# EP. 96 | From Policy to Payments: Building the Future of Money in APAC with Circle’s Yam Ki Chan Page: https://stenobird.com/podcast/trm-talks-5694853/ep-96-from-policy-to-payments-building-the-future-of-money-in-apac-with-circle-s-yam-ki-chan Text version: https://stenobird.com/podcast/trm-talks-5694853/ep-96-from-policy-to-payments-building-the-future-of-money-in-apac-with-circle-s-yam-ki-chan.md Podcast: [TRM Talks](https://stenobird.com/podcast/trm-talks-5694853) Published: 2025-10-22T12:03:00+00:00 Episode link: https://podcasters.spotify.com/pod/show/trm-talks/episodes/EP--96--From-Policy-to-Payments-Building-the-Future-of-Money-in-APAC-with-Circles-Yam-Ki-Chan-e39rk9h Audio file: https://anchor.fm/s/b8275d2c/podcast/play/110006001/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-9-21%2F7b593616-28dd-e561-c2ea-903966f16063.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/trm-talks-5694853/episodes/ep-96-from-policy-to-payments-building-the-future-of-money-in-apac-with-circle-s-yam-ki-chan Duration seconds: 2227 ## Resource Stablecoins are transforming how money moves — and nowhere is that shift more dynamic than in Asia. In this episode of TRM Talks, Ari sits down with Yam Ki Chan, Vice President for Asia Pacific at Circle, to explore how stablecoins are powering the next chapter of cross-border payments, trade finance, and digital money innovation.From his early days tinkering with school computers in Chicago to his tenure at the US Department of the Treasury negotiating policy with China’s top leaders, Yam Ki brings a rare blend of policy depth and business execution to the stablecoin conversation.Together they dig into: Why stablecoins are an upgrade to traditional money rails How Asia’s fragmented regulatory landscape creates both challenge and opportunity Real-world use cases for USDC across remittances, commerce, and trade The leadership roles of Japan, Singapore, and Korea in shaping global standards Why the US “Genius Act” marks a global inflection point for digital assets The discussion also touches on how AI is fueling new fraud tactics — and how blockchain intelligence platforms like TRM are helping regulators and businesses fight back. Don’t miss this deep dive into the APAC stablecoin playbook and the future of financial infrastructure. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/trm-talks-5694853/episodes/ep-96-from-policy-to-payments-building-the-future-of-money-in-apac-with-circle-s-yam-ki-chan/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/trm-talks-5694853/ep-96-from-policy-to-payments-building-the-future-of-money-in-apac-with-circle-s-yam-ki-chan.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.