In a Block by Block podcast, host Danelle Dick interviews Ben Milne, CEO of Braille, a stablecoin issuer building on Stellar. They discuss institutional trust in on-chain assets, regulatory compliance, Braille's multi-chain API for bank-stablecoin connectivity, and Stellar's advantages in speed and cost for payments. The conversation highlights interoperability, permissionless infrastructure, and future trillions moving on protocols.
Ben Milne shares Braille's four-year journey, including obtaining money transmitter licenses and building infrastructure for issuing and custodying stablecoins on Stellar and other chains. They emphasize trust as key for institutional adoption, with Braille enabling stablecoin issuance for under a dollar via a simple API connecting US banks to stablecoins across networks like ACH and RTP. Discussions cover regulatory clarity, bridging blockchain and traditional finance languages, and Braille's support for assets like USDC and Paxos alongside its own. Stellar is praised for low-cost, high-speed payments and emerging market opportunities like Etherfuse's MXNE. Interoperability is highlighted as crucial, avoiding closed systems, with predictions of trillions in payments, embedded finance, and new AI-driven commerce on protocols. Ben reflects on his Dwolla background and Braille's customer-driven growth.