OpenTrade CEO cites bank lobby's $3 trillion deposit-flight warning

Layer One · September 17, 2026, 5:07AM EDT · 21:01

The day after the Clarity Act stalled in the Senate, OpenTrade co-founder and CEO David Sutter argues that the fight over stablecoin yield is the clearest signal yet that his product works.

Recorded at Avalanche Summit New York 2026, this Layer One conversation is about who captures the yield when dollars move on-chain, and why the bank lobby is worried.

Chapters:
0:00 Intro
3:16 Clarity Act: no surprise it failed
6:15 The bank lobby’s deposit-flight warning
7:56 Customers: fintechs serving emerging markets
10:20 From yield to borrowing: vaults
13:33 Eighteen months of DeFi integration
14:24 A new chairman from Swift

Host/Guest links:
Kelvin Sparks – https://x.com/imyoungsparks
Dave Sutter – https://x.com/BTC_Dave

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