On The Brink with Castle Island

Stepan Simkin (Squads) on Stablecoin-Powered Financial Services (EP.688)

Stepan, founder of Squads, sits down with Wyatt on today's episode. In this discussion: Squads' evolution from a DeFi-facing product to servicing a broader range of companies' asset treasury needs. What are the pain poi...

2025-12-01

Episode notes

Stepan, founder of Squads, sits down with Wyatt on today's episode. In this discussion:

  • Squads' evolution from a DeFi-facing product to servicing a broader range of companies' asset treasury needs.
  • What are the pain points of local small-medium businesses?
  • What is driving the gradual global movement from local currencies into USD stablecoins?
  • The appetite for safe yield across user types.
  • Other traditional digital banking players and how they are evolving with technology.
  • How the stablecoin trend impacts governments.
  • What happens to local banks?