Stablecoins are moving from the headlines into the banking system, and community banks are paying attention. In this episode of Travillian Next, Alex Treece, CEO and Co-Founder of Stablecore, and Branden Hansen, President at Bank of Utah, join Travillian&#x27;s Keith Daly to discuss why now is the moment for community banks to act. They cover the GENIUS Act and clearer regulation, a stablecoin market that&#x27;s grown from about $30 billion to $330 billion with trillions projected ahead, real-world use cases like cross-border payments and smart contracts, the risk to low-cost deposits, and why community banks may be better positioned to win than they think.

Community Banking’s Stablecoin Moment: Why Now Is the Time to Act

Travillian Next

# Full Transcript

**Podcast:** Travillian Next

## Transcript

Welcome to another great episode of Travillian Next. Very excited about this one. Very happy to have two of the leaders in the industry right now. We have Alex Treese, CEO, co-founder from StableCorp. We also have Brandon Hansen, president director from Bank of Utah. And I guess you're outside Salt Lake City, right, Brandon? Yeah, headquarters just north of Salt Lake City, about 45 minutes.

About 45 minutes. That's right. And Alex, I think you're based in Dallas. So thank you for joining me this afternoon. Really appreciate it. Where do I even start? There's so much going on. I was just doing a little prep work and I asked Scott GPT to give me the latest stories on Stablecoin. And boom, boom, boom, right after one after another. Just big stories this week. We won't go into them. We have a limited amount of time.

But that's what's on everybody's mind these days. And it's trickling down to our clients at community banks for sure. As we proceed with legislation and you're seeing the big banks get together. But really wanted to start this off with you, Alex, since you are the co-founder of StableCorp. What fundamental problem inside banking were you trying to solve with building StableCorp?

Yeah, it's a great question. So maybe some history. I mean, if you go back, you know, 18 plus months ago, it was actually challenging for banks to be in this space because of a number of the sort of blockers on the regulatory side. But thankfully, a lot of those have been cleared in the last 12 months. And so what remains for banks today is really around technology and overall infrastructure.

And there's really kind of two specific things. I mean, one is that there's this entire banking technology stack that exists today. So things like digital banking platforms, core banking platforms, all the compliance tools that banks use today. And today, those tools do not support digital assets, right? And so any bank that's wanting to build in this space has a big gap on that side. And if you look on the other side, you've got all this digital asset infrastructure that exists, right?

That's things like all the digital asset custodians, all the stable coin issuers, and sort of many other firms in that space. And those firms are great for things like custody and wallets and on-off ramps, but they don't have all the pieces and parts you need to actually integrate into banking. And sort of said another way, it takes a lot more than just API keys, you know, into a digital asset custodian to actually run a digital asset product inside of a bank. I mean, there's just many, many other pieces that have to come together.

And so what you have here is this gap between these two sides, again, on that one side, all that banking infrastructure that banks rely on. And on the other side, all this digital asset infrastructure that has key important pieces, but doesn't integrate into that banking technology. And so you hav...

Community Banking’s Stablecoin Moment: Why Now Is the Time to Act

Transcript

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Community Banking’s Stablecoin Moment: Why Now Is the Time to Act

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.