Stablecoins are rapidly becoming core financial infrastructure, reshaping how payments, commerce, and digital value move across the internet. The conversation is no longer just about faster settlement. It is about distribution, compliance, and how programmable money integrates into global commerce.

In the second edition of The State of Stables, Justin Friedman, Andrew Van Aken, and Dennis Sem break down the biggest trends shaping the stablecoin ecosystem in Q2 2026. The discussion explores reports of Mastercard pursuing a potential acquisition of BVNK, what it signals for stablecoin infrastructure, and why traditional payment companies are increasingly moving on-chain.

They unpack the latest market data, including stablecoin supply surpassing $310B, the continued dominance of Ethereum and Tron, and growing momentum around tokenized treasuries, RLUSD, USDG, and USYC.

The episode dives into the rise of agentic finance, from Stripe and Tempo’s machine payments protocol to X402 entering the Linux Foundation, and examines the growing questions around AI-driven payments, liability, and customer ownership in digital commerce.

Access the report at: https://content.stablecon.com/state-of-stables-report?utm_source=StablePulse&utm_medium=podcast&utm_campaign=StateOfStablesQ2

Host Dante Reminick sits down with Lyron Co Ting Keh, CEO and founder of Seismic, to unpack what it really takes to move stablecoins from hype to real financial infrastructure.

They explore Seismic’s approach to private stablecoin accounts on a purpose-built Layer 1, including fiat on/off ramps, liquidity, and embedded compliance tools like AML and KYT. The conversation digs into why stablecoin-first infrastructure differs from general-purpose chains, and how privacy, screening, and usability need to work together for real-world adoption.

From there, they break down what fintechs and neobanks actually want from stablecoin rails, and why outcomes like cross-border payments, virtual accounts, and local banking details matter more than raw blockchain performance. The episode also covers the tension between privacy and compliance in real financial flows.

Finally, they get into stablecoin yield, regulatory constraints, and why Seismic is taking a deliberate, infrastructure-first, no-token approach to building the stack for global money movement.

Subscribe to Stable Pulse for more conversations on the future of stablecoins, payments infrastructure, and what’s next in fintech.

Connect with the Hosts & Guest

Dante Reminik: https://www.linkedin.com/in/dante-reminick / https://x.com/DanteReminick

Lyron Co Ting Keh: https://www.linkedin.com/in/lyronctk/ / https://x.com/lyronctk

About Stable Pulse

Stable Pulse is a fast-paced, news-driven podcast covering the most important developments shaping the stablecoin and digital asset ecosystem. Each episode dives into timely conversations with industry leaders, operators, and policymakers, offering sharp insights and real-world perspectives on where the market is heading. With a focus on clarity and relevance, Stable Pulse breaks down complex topics into accessible, actionable takeaways for anyone building in or exploring the future of finance.

Host Bam Azizi sits down with Henry Stern, co-founder of Privy, to unpack one of crypto’s biggest adoption problems: onboarding that still feels far too hard for everyday users. They explore why the assumption that users should “want crypto” is flawed, and how embedded wallets, seamless authentication, and invisible blockchain rails are changing the way products get built.

From Henry’s founder journey and the lessons behind building Privy, the conversation expands into where the market is heading now — stablecoins driving real usage, enterprises entering with practical use cases, regulatory momentum around the GENIUS Act, and what changed after Privy became part of Stripe. They also dive into the future of digital asset accounts, agentic wallets, AI-driven security, and the bigger question facing the industry: should crypto stay visible to users, or disappear completely into the background?

Connect with the Hosts & Guest

Bam Azizi: https://www.linkedin.com/in/bam-azizi-54117310a/

Henri Stern: https://www.linkedin.com/in/henri-stern/

About Stable Pulse

Stable Pulse is a fast-paced, news-driven podcast covering the most important developments shaping the stablecoin and digital asset ecosystem. Each episode dives into timely conversations with industry leaders, operators, and policymakers, offering sharp insights and real-world perspectives on where the market is heading. With a focus on clarity and relevance, Stable Pulse breaks down complex topics into accessible, actionable takeaways for anyone building in or exploring the future of finance.

