Silvergate CEO Alan Lane On the Business of Stablecoin

On the Apple Podcasts, you can listen to Odd Lots.

There is a song on the platform called Odd Lots.

The collapse of the Terra/Luna experiment has brought attention to the different flavors of stable coins. Some of them are fully backed. Others are backed by a digital currency. Others are not backed at all. Why are people interested in stable coins? Why is there so much enthusiasm and investment for cryptocurrencies that are not even designed to go up? We speak with Alan Lane. Alan is the CEO of Silvergate Bank, which is one of the most important financial institutions in the world. It provides infrastructure for creating and redeeming stable coins. The assets of Diem were purchased by it. Alan talks about why there is so much money in the space and how the industry might be regulated.