The Future of Global Payments with Messari
Our latest podcast appearance on the Fully Diluted with Messari Research: The Future of Global Payments with Sphere Labs’ Arnold Lee.

What’s it like to rebuild cross-border payments from the ground up—with stablecoins at the core?
In Messari's latest Unqualified Opinions podcast episode, Messari’s Andrew Dyer sits down with Arnold Lee, co-founder of Sphere Labs, to explore how programmable money is reshaping financial infrastructure in emerging markets.
They dig into:
- Why the “stablecoin sandwich” is changing global settlement flows
- How SpherePay & SpherNet are tackling real
- World routing complexity
- The growing tension between dollar stablecoin adoption and sovereign policy- Why being small and nimble is an edge in markets TradFi won’t touch
🎧 Watch the full episode
YouTube: https://messari.co/4eZWbWA
Spotify: https://messari.co/3IGjdFV
Apple: https://lnkd.in/eJ3Bsdf2
📘 Dive deeper in the State of Stablecoins 2025, where Sphere Labs contributed on-the-ground insights on stablecoin usage, liquidity, and compliance in underserved markets.
Get the Full Report:
https://messari.co/452A7Ge
Subscribe to Sphere Blog
No spam. Just the latest releases and tips, interesting articles, and exclusive interviews in your inbox every week.