
Exponential: A Nexus Podcast Episode 24: Stablecoin Innovation
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Feb 19, 2026 Joao Reginatto, Chief Strategy Officer at M0 — building an operating system for programmable, interoperable digital money. He explains how institutions can create tailored stablecoins, why money is plural and businesses need private digital money, and how shared base layers enable seamless transfer and customization while closing crypto’s interoperability gap.
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M0 Is An Operating System For Digital Money
- M0 is an operating system for digital money that lets institutions and apps create tailored stablecoins.
- It connects application developers who want custom money with licensed issuers who hold reserves and operate the instruments.
Money Is Plural And Interoperability Explains Acceptance
- Money is plural: traditional dollars exist in thousands of private flavors (commercial banks, fintechs, loyalty balances) that interoperate via infrastructure.
- Crypto lacked that interoperable plumbing, so current stablecoin trading-based interop is a capital-inefficient poor man's approach.
Package Stablecoin Tech Into A Customizable Issuance Platform
- Reduce technical barriers for issuers by packaging minting, dual-ledger reconciliation, multi-chain support, and liquidity management.
- Provide a customizable software box so licensed issuers can plug in regulatory controls and scale issuance.

