Stephen Richardson

CSO & Head of Banking @FireblocksHQ. Working everyday to build infrastructure that will enable digital assets to disrupt business as we know it.

[Stephen Richardson @thoughtsofsteve]

Project Trinity: SMBC’s yen stablecoin settled two security token transfers atomically across two blockchains.

Fireblocks provides the wallet and key management layer. This isn’t theoretical, it’s operational.

🔗: https://t.co/xmMyzCPiiT

[Fireblocks @FireblocksHQ]

Stablecoins are moving trillions. @Money2020 USA starts next week.

Find Fireblocks in Vegas:

▶️ Oct 19, 4:40pm: Michael Shaulov keynote, Intersection Stage

▶️ Oct 20, 12:05pm: Token types panel, ARRA.I.VAL Stage

▶️ Booth 16061 all week

Book a meeting: https://t.co/OzpIY1zbEr

#Money2020

[Fireblocks @FireblocksHQ]

Stephen Richardson (@thoughtsofsteve), Fireblocks' Chief Strategy Officer & Head of Banking, joined May Zabaneh of @PayPal, @ivanhodl of @moonpay, Farooq Maliq of @raincards; and @fintechfrank of @GSR_io on the OKX Main Stage at @token2049 for a panel on the role of stablecoins in payments.

[Fireblocks @FireblocksHQ]

NYC pizza. Fireblocks HQ. A room full of customers.

Financial Passports, our global meetup series, opened its New York chapter with Itai @Turbahn, Stephen Richardson (@thoughtsofsteve) and Madan Gadde on bank stablecoins, agentic commerce and tokenization.

Thanks to every customer who came.

[Stephen Richardson @thoughtsofsteve]

Kraken has a pilot Fed master account. Coinbase has a conditional trust charter. Meta's reportedly building wallets into WhatsApp. Different doors, same target: your customer. Whoever owns the layer underneath wins.

Read my latest blog post: https://t.co/EmvDO4Np75

[NYSE 🏛 @NYSE]

Stablecoins have moved beyond the innovation phase.

@thoughtsofsteve of @FireblocksHQ breaks down how banks are building ecosystems to support stablecoins and what new regulatory guidance means for the industry.
Hear more ➡️ https://t.co/JpWj30184N

[FINTECH.TV @FINTECHTVglobal]

Two years ago, Fireblocks' UAE clients were mostly crypto-native trading firms. Today it is banks, payments companies, and corporates.

@thoughtsofsteve, CSO at @FireblocksHQ, tells @RaghdaIbraheem that the shift in client makeup is "a really exciting change", and a signal of where the regional digital asset market is genuinely heading.

[Stephen Richardson @thoughtsofsteve]

Full report from Chris Ostrowski and the SODA team, with @Solana, @BcgExpand, @CantonNetwork, @FireblocksHQ, @PwC, @StellarOrg and @zksync.

Worth the time for anyone deciding where tokenization sits on next year's budget.

Full Report: https://t.co/EsP1ws8SQD

[Stephen Richardson @thoughtsofsteve]

Tokenization budgets at the largest banks are moving out of innovation lines and into the businesses that will run these products. That shift, from experiment to P&L, is the clearest signal in SODA's new survey of 16 of the world's largest sell-side institutions.

[Stephen Richardson @thoughtsofsteve]

Nine in ten of these institutions expect tokenized repo and collateral to moderately or fundamentally reshape liquidity management within five years. Not one calls its own infrastructure fully ready to run it today.

That is the gap this report measures.

[Stephen Richardson @thoughtsofsteve]

Good conversation with @SimonTaylor and @idobn, on the @Tokenized podcast.

Quick take: on-chain transaction visibility is higher than traditional fiat, not lower. The industry needs to make that case better.

Full episode 👇

[Tokenized Podcast @TokenizedPod]

🚨 Ep. 90 of @TokenizedPod: OpenUSD - Bringing the Rest of Fiat Onchain

@sytaylor is joined by:

👉 @thoughtsofsteve, Chief Strategy Officer & Head of Banking, @FireblocksHQ

👉 @idobn, CEO & Co-Founder, @blockaid_

To discuss:

🚀 Fireblocks role in OpenUSD launch

🧠 OpenUSD economic model and revenue distribution

❗️ Jeremy Allaire critique of OpenUSD consortium

🌐 Stablecoin liquidity challenges and global adoption

💥 Tokenized treasuries and settlement speed impact

🏦 Banks integrating stablecoins with tokenized deposits

📑 BIS report on stablecoins falling short as money

👁️ BIS view on DeFi lending and bank credit

📈 Robinhood Earn product and DeFi insurance offering

***

Timestamps:

2:46 Fireblocks role in OpenUSD launch

4:29 OpenUSD economic model and revenue distribution

7:45 Jeremy Allaire critique of OpenUSD consortium

10:07 Stablecoin liquidity challenges and global adoption

14:11 Tokenized treasuries and settlement speed impact

21:52 Banks integrating stablecoins with tokenized deposits

26:17 BIS report on stablecoins falling short as money

29:37 BIS view on DeFi lending and bank credit

39:15 Robinhood Earn product and DeFi insurance offering

***

👉𝘚𝘦𝘢𝘳𝘤𝘩 '𝘛𝘰𝘬𝘦𝘯𝘪𝘻𝘦𝘥 𝘗𝘰𝘥𝘤𝘢𝘴𝘵' 𝘖𝘯 𝘠𝘰𝘶𝘛𝘶𝘣𝘦. 𝘈𝘱𝘱𝘭𝘦, 𝘚𝘱𝘰𝘵𝘪𝘧𝘺 𝘰𝘳 𝘢𝘯𝘺 𝘗𝘰𝘥𝘤𝘢𝘴𝘵 𝘗𝘭𝘢𝘺𝘦𝘳! 👈

[Stephen Richardson @thoughtsofsteve]

Most stablecoins capture value for the issuer. @OpenStandard takes a different approach.

An independent company governing $OUSD, with a partner board and reserve economics flowing back to the businesses driving adoption.

Structural shift, not a technical one.

[Open Standard @openstandard]

Introducing Open USD: a stablecoin built for the internet economy, designed by the businesses growing it.

https://t.co/jqgDRs6mKf

[Fireblocks @FireblocksHQ]

Open USD launches with 140+ businesses on shared rails for moving money. Fireblocks is proud to be an infrastructure partner.

"Joining @openstandard is a natural extension of the role we play, and a signal the industry is consolidating around shared infrastructure, not silos."
-Michael Shaulov, CEO and Co-Founder

[Fireblocks @FireblocksHQ]

The infrastructure for tokenized markets is already running.

June 30, 11AM ET: @FireblocksHQ + @CantonNetwork on collateral mobility, instant settlement, and 24/7 liquidity for tokenized assets.

From architecture to go-live. With @DigitalAsset's Chief Business Development Officer, Kelly Mathieson and Varun Paul.

Register now: https://t.co/M6EYSkVp6w

[Stephen Richardson @thoughtsofsteve]

21% of the 290 largest transaction banks have committed to issuing digital money by mid-2027.

Franchises making $200B+ in revenue feel they have to.

Tim Way on where the volume is, and why foundational decisions made early are what let banks move now: https://t.co/QVwlilXGEe