Banks Have Stablecoin Whiplash & Conduit Raise $36M Ft. Farooq Malik, Gwera Kiwana and Kirill Gertman
Banks Have Stablecoin Whiplash & Conduit Raise $36M Ft. Farooq Malik, Gwera Kiwana and Kirill Gertman  
Podcast: Tokenized
Published On: Mon Jun 09 2025
Description: On Ep. 34 of Tokenized, Cuy Sheffield, Head of Crypto @ Visa is joined by Farooq Malik, Co-Founder @ Rain, Gwera Kiwana, Global Expansion @ Sling Money and Kirill Gertman, CEO @ Conduit to discuss Conduit raising $36 million in Series A funding, banks partnering with stablecoin platforms for payments and more!Timestamps:02:26 Conduit raises $36 million in Series A funding04:01 Businesses using stablecoins for cross-border transactions06:06 Stablecoins replacing SWIFT for global payments08:48 Stablecoins as a hedge against currency devaluation13:22 On-chain lending and programmable credit rails17:49 Santander explores stablecoin and crypto services22:51 Banks partnering with stablecoin platforms for payments29:49 SEC clarifies staking services are not securities34:39 Yield optimization for businesses using stablecoinsThis episode is brought to you by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.Tokenized is also presented by Avalanche.With Avalanche’s purpose-built Layer 1s, institutions can tailor digital asset strategies to their exact needs—while still tapping into the power of public blockchain innovation, developer communities, and seamless interoperability. Learn more at avax.network***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research! Music by Henry McLean