Layer One

The day after the Clarity Act stalled in the Senate, OpenTrade co-founder and CEO David Sutter argues that the fight over stablecoin yield is the clearest signal yet that his product works. Recorded at Avalanche Summit New York 2026, this Layer One c

Show Notes

The day after the Clarity Act stalled in the Senate, OpenTrade co-founder and CEO David Sutter argues that the fight over stablecoin yield is the clearest signal yet that his product works.

Recorded at Avalanche Summit New York 2026, this Layer One conversation is about who captures the yield when dollars move on-chain, and why the bank lobby is worried.

Chapters:
0:00 Intro
3:16 Clarity Act: no surprise it failed
6:15 The bank lobby's deposit-flight warning
7:56 Customers: fintechs serving emerging markets
10:20 From yield to borrowing: vaults
13:33 Eighteen months of DeFi integration
14:24 A new chairman from Swift

What is Layer One?

The Layer One podcast, created in collaboration with Avalanche, features co-hosts Kelvin Sparks and John Wu as they unpack the real forces driving the crypto market forward.

Through candid conversations with the industry’s true movers and shakers, the show delivers clear, grounded insights that cut through the noise.