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December 1, 2025 33 mins

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?
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