The Two Stablecoin Models That Will Dominate with Sam Kazemian

Payment rails vs yield-bearing vaults, the stablecoin landscape is undergoing a fundamental shift.

In this episode of Stabled Up, we sit down with Sam Kazemian, founder of Frax Finance, to discuss why genius regulation changes everything, how Frax's clearinghouse strategy works for compliant stablecoins, and why Western Union and JPMorgan are making stablecoin moves.

We discuss:

- The Two Types of Stablecoins Framework
- Why Genius Regulation Changes Everything
- Frax's Clearinghouse Strategy for Compliant Stables
- DeFi Blowups & Lessons Learned
- Western Union & JPMorgan's Stablecoin Moves
- White Label Issuance Infrastructure
- Tokenized RWAs as Stablecoin Collateral

The Rollup