<p><span style="font-size: 12pt;"><i style="font-size: 12pt;">Episode <strong>79</strong></i><b style="font-size: 12pt;"><i> </i></b><i>of Season 4 of The Scoop was recorded remotely with <strong>The Block's Frank Chaparro</strong> and <strong>Plaid head of UK/EU Keith Grose</strong>.</i></span></p> <p><span style="font-size: 12pt;"><i>Listen below, and subscribe to The Scoop on </i><a href="https://podcasts.apple.com/us/podcast/the-scoop/id1460134454"><i>Apple</i></a><i>, </i><a href="https://open.spotify.com/show/7qwrgTJ5CYDXAaVILNZuEd"><i>Spotify</i></a><i>, </i><a href="https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vdGhlYmxvY2stdGhlc2Nvb3A?sa=X&amp;ved=0CAMQ4aUDahcKEwionbSO9fbxAhUAAAAAHQAAAAAQAg"><i>Google Podcasts</i></a><i>, </i><a href="https://www.stitcher.com/podcast/the-block-2/the-scoop-4"><i>Stitcher</i></a><i> or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com.</i></span></p> <p><iframe frameborder="0" height="200" src="https://playlist.megaphone.fm?e=BLOCK8603431915" width="100%"></iframe></p> <hr /> <p><span style="font-weight: 400;">Plaid, a fintech infrastructure and payments provider aiming to simplify the digital financial ecosystem through a single API, recently </span><a href="https://www.theblock.co/post/157559/binance-us-gemini-to-join-network-of-data-company-plaid"><span style="font-weight: 400;">announced</span></a><span style="font-weight: 400;"> big crypto players such as Gemini and Binance.US are joining its network of financial institutions.</span></p> <p><span style="font-weight: 400;">The move is part of Plaid's broader effort to integrate both legacy institutions and crypto service providers into its platform, which was </span><a href="https://www.theblock.co/linked/100816/plaid-announces-430-million-raise-following-failed-visa-merger"><span style="font-weight: 400;">valued</span></a><span style="font-weight: 400;"> at more than $13 billion last year after a $425 million fundraise.</span></p> <p><span style="font-weight: 400;">In this episode of The Scoop, Plaid's head of UK/EU, Keith Grose, joins host Frank Chaparro to discuss how its integration with crypto platforms is helping bring new users into the ecosystem, and to break down what the future of digital finance will look like.</span></p> <p><span style="font-weight: 400;">According to Grose, users' digital financial interactions will increasingly be controlled by a single wallet that is able to move seamlessly between different platforms:</span></p> <blockquote> <p><span style="font-weight: 400;">"You are essentially, as a user, going to have this back end wallet, whether it's your bank account or your crypto wallet, that you control the keys to and you can take wherever you want to use it around the digital world. That's where we're headed."</span></p> </blockquote> <p><span style="font-weight: 400;">While Plaid is built to cater to a range of digital financial platforms, Grose points out that all financial transactions ultimately come down to trust:</span></p> <blockquote> <p><span style="font-weight: 400;">"What we're really talking about when you're talking about payments is trust… and I think we're more and more moving to a place where trust is becoming digital, and proving trust online in the digital world is very different than proving trust in a physical, community based system that most of humanity has been in for most of history."</span></p> </blockquote> <p><i><span style="font-weight: 400;">In this episode, Chaparro and Grose also discuss:</span></i></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">The role of stablecoins in digital finance</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How Plaid handles KYC and why it's important</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Instant payments and risk modeling</span></li> </ul> <hr /> <p><b>This episode is brought to you by our sponsors <a href="https://trondao.org/"><em>Tron</em></a>, <em><a href="https://www.chainalysis.com/">Chainalysis</a> &amp; </em><em><a href="https://www.iwc.com/">IWC Schaffhausen</a><br /> </em></b></p> <p><strong>About Tron</strong><em><br /> On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a </em><em>brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit <a href="https://poloniex.com/">Poloniex.com</a>.</em><b><br /> </b></p> <p><strong>About Chainalysis</strong><em><br /> Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit <a href="https://www.chainalysis.com/">www.chainalysis.com</a>.<br /> </em></p> <p><strong>About IWC Schaffhausen<br /> </strong><em>IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot’s Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit <a href="https://www.iwc.com/">IWC.com</a>.</em></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>