Brian Brooks

Brian Brooks, former acting comptroller of the currency and CEO of Meridian Capital Group, joins Barry Eichengreen, a UC Berkeley professor and expert on monetary history. They dive into the evolving landscape of stablecoins, discussing the regulatory implications of the Genius Act and the potential for a more competitive market. The debate between CBDCs and stablecoins unfolds, outlining their respective roles in financial systems. Additionally, they explore how stablecoins could impact demand for U.S. treasuries, leaving listeners pondering the future of digital currencies.

Brian Brooks, the Acting Comptroller of the Currency with a background in Coinbase, shares his insights on the evolving relationship between traditional finance and crypto. He discusses the potential for banks to custody cryptocurrencies and the emergence of crypto banks. Brooks also highlights the challenges facing regulators, particularly around stablecoins and decentralized finance. He emphasizes the impact of the pandemic on crypto adoption and advocates for a clear regulatory framework to foster innovation while addressing financial privacy in the space.