Kevin Piao

Regulation isn't the binding constraint on stablecoin cards in LATAM. The issuing partner is — BIN sponsorship, compliance appetite, and whether a stack can go live inside your runway. Five providers, two theories of entry.

PayPal nearly collapsed in 2000 — not because of bad technology, but because it trusted pure automation to fight intelligent adversaries. Twenty-six years later, FinTech operators are repeating the same mistake with LLMs. Here's what the Igor system still teaches us about AI, accountability, and the architecture that actually holds up.

Archer Zhang spent years running one of the world's largest IBM mainframe-based card processing platforms. Now he's building the system designed to replace it. In this conversation, he explains why the hardest part of modernizing card infrastructure isn't the technology — it's getting banks to unlearn thirty years of institutional habit.