Uploaded July 2026 | Updated September 2026, 2 days ago

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Stablecoins are reshaping how credit is created, priced and distributed. As balances grow, holders are looking for yield, and a new generation of on-chain asset managers is stepping into territory that once belonged exclusively to banks and private credit giants.

In this episode, we discuss:
- Why the history of money shapes the future of on-chain finance
- How stablecoin growth sets the ceiling for on-chain lending
- Why banks are structurally unfit for most business lending
- How private credit giants like Apollo and Blackstone are responding to tokenization
- Why Bitcoin-backed lending offers liquidity that traditional collateral cannot
- How fintech platforms and neobanks are becoming a major distribution channel
- Why the two and twenty fee model may be permanently disrupted
- The expansion into real-world assets, securitizations and secured credit
- Why hacks and hidden leverage remain the biggest risks to the ecosystem
- The future of KYC and permissionless finance coexisting

This episode is powered by C1 Fund Inc.

C1 Fund is an NYSE-listed fund giving you public access to private giants like Kraken, Consensys, and Ripple.

C1 Fund lets you back the infrastructure of crypto, not just the tokens.

Head to C1Fund.com for more details