Fireside Chat with Anthony Vassallo from Silicon Valley Bank

In this fireside chat at the Stable Summit, Anthony Vassallo, Senior Vice President of Crypto at Silicon Valley Bank (SVB), discusses the bank’s current stance and activities in the crypto and stablecoin ecosystem. Anthony Vassallo explains why traditional finance can’t afford to ignore stablecoins. With $2.1 trillion in monthly transfers and rapid adoption across the globe, stablecoins are setting new benchmarks. This episode covers the convergence of fintech and DeFi, the strategic play behind TradFi’s interest in issuing stablecoins, and the long-term vision for onchain payments, yield, and liquidity. A forward-looking discussion on what’s next in crypto banking. Chat moderated by: Sonya Kim, Chef, Steakhouse Financial. — 00:00 Introduction 00:45 Post-Acquisition Crypto Strategy 02:30 Who SVB Banks in Crypto 03:35 Stablecoins and Payment Adoption 05:15 Real-World Use Cases for Stablecoins 06:35 DeFi Mullet and Fintech Onramps 08:10 Fundraising Trends and Blockchain Resilience 10:00 TradFi’s Stablecoin Entry Outlook 12:10 Bank-Issued Tokens and Opportunities 14:00 Stablecoins for Yield and Credit 15:40 Future of P2P vs Local Stablecoins 17:30 KYC, Compliance, and DeFi Integration — Explore Upcoming Events Stable Summit III: Devconnect • Website: https://www.stablesummit.xyz/ • Email: info@stablesummit.xyz • Apply to Speak/Sponsor: https://partyactionpeople.typeform.com/devconnect2025?typeform-source=www.stablesummit.xyz Stablecoin Summit: Singapore by XREX & Unitas • Website: https://stablecoinsummit.com/ • Email: team@stablecoinssummit.com • Apply to Speak/Sponsor: https://partyactionpeople.typeform.com/stblcoin3?typeform-source=stablecoinsummit.com Blockchain Oracle Summit: Devconnect • Website: https://blockchainoraclesummit.io/ • Email: info@partyactionpeople.com • Apply to Speak/Sponsor: https://partyactionpeople.typeform.com/BOS25apply Listen to the Stable School Podcast Link: https://stableschool.org/podcast Follow Stable Summit on X Link: https://x.com/stable_summit — About: By Stake Capital Group and Party Action People, and presented by Curve Finance, Stable Summit has been gathering leaders in stablecoins almost quarterly since 2023. Our content is curated through hours of one-on-one research with the leading minds in the stablecoin space. Each program is a highlight reel of what leaders in stables are curious about in real time. Our audience consistently features the full spectrum of the stablecoin ecosystem, from DeFi protocols to institutions, from stablecoin issuers to central banks, and every llama in between.