Episode 246: The Race to Build the Everything Exchange with Eric Richmond of Coinbase Canada
@alextapscott @ericrichy @coinbase @CMCC_Global
0:00 Introduction
4:40 What "the everything exchange" actually means
5:56 From spot crypto to stablecoins and tokenized assets
7:41 Where the next hockey stick comes from
9:04 Why the 2016 thesis was a decade early
9:39 CryptoKitties, Toronto, and Switzerland
12:26 Canada goes from first-mover to behind the pack
13:30 The Stablecoin Act and the Genius Act catalyst
14:38 Market structure & the CLARITY Act
16:19 Custodying Bitcoin in Canada
18:00 Red tape, offshore builders, and what Canada should codify
19:33 Sovereign financial rails as national strategy
21:10 What it takes to become a registered dealer in Canada
22:36 How Canadians use Coinbase today: USDC, derivatives, tokenized equities
23:55 Why tokenized equities beat a brokerage account
26:27 24/7 markets, Hyperliquid, and trading oil on a weekend
28:07 DeFi inside a regulated platform, and CEX-to-DEX
30:41 Is Base a hedge or the evolution strategy?
33:08 AI agents, x402, and why the agent economy needs stablecoins
37:07 Where to follow Eric