Fintech Insider Podcast by 11:FS cover image

770. News: PayPal launches stablecoin and Apple $10 billion rocks the banking world

Fintech Insider Podcast by 11:FS

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The Future of Banking

Adam Sobel: Could this change the game? I think it would help, definitely. It's still not frictionless. Everyone is kind of anchored in their sort of little ecosystem. And it kind of feels like in the States, because of how big the States are, and then the state banks also, there's so many of them per state. So well done on a fund raise as well. We had a lot of chat about whether the fact that deposits are so movable and so fluid now, obviously it's great for consumers,. But does it fundamentally challenge the structures or the underlying structures of financial services as a whole?

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