In this episode of Inside the Hutt, Brooke Pollack interviews Alex Witt, founding general partner of Verda Ventures. Alex shares his path from traditional finance and crypto mining in China to launching Verda, a stablecoin infrastructure fund focused on emerging markets. The discussion explores Verda’s strategic partnerships with Tether and MiniPay, the evolving role of stablecoins in cross-border payments, and how regulatory developments and geopolitical dynamics are shaping the future of stablecoin adoption.
Key Points From This Episode:
Alex Witt’s background in traditional finance and early crypto ventures in China
His transition to Silicon Valley and the founding of Verda Ventures and APF
Verda’s focus on stablecoin infrastructure in emerging markets
Strategic partnerships with Tether and MiniPay to support portfolio companies
The utility and impact of stablecoins in cross-border commerce and remittances
Differences in stablecoin adoption across the U.S., Europe, and the Global South
Rationale for USD dominance and expectations for non-USD stablecoin growth
How stablecoins support U.S. dollar dominance and treasury demand
Investment opportunities in stablecoin infrastructure and cross-border rails
Regulatory clarity in the U.S. and its implications for Circle and big banks
Outlook on Ethereum as the foundational blockchain for stablecoins
Role of Tether and MiniPay in Verda’s investment and growth strategy
Future trends in stablecoin adoption: FX usage and private B2B transactions
Geopolitical implications of stablecoin use in unstable currency regions
Projections for global stablecoin supply over the next decade
Market impact of Circle’s IPO and Stripe’s stablecoin-related M&A activity
Exit dynamics and acquisition appetite from major fintechs and banks
Alex’s hypothetical career path outside crypto and tech
Links
Alex Witt on X: https://x.com/alexlwitt
Alex Witt on LinkedIn: https://www.linkedin.com/in/alexwitt
Verda Ventures: https://verda.ventures/
Brooke Pollack on X: https://x.com/bhpollack
Brooke Pollack on LinkedIn: https://www.linkedin.com/in/brookepollack/
Hutt Capital: https://www.huttcapital.com/