The Current and Future State of Stablecoin Payments with Conduit

Kirill Gertman is the founder and CEO of Conduit, a leading B2B cross-border payments platform powered by stablecoins. Conduit leverages stablecoins to allow businesses to move money faster, cheaper and more transparently than legacy platforms such as SWIFT.

In 2024, Conduit grew transaction volumes 16x year-on-year, surpassing $10 billion in total volume.

In May 2025, Conduit raised a $36 million Series A, co-led by Dragonfly and Altos.

In this conversation, Kirill and Will Beeson discuss the true economics of stablecoin versus traditional payments, when stablecoin payments make sense, and when they don’t, how corporates use stablecoin payments alongside traditional payments in practice, what needs to change for stablecoin payments companies to win more use cases, how the stablecoin issuance market will evolve post GENIUS, and much more.