Helping Sony Bank & Institutions to Launch Stablecoins! | Nass Eddequiouaq
March 10, 2026
AI Summary
5 min readNass Eddequiouaq, co-founder and CEO of Bastion, spent years inside the institutions that are now his customers — first at Anchorage, then on Meta's Libra project, then as Chief Information Security Officer at a16z Crypto. He saw the same problem from every angle: large companies want to use blockchain technology, but they cannot build the regulated, compliant infrastructure themselves. Bastion is the result — a white-label stablecoin issuance platform that handles the technology, the banking connectivity, and the regulatory compliance so that enterprises do not have to.
The four models of stablecoin issuance
Eddequiouaq breaks down the options for any company that wants to issue a stablecoin. They fall on a spectrum from least to most control. The first is wrapping an existing stablecoin — you create a new smart contract that is backed by an already-established stablecoin, with a revenue-sharing agreement between the two issuers. This preserves liquidity because all wrapped coins share a common denominator. The second is a full outsourced model: a licensed party like Bastion operates and launches the stablecoin entirely on behalf of the client, which is the path for traditional tech companies that do not want to become a bank. The third is a regulated service provider model, where the client holds its own license (as Sony Bank does) but Bastion handles the op
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What you'll learn
- 1 (00:06) **Introduction & Guest Background** - Tony Edward introduces Nass Eddequiouaq, co-founder and CEO of Bastion, a regulated white-label stablecoin issuance platform backed by a16z.
- 2 (09:19) **First Discovery of Bitcoin & Industry Evolution** - Nass recalls mining Bitcoin in school and how the ICO wave and Ethereum's arrival made him realize crypto's potential.
- 3 (13:26) **Bastion's Core Services & Regulatory Positioning** - Nass explains Bastion as a licensed financial institution offering stablecoin issuance, custody, and on/off ramps.
- 4 (16:44) **Post-GENIUS Act Surge in Demand** - The passage of the GENIUS Act caused a massive spike in institutional interest.
- 5 (18:10) **Four Models of Stablecoin Issuance** - Nass outlines the spectrum of control for institutions issuing stablecoins.
- 6 (22:55) **Blockchain Choice & Battle-Tested Infrastructure** - Institutions prefer public, battle-tested blockchains like Ethereum and Solana for distribution and reliability.
- 7 (24:28) **Sony Bank Case Study: Real-World Stablecoin Use** - Sony is moving beyond POCs to a real stablecoin strategy for its ecosystem of 300M+ users.
+ Full timestamped outline available in the app
Show Notes
Topics:
- Bastion's Stablecoin Solutions
- Helping Sony Bank to launch a stablecoin
- Stablecoin regulation and market
- Stablecoin impact on payments
- Banks vs Stablecoin yield
- Ai Agents using stablecoins
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⏰ Time Stamps ⏰
00:00 Intro
02:30 Nass' background
08:27 Discovering Bitcoin
10:27 Growth of Crypto
12:35 Bastion overview
16:16 Stablecoin issuance
22:35 Sony Bank stablecoin
25:56 Stablecoin distribution
28:50 Dotfile and Bastion Partner
33:18 AI Agents stablecoins
35:26 Tokenization 24/7 markets
37:29 Banks vs Stablecoin yield
43:01 Stablecoin currency demand
47:24 Future of payments
56:37 Wrap up questions
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#Stablecoin #Sony #Blockchain #Crypto #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRPNews #RippleXRP
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