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

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 stablecoins
• 09:54 StraitsX partner with Alipay+ & Grab for cross-border settlement
• 18:50 Tether unveil new platform Hadron
• 22:48 Trade finance & use cases
• 27:10 Xapo Bank launch crypto fiat product in the UK
• 34:18 Crypto adoption and impact on institutions
• 38:33 The next 12-18 months at Xapo Bank

This episode is brought to you by Visa

A 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/crypto

Visa’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/vtap

This 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