Most stablecoin volume is not payments. By Jamal Raees's own estimate, 70 to 90% of it is settlement for trading and speculation. So how does real payments infrastructure get built on top of it, and who wins the stablecoin wars? Our CMO @PaulRezaAfshar asks the spicy questions the stablecoin hype skips to @JamalRaees, GM of Payments at @SolanaFndn , in the latest episode of the No BS Podcast. In this episode: - How family remittances taking 6 weeks at 7 to 15% fees pushed him into crypto payments - Stablecoins vs tokenized deposits, explained simply - Why banks and card networks launch their own stablecoins when USDC exists - Where MiCA, GENIUS and CLARITY are still incomplete, and why he says "upgrade", not "disrupt" - What a new on-ramp or off-ramp company should build first, and why compliance is the cornerstone Watch the full episode: Listen on Spotify: