{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Privacy Podcast","title":"Stablecoins, Privacy and the Future of Finance with Circle’s Gordon Liao","html":"","width":"100%","height":180,"duration":1949,"description":"\nWhat happens when privacy, programmable money, and artificial intelligence collide?\n\n\nIn this episode of Privacy Podcast, host Ben Schiller sits down with Gordon Liao, Chief Economist and Head of Research at Circle, to explore how stablecoins are reshaping global finance, and why privacy is becoming essential for institutional blockchain adoption.\nDrawing on his experience at the Federal Reserve, the CFTC, Uniswap, and now Circle, Gordon explains why stablecoins have evolved far beyond digital payments into programmable financial infrastructure powering the next generation of commerce.\nThe conversation also examines Circle's new approach to blockchain privacy, balancing confidentiality with regulatory compliance, and why optional privacy may be the key to bringing traditional financial institutions on-chain.\nFinally, Gordon shares his outlook on AI agents, programmable money, and how autonomous software could soon become one of the largest users of stablecoins.\n\nThe conversation explores:Why stablecoins have evolved beyond payments into programmable financial infrastructureHow Circle's ARC Privacy aims to balance privacy with regulatory complianceThe role of trusted execution environments (TEEs) in protecting blockchain transactionsWhy institutions require privacy before adopting public blockchain technologyThe tradeoffs between transparency, market efficiency, and confidentialityHow decentralized finance changes traditional financial risk modelsThe impact of emerging stablecoin regulation and global adoptionWhy AI agents may become the next major users of stablecoins and blockchain networks\n\n\nWhy This Matters\nStablecoins are quickly becoming a foundational layer of the global digital economy—but their long-term success depends on balancing innovation with privacy, transparency, and regulatory compliance. As institutions, governments, and AI-powered systems increasingly transact on blockchain networks, the infrastructure supporting those transactions must evolve...","thumbnail_url":"https://img.transistorcdn.com/vpEuAfjPdK-wDcHhqYiQw4VjsckbaPox0yUDwiaMCsg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82ZmI4/ZTgwY2E4YzI2Zjky/ZGRhZTVkZjIxMzU5/ZjFlNi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}