
Citi, Schwab, Nubank, & Aureo: The Global Bitcoin Race for 21 Million
Onramp Bitcoin Media
Outro
Hosts wrap up, share links, invite listeners to subscribe, and remind audience the episode is informational, not investment advice.
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Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.
00:00 – Intro & welcoming Gustavo Flores
01:17 – UK opens retail BTC/ETH ETPs
04:13 – Japan stablecoins & productization
07:49 – LATAM stablecoin wave; Brazil in focus
11:27 – Coinbase x CoinDCX (India/APAC)
15:47 – Stablecoin plumbing: BlackRock & Stripe
20:27 – BTC credit vs high LATAM rates; Bolivia case
23:31 – Nubank pursues U.S. bank charter
29:11 – 2026 custody (Citi/Schwab) & cycle timing
33:25 – Aureo announced (Swapido → Aureo)
35:03 – Aureo MIC thesis & team
42:21 – Storage-first: MIC + localized service
56:40 – Debasement trade & BTC hurdle rate
1:04:23 – Onramp Business controls; wrap & disclaimer
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Links discussed:
https://www.aureobitcoin.com/en
https://www.earlyriders.com/news/early-riders-acts-as-exclusive-investor-in-aureos-pre-seed-round-to-build-latam-native-bitcoin-financial-services-infrastructure
https://bitcoin.docsend.com/view/2dj7n3sjr5uyrsr4
https://blockworks.co/news/tempo-series-a-raise
https://www.lightspark.com/news/lightspark/introducing-lightspark-grid
https://www.theblock.co/post/374924/blackrock-to-launch-genius-compliant-money-market-fund-tailored-for-stablecoin-issuers-report?utm_source=telegram1&utm_medium=social
https://www.cnbc.com/2025/10/13/citi-aims-to-launch-crypto-custody-in-2026-exploring-stablecoin.html
https://www.theblock.co/post/375228/japan-fsa-local-banks-crypto
https://www.theblock.co/post/375250/21shares-bitwise-blackrock-wisdomtree-uk-retail-bitcoin-ethereum-etps-fca
https://www.coinbase.com/en-in/blog/Coinbase-makes-investment-in-CoinDCX-expanding-our-commitment-to-India-and-the-Middle-Easts-crypto-future
https://www.theblock.co/post/374870/paxos-mistakenly-mints-300-trillion
https://www.theblock.co/post/375083/japans-big-banks-join-forces-on-stablecoins-to-speed-corporate-payments-nikkei
https://www.theblock.co/post/374643/stripe-stablecoin-unit-bridge-applies-for-national-bank-trust-charter-co-founder-zach-abrams-says
Keep up with Michael:
https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian:
https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam:
https://x.com/Lnelson_21
https://www.linkedin.com/in/liam-nelson1/
Keep up with Gustavo:
https://x.com/gustavojfe
https://www.linkedin.com/in/gustavo-j-flores-echaiz/


