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Stablecoins are rapidly crossing the chasm for payments

• What problems do stablecoins solve?

• Can stablecoins stay open-loop or will closed networks win?

• Can crypto-native companies break the innovators’ dilemma and win this race?

Who am I?

My name is Pelle Brændgaard, as my surname is impossible for non-Danes, so please call me Pelle (pronounced like Pelé, the footballer). I'm Danish but have lived in both North and South America, various places in Europe as well as surviving a failed bitcoin startup in Kenya.

I’m the CEO and co-founder of Notabene, where we are building the open trust layer for global money movement.

I've been working in the internet, identity, and crypto industry since the early days of the dot com boom. I've seen businesses and technologies seemingly take over the world and then be gone one year later.

As a member of the 1990s cypherpunk movement, I have been thinking about the implications of using crypto for financial and business applications longer than most people.

My primary interest is in using Blockchain for enabling new kinds of business applications. So I am very interested in how to apply contract law to blockchains and how regulators feel about such things.

I have had to stop four different crypto-related startups since the late 90s due to not being able to solve regulatory issues around KYC and AML.