We sit down in Bermuda with Mountain Protocol founder Martin Carrica and XBTO founder Philippe Bekhazi for a talk on stablecoins and doing business on the island. In this episode:Â
- Why XBTO is Bermuda-first and why Mountain set up there
- The “Bermuda triangle” for doing business on the island
- The overlap between Bermuda’s reinsurance industry and crypto
- The partnership between Mountain and XBTO
- The rise of interest-bearing stablecoins
- USD stables as extending the reach of the dollar
- The relationship between crypto and big 4 auditors
- The coming race between interest and non-interest bearing stablecoins
- Blackrock’s BUIDL product and tokenized treasurys