The challenges and opportunities for stablecoins in traditional finance with Paxos’ Mike Coscetta

Welcome to the Tearsheet Podcast. I’m Tearsheet’s editor in chief, Zack Miller. As the industry looks at what’s happening in crypto, there’s emerged an idea that the way the financial industry bridges the old world with the new one is via stablecoins – crypto tied to the US dollar, for example. Is that true? To explore this idea i sat with Mike Coscetta, head of revenue at Paxos. As an infrastructure player, his firm works with many of the top brands with crypto offerings, like PayPal, for example. I wanted to know more about stablecoins and some of the trends at play. The following is my conversation with head of revenue at Paxos, Mike Coscetta.