Stablecoins are Narrow Banks with Nic Carter

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In this episode of Galaxy Brains, Alex Thorn sits down with Nic Carter, General Partner at Castle Island Ventures, for a wide-ranging conversation on the rise of crypto data companies, the future of stablecoins and their implications for the U.S. banking system, and whether artificial intelligence will erode critical thinking skills. They also explore the mounting energy demands of AI, potential disruptions to labor and industry, and what lies ahead in a rapidly evolving tech landscape. This episode was recorded on Wednesday, July 23, 2025. ++ Follow us on Twitter, @glxyresearch, and read our research at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.galaxy.com/research/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.galaxy.com/disclaimer-galaxy-brains-podcast/