Zach Witkoff co-founded World Liberty Financial and now wants USD1 issued by his own OCC-chartered trust bank. Career timeline, the charter clock, USD1 supply data, the October redemptions and the conflict questions.
Bo Hines left the White House weeks after the GENIUS Act passed and now runs Tether's USAT. Career timeline, the WSJ's Nxum payment report, USAT supply data and the risks.
Paul Faecks went from poker pro to Plasma CEO. Career timeline, the $373M XPL sale, Plasma One, and the Oct 2026 Stripe multi-currency card deal.
Farooq Malik went from development bank treasurer to Rain CEO. Career timeline, three rounds in ten months, and the Rain National Trust Bank filing.
Nick van Eck built Agora and AUSD. Career timeline, the Sep 2026 OCC trust bank approval, and what preliminary conditional means.
Sean Neville, Circle co-founder and USDC architect, now runs Catena Labs. Career timeline, the Sep 2026 OCC trust bank approval, and its limits.
Michael Shaulov, Fireblocks CEO and co-founder, on Unit 8200 roots, Lacoon, and the Sep 2025 Fireblocks Network for Payments stablecoin rail.
Heath Tarbert, Circle President and former CFTC chair, on GENIUS Act timing, CLARITY, and USDC dollar-statecraft after his 2 Sep 2026 HFSC testimony.
Brad Garlinghouse leads Ripple's RLUSD push: NYDFS trust issuance via SCTC, conditional OCC approval for Ripple National Trust Bank, and a Sept 2026 corporate-treasury narrative around ~$2.4B RLUSD.
Sam Kazemian founded Frax in 2019 after Everipedia; frxUSD is now a cash-equivalent, RWA-backed dollar with Frax Inc delegated under FIP-432 and a ~$104.5M Frax Facts sheet as of 19 Sep 2026.
Charles Cascarilla co-founded Paxos in 2012; after the 12 Dec 2025 OCC conversion, Paxos Trust Company, N.A. issues PYUSD, USDP, and PAXG, while USDG runs through Singapore/EU entities and the Global Dollar Network.
Jesse Hemson-Struthers co-founded BVNK in 2021. Mastercard closed its up-to-$1.8B BVNK acquisition on 3 August 2026, turning it into a card-network rail.
Guy Young left Cerberus Capital (~$60B AUM) to found Ethena Labs (~Mar 2023); USDe peaked above ~$14B (Oct 2025) and sat near ~$4.07B as of ~30 Aug 2026, with Ethena Pay launching 1 Sep 2026 on Avalanche.
In July, we sat down with five founders working on the pieces that make that possible: programmability, transaction velocity, and confidential settlement.
STABO CEO James Li and COO Pursuit Li on why stablecoin velocity matters more than circulation, where acceptance really breaks, and how treasury becomes the endgame.
Capital Layer CEO Justin Wang on why banks, not exchanges, will drive stablecoin adoption in Asia, and how the AI supply chain becomes the killer use case.
