For many decades, most financial innovations were built atop antiquated legacy infrastructure by a handful of consolidated institutions. But in the last 10 years, historically low cost of capital and innovations like blockchains and smart contracts have added new competition to a once slow-moving industry. Now, stablecoins and rapidly improving Web3 infrastructure stand to uplevel businesses worldwide more quickly than anyone could have predicted.
In this episode of The Money Movement, Jeremy is joined by Eric Glyman, Co-Founder & CEO at Ramp.
They cover:
👉 00:01:01 - Ramp’s mission and vision
👉 00:04:01 - Using USDC to manage capital
👉 00:08:07 - Future uses of crypto in large business
👉 00:09:57 - The pros of running business operations on crypto rails
👉 00:15:15 - Crypto’s representation as “deep tech” in fintech
👉 00:20:56 - Programmable money and transaction automation in corporate finance
👉 00:24:55 - How Ramp is impacting the financial tools used by startup and growth companies
👉 00:29:47 - The shift in market share from traditional financial utilities into internet native financial utilities
👉 00:37:48 - Can fintech business be banks or bank holding companies?
If you’re interested in how the world of finance is evolving and how stablecoins are going to impact how internet native businesses run their financial operations, tune into this episode of The Money Movement.
Subscribe here:
👉 YouTube: https://bit.ly/3lUcJFN
👉 Apple: https://apple.co/3G3CrPZ
👉 Spotify: https://spoti.fi/3lUd6jF
👉 Email: https://bit.ly/3aXWYY5
And connect with Eric here:
👉 Twitter: https://twitter.com/eglyman
👉 LinkedIn: https://linkedin.com/in/eglyman
The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient, and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.
The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through programmable internet commerce. Learn more about Circle Business Accounts and Platform APIs at circle.com.
