The technology underpinning crypto could fundamentally change the future of how money moves,” says OpenPayd CCO Lux Thiagarajah

In a far-reaching interview, OpenPayd’s Chief Commercial Officer Lux Thiagarajah discusses his transition from traditional foreign exchange trading to the world of digital finance, and outlined his company’s ambitious plans for global expansion. With a background rooted in financial risk management, Thiagarajah is now shaping OpenPayd’s commercial evolution as it builds out the infrastructure layer to bridge fiat with blockchain rails.

He discussed the biggest challenges hindering blockchain’s institutional progress, including privacy concerns and the still highly fragmented state of global regulations, but also reiterated his belief that stablecoins will overcome these issues and revolutionize cross-border B2B settlements in the future.

1. You have a lot of experience in TradFi, where you spent the formative years of your career. What is it about crypto that interests you and compels you to forge a new path in digital finance?

I was first drawn to crypto for its speculative nature about 14 years ago. Having sat on an FX trading desk, seeing an asset as volatile as crypto was too good to miss. It was only after I went down the rabbit hole that I started to form the view that the technology underpinning it could fundamentally change the future of how money moves.