Fintech Insider Podcast by 11:FS

1030. News: Nala and Noah partner on cross-border stablecoins – is a 10% US credit card interest cap coming?

7 snips
Jan 19, 2026
Guest
Veronica Glab
Guest
Shah Ramazani
Guest
Matthew Goldman
Matthew Goldman, founder of Totavi, shares insights on the potential implications of Trump's proposed 10% credit card interest cap, discussing the challenges in implementation. Shah Ramazani, CEO of Noah, reveals how their partnership with NALA aims to revolutionize cross-border payments using stablecoins, addressing liquidity issues in emerging markets. Veronica Glab from Juice highlights the tailored banking needs of content creators versus gig workers, emphasizing the unique financial opportunities in the UAE's evolving creator economy.
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INSIGHT

Unrealistic 10% Card Cap

  • A 10% APR cap on US credit cards would break the current economics of cards given rates, fraud and costs.
  • Matthew Goldman warns such a blunt cap would reduce credit access and push people toward worse alternatives.
INSIGHT

Legal Hurdles To Rapid Rate Caps

  • Implementing a national rate cap faces legal and operational barriers and likely cannot be done overnight.
  • Matthew Goldman highlights constitutional and jurisdictional hurdles that would mire any rapid policy change in litigation.
ADVICE

Watch For Fee Shifts

  • Expect banks to replace lost interest income with other fees or reduced benefits if interest is capped.
  • Matthew Goldman advises watching for higher late fees or trimmed rewards as banks adapt pricing.
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