How Crossborder Stablecoin Payments Have Quietly Become a Multi-Billion Dollar Market

Rebank

Bhanu Kohli is the co-founder and CEO of Layer2 Financial, a B2B payments company leveraging stablecoins for faster, cheaper payment processing.

Mike Giampapa is General Partner of Galaxy Ventures, focusing on the intersection of crypto and financial services, security & DeFi applications, and developer tooling.

In this conversation, Bhanu, Mike and Will Beeson discuss real economy applications of stablecoins, including payments. We compare Layer2’s performance, economics and business model with traditional payments companies and look at potential applications for stablecoins in financial markets more broadly. This conversation was a fantastic look at a rapidly scaling, real-world use case for crypto and the disruptive potential of blockchain as financial infrastructure.