Kevin Zhang is the CEO and co-founder of Paytrie, the issuers of CADC.
This episode explores stablecoin definitions and delves into Paytrie's CADC, highlighting use cases like on-chain foreign exchange and improving business payments with 24/7, real-time transactions. The discussion also covers why Canadian banks are slow to adopt blockchain and Kevin's vision for stablecoins as powerful, invisible networks for future finance.
00:00 Introduction to Kevin Zhang, Paytrie, and "What is a stablecoin?"
01:46 Understanding CADC: Canada's Dollar-Backed Stablecoin
03:50 CADC's Architecture: Following USDC's Best Practices
05:28 Paytrie's Early Days
07:33 The Shift in Paytrie's Offerings Due to Regulation
12:51 Domestic vs. Global Stablecoin Use Cases: CADC and USDC
14:08 The "Stablecoin Sandwich" and On-Chain Forex
17:47 Stablecoins as Powerful Networks, Not Just Money
20:00 CADC's Role in Improving Canadian Payments for Businesses
33:02 Why Canadian Banks are Slow to Adopt Blockchain Technology
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