How Payroll, Stablecoins & Regulation Are Reshaping Global Economies | Megan Knab
The Defiant31 Maj 2025

How Payroll, Stablecoins & Regulation Are Reshaping Global Economies | Megan Knab

Explore the world of crypto payroll and stablecoins with Megan Knab, cofounder and CEO of Franklin. From tackling crypto volatility to how stablecoins can reshape global economies, this episode dives into the challenges and opportunities for crypto-native payment infrastructure.

Megan Knab shares her insights on crypto’s role in building a better financial ecosystem. We discuss everything from stablecoin-backed paychecks to how DeFi tools enhance accessibility. Tune in to understand why this innovative tech could be the foundation for a healthier society.


Chapters:

00:00 Defiant Intro

00:07 Teaser

00:28 Pull Quote

00:36 Introduction to Megan Knab

01:08 The path from Wall Street to crypto

03:31 Building back offices within Web3

04:53 How to tackle crypto’s volatility with payroll and paying bills in fiat

06:00 Labor laws and crypto

06:41 ERC-20 tokens in payroll

07:35 Eliminating intermediaries in the payroll business

09:12 Benefits to employers and employees beyond cross-border payments

10:54 Payroll as a building block for a healthy society

11:39 How do you calculate a paycheck?

13:14 The GENIUS bill and the future of stablecoins

15:02 Reserve of assets to back up the value of issued stablecoins

16:22 Fixed income and payment giants getting into crypto

16:55 The effects of big brands getting into stablecoins

18:05 Backwards views of crypto adoption

19:12 Democratic backlash to the GENIUS bill

20:25 The need for more effective crypto regulation

22:29 The points for and against crypto regulation

23:18 Crypto is not a political technology

23:52 The biggest winners in crypto have been lawyers

26:10 How do you determine which stablecoins to utilize for business?

28:36 MakerDAO as a major crypto innovation

29:33 How DeFi makes financial tools more accessible to the public

31:33 Stablecoin infrastructure in developing economies

33:30 Stablecoins as a means of USD dominance worldwide

35:09 Challenges for governments having assets onchain

36:06 Future legislation in crypto and investment

39:55 Lighting round!
Music: Future Highway by Picratio is licensed under a Attribution 4.0 International License.

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