I had the pleasure last week of hosting a discussion with fintech CEOs at the Reagan National Economic Forum in lovely Simi Valley, Calif. The focus was on how the U.S. can keep its edge as the world’s top economic power by leading in the two technologies that are defining the next era of finance: blockchain and AI.
The good news is that, so far, the U.S. is more than holding its own. During the panel, Ramp CEO Eric Glyman explained how AI is unlocking huge new efficiencies in corporate expense management, while the heads of Kraken and Bridge, Arjun Sethi and Zach Abrams, described how stablecoins are consolidating dollar dominance across the world. But there’s a dark side to all this: America’s adversaries, along with ordinary criminals, have also discovered the power of these technologies.