In short: A Flament board/advisory seat: "a European consortium of stablecoin." It fits their founding thesis that "the euro is nowhere to be found in the stablecoin space," a sovereignty and strategic-power problem for Europe. No view on its prospects.
Qivalis is a consortium of European banks building a euro stablecoin, and Flament sits on its board or advises it. It matters here because of the problem that started Currency of Power: "the euro is nowhere to be found in the stablecoin space." If money is being reinvented in dollars, Europe loses sovereignty, strategic power and financial relevance.
It is the European answer to that gap. The episode gives no view on whether it will succeed, and it is private.
1:31So, one is Qivalis, which is a European consortium of stablecoin, a new digital neobank in Germany called N26 and another group called IG Group. So, anyway, I'm on boards of companies. I write with Nicolas and I think a lot about the topics we're going to talk about today. — Exciting.
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Verbatim excerpts from the public transcripts (auto-pulled at each mention's timestamp, lightly cleaned). Timestamps link into the video; "source page" opens that commentator's full analysis at this row. Click a mention's header line to expand it (one open at a time). For personal study — not investment advice.