The Milk Road Show Genius Act + Stablecoins: How to Capitalize on the Trillion Dollar Revolution in Finance w/ Mike Belshe
Aug 11, 2025
Join Mike Belshe, co-founder and CEO of BitGo, a leading digital asset infrastructure provider, as he dives into the revolutionary impact of the Genius Act on stablecoins and banking. Discover how stablecoins could threaten traditional banks and potentially transform the financial landscape. Belshe discusses the allure of a 4% on-chain interest rate and what it means for U.S. dollar dominance. Explore the necessity of regulatory reforms in this shifting terrain and the advantages of stablecoin models over conventional banking systems.
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BitGo's Tech-First Origins
- Mike Belshe co-founded BitGo to provide institutional custody and stablecoin infrastructure.
- He built the company from a technologist background after roles at HP, Netscape, Microsoft and Google.
Genius Act Clears Regulatory Fog
- Mike says the Genius Act gives clear guidance for digital assets in the U.S.
- He argues this clarity will enable stablecoin growth and broader institutional interest.
Stablecoins Outperform Banks On Core Services
- Mike states stablecoins act like better banks: 24/7 payments, low fees, and risk-free yields.
- He argues stablecoins outperform banks on payments and interest delivery.