Table of Contents
This month's founder conversations share a common thread: stablecoins are outgrowing their crypto-native roots and becoming bank infrastructure.
From Capital Layer and Coinbax on why banks are finally moving in, to STABO on what actually drives usage, to Hinkal on the privacy banks will demand, here's what five founders told us in July.
Why Banks Will Win the Next Wave of Stablecoin Adoption

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.
Programmability Is How Banks Get Stablecoins Right: A Conversation with Coinbax CEO Peter Glyman

Coinbax CEO Peter Glyman on why banks haven't adopted stablecoins, and how programmable payment controls turn a crypto risk into a familiar payments decision.
Why Stablecoin Velocity Matters More Than Circulation

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.
Privacy as Table Stakes: Georgi Koreli on How Hinkal Is Making Stablecoin Settlement Confidential

Hinkal CEO Georgi Koreli explains why public ledgers limit institutional stablecoin volume, how private balances work, and why privacy is becoming table stakes.