Big Tech Goes Stablecoin: Amazon, Alipay and Grab Unveil Plans

02/12/2024 42 min Episodio 12
Big Tech Goes Stablecoin: Amazon, Alipay and Grab Unveil Plans

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Episode Synopsis

What impact will Tether's asset tokenization platform have on stablecoins and the RWA market?On Ep. 12 of Tokenized, Simon Taylor, Head of Content & Strategy @ Sardine, and Cuy Sheffield, Head of Crypto @ Visa, are joined by Ollie Harris, former MD and Head of Digital Assets for the Americas @ Goldman Sachs and Maria Orszag,  VP of product @ Xapo to discuss Amazon simulating tokenized seller receivables with stablecoins, StraitsX partnering with Alipay+ & Grab for cross-border settlement and Tether unveiling their new platform Hadron.Timestamps:02:30 Amazon simulates tokenized seller receivables with stablecoins09:54 StraitsX partner with Alipay+ & Grab for cross-border settlement18:50 Tether unveil new platform Hadron22:48 Trade finance & use cases27:10 Xapo Bank launch crypto fiat product in the UK34:18 Crypto adoption and impact on institutions38:33 The next 12-18 months at Xapo BankThis episode is brought to you by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/cryptoVisa’s Tokenized Asset Platform (VTAP) uses smart contracts and cryptography to help banks bring fiat currencies onchain. VTAP allows financial institutions to issue fiat-backed tokens, improving financial efficiency and enabling programmable finance. Express interest in VTAP at globalclient.visa.com/vtapThis podcast is also supported by Digital Asset.Digital Asset is excited to launch the Canton Network, a proven, trusted, and scaleable service that provides interoperability between institutional-grade tokenization platforms. The Global Synchronizer is now live, managed by Linux and institutions are actively using Canton Coin to manage the governance. No, the banks haven’t launched a token in the classic sense, this is much more interesting. They’ve done it to make all token networks interoperable. Find out more at canton.network