The Last Unsolved Layer in Global Stablecoin Payments

Nikhil Srinivasan is the Co-Founder and CEO of Infinite, a global B2B stablecoin payment processor that can settle same-day payments to over 170 countries. Before Infinite, Nikhil sold his first company, Distributed Systems, to Coinbase in 2018, where he worked on the crypto platform team responsible for bringing every new asset and blockchain onto the exchange.

He later led compliance at Sardine, where his co-founder Raj Lad led payments, and together they shipped one of the first virtual account programs in the stablecoin market. Infinite is a Y Combinator Winter 2025 company, backed by Coinbase.

In this episode, we discuss:

- Why every fintech and financial services company now needs a stablecoin strategy
- What virtual accounts really are, and why they function like a universal phone number for global businesses
- The visibility gap on the international leg of cross-border stablecoin payments and how Infinite closes it
- First-party vs third-party payments, the FBO model, nesting, and the compliance risk most fintechs underprice
- Why compliance is becoming the real moat in stablecoin B2B payments, not speed or cost
- Progressive, dynamic, AI-assisted compliance - and the end of emailing passport scans
- Why the local market winners (Bitso, Trace Finance, Conduit, Yellow Card, BVNK, Bridge, Stripe) are partners, not competition
- Lessons from a repeat founder who lived through the 2018 and 2022 cycles at Coinbase
- Machine-to-machine transactions, agentic commerce, and whether foundation model companies become payment companies

Stableminded is a financial podcast covering founders on the frontier. Subscribe for conversations with the builders shaping the future of money.

Stableminded is presented by Altitude - business banking rebuilt for teams on the frontier. Payouts, bill pay, corporate cards, and enterprise controls, all from your stablecoin balance. Move money with speed, yield, and total control.

Learn more at https://altitude.xyz