Meta Is Coming for Stablecoins

29 snips

Mar 2, 2026

Fredrik Haga, Co-founder of Dune and on-chain data expert, and Nicole Sandler, Chief Ecosystem Officer at Ubix with a trad-fi and regulatory background, discuss stablecoin supply and exchange holdings. They explore enterprise payments use cases, PYUSD’s rapid growth, Meta’s renewed stablecoin moves, agentic AI transacting with tokens, and regulatory signals around tokenized finance.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

INSIGHT

Stablecoins Growing Despite Crypto Winter

Stablecoin volumes are growing even during a crypto winter, showing utility beyond speculation.
Fredrik Haga notes stablecoin volume roughly doubled this year and Bridge's volume grew ~4x, driven partly by exchange holdings and DEX liquidity.

INSIGHT

Enterprises See Stablecoins As Payments Infrastructure

Enterprises view stablecoins as a payments thesis rather than a crypto thesis.
Nicole Sandler says companies focus on tokenized deposits and money-market tokens for practical cross-border flows, decoupled from crypto speculation.

INSIGHT

Meta's Stablecoin Pivot From Libra To Compliance

Meta is approaching stablecoins differently than Libra by complying with regulation and using existing stablecoins.
Nicole contrasts 2019's monetary-sovereignty push with a 2026 market-power play aimed at integration before the Genius Act ban.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

On Ep. 72 of Tokenized, Simon Taylor, GTM @ Tempo is joined by Nicole Sandler, Chief Ecosystem Officer @ Ubyx and Fredrik Haga, Co-Founder @ Dune to discuss onchain data showing stablecoin supply and exchange holding trends, Blueprint raising $4.25M and more!

Timestamps:

00:00 Introduction
2:31 Onchain data shows stablecoin supply and exchange holdings trends
4:32 Stablecoin utility decouples from crypto speculation for enterprises
7:36 PayPal's stablecoin PYUSD grows 750% despite parent company struggles
13:21 Meta's stablecoin pivot from Libra to regulated Genius Act compliance
28:45 RedotPay eyes $1B IPO signaling US regulatory clarity for stablecoins
33:30 Tether invests in creator economy platform Whop for stablecoin payouts
36:32 Kraken launches tokenized equity perpetual futures with 20x leverage
41:04 Blueprint raises $4.25M for on-chain compliance operating system

Tokenized is sponsored by Visa

A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.

Tokenized is presented by Bridge, a Stripe company.

Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyz

Tokenized is presented by M0

Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org

***

We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!

Music by Henry McLean