Episode 533
Martin Carrica (Mountain) and Philippe Bekhazi (XBTO) on Digital Assets in Bermuda (EP.533)
On The Brink with Castle Island · Castle Island Ventures
June 6, 202454m 3s
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Show Notes
We sit down in Bermuda with Mountain Protocol founder Martin Carrica and XBTO founder Philippe Bekhazi for a talk on stablecoins and doing business on the island. In this episode:
- Why XBTO is Bermuda-first and why Mountain set up there
- The "Bermuda triangle" for doing business on the island
- The overlap between Bermuda's reinsurance industry and crypto
- The partnership between Mountain and XBTO
- The rise of interest-bearing stablecoins
- USD stables as extending the reach of the dollar
- The relationship between crypto and big 4 auditors
- The coming race between interest and non-interest bearing stablecoins
- Blackrock's BUIDL product and tokenized treasurys