In this engaging discussion, Ben Foreman, head of ParaFi and a veteran from KKR and TPG, explores the revolutionary potential of stablecoins in finance. He highlights their ability to reshape banking, particularly for smaller institutions, and emphasizes their role as a bridge between traditional finance and digital assets. The conversation covers shifts in payment systems influenced by fintech competition, the rise of programmable money, and the implications for regulatory frameworks. Foreman also delves into how these innovations are creating winners and losers in the new financial landscape.