Episode 347: Corey Then of Circle: StableCoins and how the Velocity of Money can Unlock Prosperity

Corey Then is the Vice President and Deputy General Counsel - Global Policy at Circle, a global financial technology company. He previously held a series of legal roles, and spent a period in the White House as an economics and Department of Justice lead. He's also an adjunct professor at the Washington University School of Law. We got to know eachother while Corey was in-house counsel at Moneta in St Louis. 

Our conversation starts with Corey's entry into law and how his stint in the White House was formative in terms of his approach to problem solving and working with teams. We move then to what interested him first in crypto assets and what brought him to Circle. Corey explains what it is about Stablecoins that makes them so transformational. He suggests that they will  enable commerce to speed up and that this increase in money velocity, will bring more prosperity to more people around the world..

In terms of the risks to this trajectory, Corey suggests that if there are not comparable laws around the world, that StableCoin won't meet its full potential. He suggests that if there are balkanized regulatory structures around the world, we could end up with stable coins stopping at borders, which would be a huge disservice to consumers around the world. 

This podcast is kindly sponsored by Evanston Capital and Alvine Capital. For over 20 years Evanston Capital has had a key focus in identifying early-stage investment managers it believes are capable of generating long-term, value-added returns in complex, innovative strategy areas. Alvine Capital is a specialist investment manager and placement boutique with a particular focus on alternative assets with significant presence in London and Stockholm.