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Campbell, Ex-Paxos Risk Lead — The Bank Lobby Is Sabotaging Itself
Austin Campbell ran roughly $23 billion in USDP and BUSD reserves at Paxos. Before that he was a fixed income trader running major funding desks at the banks. Today he's a Professor at NYU Stern and founder of Zero Knowledge advisory. So when he says the U.S. bank policy lobby is sabotaging itself, the mechanics matter.David Sencil sits down with Austin at Consensus 2026 for a dense, opinionated tour through what stablecoins actually do to bank deposits, why GENIUS Act implementation may bite crypto in unexpected ways, why he's bearish on CLARITY, and why Aave in its current form can't…
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