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October 13, 2025

So what's happening with stablecoins in Canada?

An interview with Lucas Matheson, CEO of Coinbase

Hi everyone, hope you’ve had or are having a great Thanksgiving. It’s been a while. My work and social life picked back up. Part of that was attending the Elevate Festival which focuses on tech and innovation. There’s a robust fintech content track so I sat in on several conversation including one about cryptocurrency and the blockchain. Without going into too much detail, there has been a push by cryptocurrency companies and members of the Bank of Canada advocating for consideration of a stablecoin as part of Canada accelerating payment innovation.

I sat with Lucas Matheson, the CEO of Coinbase to discuss the state of cryptocurrency, other uses for blockchain, how the impression of cryptobros hurt the industry and where Canada is compared to other countries.

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