• The Innovative Payments Association focuses on creating a conducive regulatory environment for payments.
• Stablecoins aim to address the volatility issues associated with cryptocurrencies.
• The Genius Act seeks to clarify the rules around stablecoin issuance.
• Stablecoins could significantly impact traditional payment methods and financial services.
• There is a need for education to build trust in stablecoins among consumers.
• The current regulatory environment is seeing a shift towards less aggressive enforcement.
• The CFPB's budget cuts may affect its ability to regulate effectively.
• Stablecoins could provide new opportunities for businesses in payment processing.
• The industry must prepare for potential regulatory changes as political winds shift.
• Compliance education is crucial for navigating the evolving financial landscape.

IPA Compliance Bootcamp - September 11, 2025 - Chicago