Payments 101: Checks, ACH, FedWire, Stablecoins, CBDCs (and more)

Jun 6, 2023

45:17

Episode guests

AI Chapters

Episode notes

Introduction

2min

The Importance of Deliability in Payments

3min

The Complexity of Money in the Economy

3min

The Convenience of Checks

2min

The ACH and Fed Wire System

4min

The Limits of the US Payment System

5min

The Rise of the Bank-Based Infrastructure Settlement Layer

2min

How PIX and Brazil's Payment System Compare Internationally

6min

The Role of Regulators in Fed Payment Rails

4min

10.

The Importance of Stablecoins

2min

11.

The Absence of Settlement Innovation in the US Payment System

2min

12.

The Future of Crypto Payments

3min

13.

The Pain Point of Cashlessness in the United States

4min

14.

The Evolution of Payments in the Global Economy

2min

Vanderbilt law professor Yesha Yadav and PayPal's Blockchain chief Jose Ferdandez da Ponte share their latest paper on the global payments ecosystem

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