On this episode of Stable Pulse, host Dante Reminick is joined by Brigitta Gyoerfi, Zurich Hub Director at Tenity, a global innovation powerhouse working with more than 65 financial institutions and over 1,600 startups across Europe and Asia to help shape the future of finance.

Together, they dig into why stablecoins have suddenly gone from a niche crypto talking point to one of the most serious infrastructure conversations happening inside banks, fintechs, and payment companies today.

From the very real pain of slow and expensive cross-border payments to the promise of programmable money, Brigitta explains where institutions are seeing immediate opportunity, where they are still hesitant, and why everyone keeps running into the same frustrating issue: legacy banking systems that were never built for this kind of innovation. Dante and Brigitta also get into compliant on-chain yield, tokenized finance, the race to build better institutional rails, and why the next chapter of stablecoin adoption will be won not by the flashiest crypto products, but by the teams solving the boring last-mile plumbing that actually makes money move.

Subscribe to Stable Pulse for more conversations on the future of stablecoins, payments infrastructure, and what’s next in fintech.

Connect with the Hosts & Guest

Dante Reminik: https://www.linkedin.com/in/dante-reminick / https://x.com/DanteReminick

Brigitta Gyoerfi: https://www.linkedin.com/in/brigittagyoerfi/

About Stable Pulse

Stable Pulse is a fast-paced, news-driven podcast covering the most important developments shaping the stablecoin and digital asset ecosystem. Each episode dives into timely conversations with industry leaders, operators, and policymakers, offering sharp insights and real-world perspectives on where the market is heading. With a focus on clarity and relevance, Stable Pulse breaks down complex topics into accessible, actionable takeaways for anyone building in or exploring the future of finance.

In the first episode of the What’s Next beat for Stable Pulse, host Dante Reminick sits down with Dan Mottice and Dimitri Dadiomov of Modern Treasury to break down where stablecoins actually fit in today’s payment stack. From cross border friction and delayed settlement to the persistence of legacy systems, they explore why ACH, wires, and cards are not going anywhere and how stablecoins function as an additional rail rather than a full replacement.

They also unpack the “stablecoin sandwich” model, moving from fiat to on chain and back to fiat, and what that means for real world global payments. The conversation covers orchestration across rails, compliance considerations, and how treasury teams can start thinking about practical adoption today.

Subscribe to Stable Pulse for more conversations on the future of stablecoins, payments infrastructure, and what’s next in fintech.

Connect with the Hosts & Guest

Dante Reminik: https://www.linkedin.com/in/dante-reminick / https://x.com/DanteReminick

Dimitri Dadiomov: https://www.linkedin.com/in/dadiomov/ / https://x.com/dadiomov

Dan Mottice: https://www.linkedin.com/in/dan-mottice/ / https://x.com/mottice

About Stable Pulse

Stable Pulse is a fast-paced, news-driven podcast covering the most important developments shaping the stablecoin and digital asset ecosystem. Each episode dives into timely conversations with industry leaders, operators, and policymakers, offering sharp insights and real-world perspectives on where the market is heading. With a focus on clarity and relevance, Stable Pulse breaks down complex topics into accessible, actionable takeaways for anyone building in or exploring the future of finance.

We trace Rain’s path from a small fundraising tool to global spend infrastructure, built through a crypto winter by shipping fast, staying lean, and solving real customer pains. Farooq Malik, CEO and Founder of Rain, shares lessons on timing, moats, and why the best financial technology disappears into the background.

• origin of Rain from a side project into spend rails
• first proof of concept and early customers’ pains
• surviving Terra and FTX with lean execution
• building a technology moat over vendor advantages
• simple mission framed without crypto jargon
• vision for invisible financial infrastructure
• founder advice on timing, team, and patience
• immigrant lens on identity and building a tribe
• stablecoins enabling access, speed, and new models
• global footprint across the US, LatAm, Caribbean, Asia, Africa
• rapid-fire favorites and closing links

Contact Bam Azizi: @bamazizimesh
Contact Farooq Malik: @rooqster