Solana Stablecoins Explained: PYUSD, USDG & Confidential Transfers

In this episode of Stableminded, we sit down with Sheraz Shere, GM of Payments and Commerce at Solana Foundation, to explore why major financial institutions are choosing Solana as their blockchain infrastructure for payments.

Sheraz brings a unique perspective from his background at American Express and Google (building early Google Wallet and Google Pay) to his current role driving enterprise adoption at Solana. He reveals how Solana's upcoming confidential transfers feature could unlock domestic payment use cases while maintaining regulatory compliance, and discusses the strategic partnership with Global Dollar Network (USDG).

We dive into:
- Solana's journey from the FTX collapse to becoming enterprise payment infrastructure
- Why PayPal, Visa, Stripe, and Fiserv are building on Solana
- How confidential transfers will enable privacy without compromising compliance
- The network model of USDG and what it means for stablecoin economics
- Token extensions: The killer feature for regulated financial institutions
- Why the "stablecoin sandwich"approach is winning enterprise adoption
- The shift from infrastructure to application layer in 2025

Follow Sheraz on X: @sherazshere
Follow Solana on X: @solana
Follow Solana Foundation on X: @SolanaFndn
Follow Global Dollar on X: @global_dollar

Season 5 of Stableminded is powered by Global Dollar Network, the fastest growing stablecoin network in the world.

Learn more at globaldollar.com/network

*The content of this podcast is for informational purposes only and does not constitute financial, investment or legal advice