FinTech Meets Crypto: The Future of Global Payments | Simon Taylor

In this episode of Bankless, Ryan Sean Adams and David Hoffman interview Simon Taylor, a FinTech expert, about the convergence of crypto and FinTech, focusing on payments infrastructure. Simon explains how stablecoins are becoming the "FinTech 3.0," improving payments infrastructure, and compares payments chains to AWS, highlighting their potential to reduce costs and complexity. The discussion covers the inefficiencies in traditional finance, the benefits of stablecoins for global trade, and the rise of payments chains like Tempo, Circle's ARK chain, and Tether's Plasma chain. They also discuss the roles of tokenized deposits and CBDCs, and the potential for tokenization beyond stablecoins, addressing concerns about neutrality, permissionlessness, and the cultural differences between TradFi and crypto.