CoinDesk Podcast Network

Special Edition: Network Effect Podcast With Ronak Daya

May 28, 2025
In this engaging conversation, Ronak Daya, Head of Product at Paxos, sheds light on the transformation of finance through blockchain technology. He delves into the challenges traditional banking faces and the revolutionary role blockchain can play as a payment network and savings tool. Daya discusses the rise of stablecoins, particularly how they are positioned to gain user trust and enhance experiences by merging traditional and decentralized finance. The podcast also highlights the importance of regulatory frameworks and partnerships for the future of stablecoin networks.
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ANECDOTE

Ronak's Fintech Journey

  • Ronak Daya shared his 15-year fintech journey starting at Deutsche Bank and moving through startups and Square/Block.
  • His passion shifted from hard problems to purposeful work, focusing on small business lending and banking during the pandemic.
INSIGHT

Blockchain as Next Fintech Wave

  • Fintech apps abstract away legacy systems but those archaic systems still underlie money movement.
  • Blockchain technology represents the next wave to rebuild these financial systems from the ground up.
INSIGHT

Beyond Casino: Crypto's True Use

  • Crypto is often misunderstood as a casino, but it serves as a savings account and new payment rail.
  • Large scale adoption of blockchain payments and dollar access will enable an internet-native economy.
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