Stellar’s Role In The Future Of Finance | Candace Kelly

Added: 2026-06-03

[00:00:00]There will be a lot of people who are using [music] blockchain and DLT and they may not even know it.

[00:00:07]>> Today's guest [music] is Candace Kelly, Chief Legal and Policy Officer at Stellar Development Foundation, who transitioned from the US [music] Department of Justice and Uber to helping scale Stellar's blockchain ecosystem powering over [music] $2 billion in tokenized real-world assets.

[00:00:21]>> My introduction to blockchain was Terra Finance and my concern from a national security perspective [music] was this gap between the public and the private sector and that's what really motivated me.

[00:00:32]>> What do you think has been the biggest challenge for this [music] industry as a whole?

[00:00:36]>> The technology is not understood well and people who are comfortable with taking a lot of risk are going to use it and often [music] exploit it.

[00:00:45]>> What is Stellar and what problem would you say it's trying to solve?

[00:00:48]>> Stellar [music] is a public blockchain and it was designed for cross-border payments and asset issuance and the goal is equitable access to the global financial system.

[00:00:58]>> What do you think the real role will be for stablecoins? [music] >> If you're looking at individuals who live in places where there's a very unstable local currency, [music] it's making all of those things easier and safer. When you shift to businesses, stablecoins will reduce settlement times, improve [music] transparency.

[00:01:15]>> Real-world assets. So Stellar for me has been doing unbelievable work in this department.

[00:01:20]>> Looking at the Stellar [music] ecosystem already, we've reached 2 billion in real-world assets and so you see that institutional adoption and I think that distribution is probably [music] the last piece of that really needs to come together.

[00:01:31]>> I think AI is posing a real threat to the world in regards to bad actors leveraging it. Actually, crypto seems to perhaps be the answer here.

[00:01:39]>> I would probably say