Market Cap w/ Michael Angjeli from VelaFi

Show Notes

🎥 Watch the video version: https://www.youtube.com/watch?v=SWF1QV7LyUo

On this Market Cap episode, our Director of Institutional Partnerships, Stefano Sanabria speaks with Michael Angjeli, Head of Treasury and Liquidity at @Velafi_global.

VelaFi provides stablecoin-powered financial infrastructure for global businesses, connecting local banking rails, global transfers, and major stablecoin networks to enable fast, compliant, and cost-efficient global money movement.

They serve over a thousand clients across 200 territories in Latin America, Asia and the US, with partners including Alibaba, MoneyGram, Circle, Jump Trading, Paxos, Fireblocks and many more.

Chapters
00:00 Stablecoins Rewrite Cross-Border FX Infrastructure
05:13 Why Banks Adopt Blockchain Only When Economics Win
09:40 The Hidden Complexity Behind a Single Payment
14:26 Treasury Runs on Banks, Liquidity, and Relationships
19:19 Stablecoins Aren't Enough to Win Payments Anymore
25:31 Why Local Licenses Beat Global Technology
29:29 Every Cross-Border Corridor Behaves Differently
39:11 Can OpenUSD Break USDT & USDC Network Effects?
43:24 Four Trends Reshaping Global Payments
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On Market Cap we feature firms and funds to explore the thinking that guides them, the patterns they observe, and other forces moving the markets.

What is Market Cap?

Market Cap is the show for serious capital in crypto. Stefano hosts allocators, market makers, and institutional operators to unpack the flows, structures, and mechanics shaping the asset class. Conversations focus on market structure, liquidity, the bridge between TradFi and crypto, and the questions allocators are actually asking. Built for professionals who treat crypto as a market, not a meme.