Stablecoins have quietly outgrown crypto speculation — and the smartest conversations about them are now happening inside banks, payment companies, and regulators, not trading desks. In this episode of Capital Markets, Michael O’Loughlin, Managing Partner at Argonaut Global and US Ambassador to the MENA Fintech Association, breaks down why stablecoins are becoming infrastructure rather than an investment story, and why the real winners will be the companies building the rails underneath them: compliance, identity, custody, and risk management.
We also dig into:
- Why stablecoins have “grown up” beyond crypto speculation
- Stablecoins as payment rails vs. “crypto with better PR”
- Open finance — who really owns your financial data, your bank or your phone?
- Why big tech wants the customer relationship more than it wants to be a bank
- Where the average person is already losing control of their data
The future of monetizing your own personal data
Whether you’re in banking, payments, regulation, or just trying to understand where your money and data are headed next, this conversation lays out the trends shaping the next decade of finance.